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Ankit Saini

Category : Deducted..,
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July 11, 2018 7:22 pm
  • Deducted TDS not appearing in form 26 as
TDS deducted by bank on SCSS but not showing in form 26AS . What should i do ?
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Amlan Dutta
Take up with bank for proper TDS filing so that the credit starts reflecting ...unless they do , you won't be able to take TDS credit in return......


Next time , please be very careful to edit and select q...
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  • July 11, 2018
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Pravesh kumar kardam

Category : TAXABILI..,
Solved
July 11, 2018 6:05 pm
  • TAXABILITY OF SALARY ALLOWANCES
सर् दिवाली पर मिलने वाला बोनस, 7वे वेतन आयोग का इस वर्ष मिलने वाला एरियर किस कालम में भरें।
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AYUSH
Hello parvesh regarding your query of Diwali bonus you have received in c/y and receiving of arrears, treatment as follows Diwali bonus will be shown as value of perquisites in taxable head salary and for arrears you have to file form 10e for claiming relief u/s 89 of income tax act
  • July 11, 2018
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Amlan Dutta
Am assuming that you are speaking with reference to AY 2018 19 and that your form 16 contains the arrears and bonus figures

I see that your form 16 shows no exempt allowances under section 10 and also no breakup for bonus ...This implies that the gross itself comprises of both bonus and arrears,...
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  • July 11, 2018
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Hemen

Category : 80CCD(1B..,
Solved
July 11, 2018 5:01 pm
  • 80CCD(1B) - Employee contribution NPS.
Dear Amlan
As you can see in my form 16, my employer shows the employee contribution towards NPS u/s 80 CCD (1). Hence, I am not getting the full benefit of deduction. After watching your recent video and reading your answers related to NPS in makeknowledgfree platform, I came to know that we could ...
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Amlan Dutta
You may surely claim employee contribution NPS benefit under 80 CCD(1B)...I beleive that you had not made it clear during savings declaration to consider your contribution towards 80 CCD(1B) and hence by default employer has considered for 80 C deduction ...You can at time of return filing , as you ...
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  • July 11, 2018
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Somnath Karmakar

Category : Income t..,
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July 11, 2018 10:50 am
  • Income tax
Hi Amlan,
My father is a retired person. He worked for the Govt. of West Bengal. His pension includes the sum of Basic Pension and dearness relief. You mentioned in a tutorial before that in case of pensioner the total pension amount should be shown in the “Salary-excluding all allowances” head ...
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AYUSH
Hello somnath their are 2 practices in which you can show up pensioners pension in itr 1 case 1- when you don't have bifurcation of salary and da (normal case) we take all pension as salary case 2- if suppose your bank credit the pension amount with bifurcation of da and basic pay you can show da as...
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  • July 11, 2018
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Amlan Dutta
This is breakup case ....so, you are required to

(i) show basic pension under salary head and

(ii) the dearness relief under non exempt allowances ...

You have already understood the case , as is evident from the question itself ...well done ...and it helps me understand that the pensioners get dearn...
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  • July 11, 2018
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