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Abdul Quadir

Category : TAXABILI..,
Solved
July 12, 2018 2:49 pm
  • TAXABILITY OF SALARY ALLOWANCES
Dear Sir
As per my understanding and image attached , I think following is correct breakup of subsection for Exemption:
Section 10 (14)(ii)- Con/Trans Allowance-19200
section 10(14)(i)- Washing-12000 ,Prof. Literature Reim-4800 ,Driver Allowance-10800
Total-27600 under 10 14(i)

You are requested to...
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Amlan Dutta
Yes , 10(14)(ii) covers transport allowance and 10(14)(i) covers washing allowance but have not heard of the remaining salary allowances privy to your case and won't be able to comment...but in case you have to select between the two and rest, select 10(14)(i)
  • July 12, 2018
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rinkal

Category : ITR 3..,
Solved
July 12, 2018 12:47 pm
  • ITR 3
if i am freelancer + doing stock market as Hardik asked below. which schedule is applicable from all schedule in excel utility of ITR 3. (i am sure that general and TDS and couple other are must require

But i am not sure for

(1)freelancing income (Technical consultant) and what section need to fi...
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Amlan Dutta
I won't be giving a detailed answer but the income schedules that relate to your scope of taxable income must be filled in the return utility and rest i.e salary, house property, other sources etc can be kept blank

1.) For freelancing income , this is profession income therefore PL and BS must be fi...
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  • July 12, 2018
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Pravesh kumar kardam

Category : How to f..,
Solved
July 12, 2018 11:51 am
  • How to fill Salary breakup in ITR 1
सर् कुछ भाग समझ मे नही आ रहा है।
कृपया हिंदी अनुवाद करने की कृपा करें।( कोई मित्र)
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Amlan Dutta
Figure out 12 month basic pay first,

FOR YOUR CASE,
1.) Salary = Basic pay for 12 months
2.) Allowances not exempt = 628886 - (basic pay for 12 months)
(This portion contains your Diwali bonus , arrears and all taxable allowances i.e DA etc )

3.) Value of perquisites ...
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  • July 12, 2018
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Ankit shakya
Sir maine arrear ko basic me add kar diya hai same form 16 mera bhi hai to kya galat ho gya.....
  • July 20, 2018
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BISWAJIT BARMAN

Category : TAXABILI..,
Solved
July 12, 2018 10:17 am
  • TAXABILITY OF SALARY ALLOWANCES
Sir, we draw 10% interim relief on basic in West Bengal. Where to show this interim relief in ITR1?
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Amlan Dutta
It is totally taxable and can be shown under non exempt allowances...however one does not simply show interim relief ...once you subtract from gross pay basic pay and the exempt allowances , the total non exempt allowances are arrived at - which in your case shall contain the interim relief as well
  • July 12, 2018
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