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ATUL THAKUR

Category : Deductio..,
Solved
August 19, 2018 2:57 pm
  • Deduction benefit of NPS
Sir,

I am working in a nationalised bank. In my form 16,part B, this NPS Contribution mentioned under section 9.A.(c) & 9.B.(b) , as you can see from screenshot,that my 80ccd(1) contribution in section 9.A(c) is shown as Rs 75117, and 80ccd(1B) deduction is Rs 36325 . and deduction under 80ccd2(emp...
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Amlan Dutta
I will not go into extensive explanation , i have already made the subject amply clear in my videos ...in short , you can show 50,000 in 80 CCD(1B) and yes , you can show employer contribution in 80 CCD(2) ...You will get a adjustment notice for variance with form 16 and your return figures shall b...
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  • August 19, 2018
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vipul mhapsekar

Category : Selectio..,
Solved
August 18, 2018 10:31 am
  • Selection of Return
here is brief :

*i never filed ITR

*iam freelance photographer

* i use only SBI for whatever transaction i require to do.

*As per my SBI (savings) bank statement from 1st April 2017 till 31st march 2018 my credited amount is 650000 (six lakh fifty) & debited amount is 795000 (seven lakh ninety f...
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Amlan Dutta
Return is prepared to compute taxes based on income depicted by the assesse as applies to him/her ...you have income from profession , interest income (FD and savings ) .note having FD or saving is not income but the interest accrued /paid is income ...Investing in mutual funds is not income but in...
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  • August 19, 2018
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Siva

Category : ITR 4..,
Solved
August 17, 2018 11:40 pm
  • ITR 4
Hi Amlan, Yes, I'm working as technical consultant (freelancer). I have got another question on Presumptive Taxation eligibility when I found the below one in FAQs.

FAQ: Who cannot opt for the Presumption Taxation Scheme?
Answer: If the taxpayer has claimed deduction under section 10, 10A, 10B, Sectio...
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Amlan Dutta
I don't like commenting on stupid articles and FAQ's and this would be my last response to this question ...that is section 10A and not section 10 ...that much is enough ,,,i won't waste any further time..next time please link your question if you provide a FAQ reference ...if it is of any blogger ...
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  • August 19, 2018
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Siva
Sorry about that and Thanks for your response!
  • August 20, 2018
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Vishal

Category : Selectio..,
Solved
August 17, 2018 11:13 pm
  • Selection of Return
I have salary income (through cheque)₹3,00,000 (as my main income).In addition to that i have earned around ₹40,000(yearly) as interest in cash from my cash in hand.
Also i do part time tution from which i have earned ₹1,30,000 in cash.
Which ITR should i file?(1or?)
Can there be any problems ...
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Amlan Dutta
You can file ITR 1 showing income from tution and interest income as income from other sources ...i don't see reasons for any problem ....your question category was again wrong , i haven't deleted the query but be careful next time
  • August 17, 2018
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Vishal
thank you sir,and will try n choose the correct category
  • August 17, 2018
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