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hanif

Category : Salary (..,
Solved
May 12, 2018 8:49 am
  • Salary (ITR 1)
Dear Amlan, i was given one full gross amount (given on occasion of Diwali - which is shown every year in gross salary-taxable) and i received salary arrears also ( salary was increased, therefore arrears were given). would like to ask if the both above amount comes in ALLOWANCE NOT EXEMPT column i...
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Amlan Dutta
I don't feel like replying multiple times to the same query I have told you that you should have a copy of of your form 16 to do this. ...
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  • May 12, 2018
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hanif
many thanks mr amlan.....
  • May 12, 2018
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naresh kumar

Category : Income t..,
Solved
May 12, 2018 1:30 am
  • Income tax
Dear sir amlan
I am a salaried person. I have purchased a car from CSD which price is 11 lakh something . when i am filing my ITR, my car price is reflecting in itr form , where can i put my car amount in ITR 1. please help me.
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Amlan Dutta
Car price is your expense not income ...you are not required to show it at all ......in case you took a loan , then maybe TCS has been deducted ...you can take credit of deducted TCS to meet your tax liability or seek refund as the case may be ......but rest assured that the car price doesn't trans...
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  • May 12, 2018
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Naresh Yadav

Category : Return f..,
Solved
May 11, 2018 11:23 pm
  • Return for Salary, Interest
Dear,sir I have a one question is I am sallired employee and have income of interest of lic premium .so which ITR have filled.ITR 1or ITR 3
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Amlan Dutta
Selection of return must be such that a person can depict all income heads applicable to him /her in the return ...in your case , your scope of income is from salary and interest income ( income from other sources) ...clearly the same can be presented using ITR 1 ....so , you can use ITR 1 ...you ha...
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Selection of return must be such that a person can depict all income heads applicable to him /her in the return ...in your case , your scope of income is from salary and interest income ( income from other sources) ...clearly the same can be presented using ITR 1 ....so , you can use ITR 1 ...you have no business income so why should you use ITR 3 and complicate matters ..........check the attached picture where you shall put the salary and the interest income.......
  • May 12, 2018
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Naresh Yadav
Thank you sir.
  • May 12, 2018
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Sudarshan patidar

Category : 44 AD ( ..,
Solved
May 11, 2018 8:45 pm
  • 44 AD ( Business income)
Dear sir, i have a query about that if i have 2 bussines.1st business for medical store and second for electricity equipment shop.

Now if i file my return under sec 44AD then what should i take my gross turnover it should aggrigate of both business or single in itr 4

And what is position of debeto...
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Amlan Dutta
Turnover of both business is to be considered while computing gross turnover and accordingly you shall have to declare minimum 8 5 of such turnover as presumptive income Debtor mean...
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Turnover of both business is to be considered while computing gross turnover and accordingly you shall have to declare minimum 8 5 of such turnover as presumptive income Debtor means any recievables and creditor means any one the business has to pay Again this is for both businesses and not each business ........ There is no provision to do it for each business anyways .....
  • May 11, 2018
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