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RAM

Category : Income t..,
Solved
August 17, 2018 9:40 pm
  • Income tax
Sir. I have Wrongly received amount (48689) as a allowance in FY 2018-19 ,but that is wronglly given to me, & taken back (adjusted) in momth of may, jun 18 for the period Nov 17 TO Apr 18. which has increased my tax. How i can get tax rebate for this amount.
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Amlan Dutta
Once it forms a part of your salary , it is tough to not show it , but while filing return for FY 2017 18 , you can reduce this amount from your taxable income ....you will have to prove this during scrutiny assessment though accordingly to assessing officer...you are likely to receive a adjustmen...
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  • August 17, 2018
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Mohsin Razaq

Category : 80CCD(1)..,
Solved
August 17, 2018 1:28 pm
  • 80CCD(1) - Employee contribution towards NPS
If one has already used the 150000 limit under PPF category can the contribution by employee be entered under 80CCD(1B) instead of 80CCD(1) and claim additional tax relief to the tune of Rs 5000 on 50000 amount claimed under NPS contribution of employee.
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Amlan Dutta
yes, as per my interpretation , one surely can use 80 CCD(1B) for ones own contribution( employee contribution)...it is totally to the choice of the individual whether to use 80 C or 80 CCD(1B)
  • August 17, 2018
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PARTHA SARATHI MAJEE
Yes absolutely right one of my friend already got the refund by claiming in same circuimstance
  • August 17, 2018
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NAVNATH HIRALAL SHIRSATH

Category : Notices..,
Solved
August 16, 2018 3:49 pm
  • Notices
Dear sir,
As of previous query of 80d limit, you suggested to raise rectification request, I tried but in the menu of rectification request AY 2018-19 is not available. And cpc customer care no. 18001034455 is very much busy. So what to do now??
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Amlan Dutta
Once intimation is received with incorrect assessment , there is no other way other than raising a rectification ...I cannot comment on when it shall be available in the system /why it is not there etc
  • August 16, 2018
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Prashant Kumar

Category : HOW TO M..,
Solved
August 16, 2018 1:13 pm
  • HOW TO MAKE TAX PAYMENT
Hi Amlan,

My income tax return has be processed and I received intimation U/S 143(1) today.

I see 2 difference in what I filed vs what was assessed by Income tax officer.
1. 234C INTEREST - Difference of around Rs. 7 (Payable)
2. NET AMOUNT PAYABLE is Rs 10

My question is how do I pay this net amount. Is...
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Amlan Dutta
Check video tab for this answer to see how you will be paying demand tax using challan 280 ...there is no need to update ITR ...ITR is only for advance tax and self assessment tax. It is not for regular assessment tax
  • August 16, 2018
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