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Hitesh Raj

Category : 80 C Ded..,
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July 25, 2018 1:14 am
  • 80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc
How much amount in deduction under 80C
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Vyshnav saikumar
Maximum amount is 1.5 lakhs
  • July 25, 2018
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Amlan Dutta
For AY 2019 20, You can take maximum eligible benefit of 1.5 lakhs but note that sum total of deductions cannot exceed gross total income and also just because a section permits 1.5 lakhs , you simply cannot take benefit unless you have invested in eligible investments covered under that section ......
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  • November 27, 2018
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Rahul verma

Category : INCOME H..,
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July 25, 2018 12:34 am
  • INCOME HEAD - OTHER SOURCES
sir if under income from other source head amount(rs 2344/-) is given in form 16 but no details is there in sch TDS2 column then still we can claim it in same head income from other source or we have to change the head.Tax is deducted on the amount.please guide me on this matter
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Vyshnav saikumar
You can show it income from other sources under other income
  • July 25, 2018
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Amlan Dutta
The income, i believe that you are referring to qualifies under income from other sources .....
  • November 27, 2018
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Sachin daiya

Category : How to s..,
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July 25, 2018 12:14 am
  • How to show salary arrears in return
IF the arrears contains basic salary+ DA+ some other factors of previous years. Then, should it put in salary head or allowance not exempted ? I have filled the 10E form. But now in breaking the arrears is difficult while filing ITR 1 for FY 18-19.
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Amlan Dutta
The form 10 E doesn't ask for arrears breakup at all .. it is only while filling salary schedule, you are required to fill salary breakup ...here for arrears also , you are required to figure out arrears basic portion ( including increments wherever due ) for all the years where arrears were rece...
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  • July 25, 2018
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SYED UMAIR HUSAIN

Category : How to s..,
Solved
July 24, 2018 11:51 pm
  • How to show salary arrears in return
Thanks Amlan bhai for your previous answer. I asked my doubt in the comment of the youtube video but asking again here as a new question,

I have one month basic known, but if I Multiply it by 12, what about the increment i have received in july last year.

And Second thing, if i put 0 as basic a...
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Amlan Dutta
I will be deleting the salary arrears video ...in case of arrears , what you will do is figure out not just the basic of the previous year 2017 18 but also of all those years where the arrears has been received considering increments everything ....once basic figured out , non exempt is easy to figu...
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  • July 25, 2018
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