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DEEPAK

Category : Salary m..,
Solved
June 16, 2018 10:43 am
  • Salary mismatch in form 16 and 26 as
Sir, mismatch in 26AS is salary credited with form 16 but Tax deducted is correct in 26AS and FORM 16,, which amount I put in salary credited. Sir,
Help me with example
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Amlan Dutta
You can put chargeable income from form 16 ...refer to my video on how that is arrived and take up with employer so that the gross income starts reflecting in your 26 as tax credit statement else there might be a problem in future
  • June 16, 2018
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Devendra Kumar Chauhan

Category : Revised ..,
Solved
June 15, 2018 7:39 pm
  • Revised Return U/s 139(5)
I have filled ITR1 and uploaded it successfully which is pending for verification. I have filled some entries wrongly by mistake and acknowledgement number has been received. In this situation , how can i refill ITR again?
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Amlan Dutta
(Don't ever type your question in uppercase AGAIN ) As far as solution goes, you cannot make changes now , e verify it and then submit revised return doing all the corrections ....the latest uploaded revised return shall be considered for assessment ...i repeat , i don't want to see questions ...
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  • June 16, 2018
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Devendra Kumar Chauhan

Category : How to f..,
Solved
June 15, 2018 10:38 am
  • How to fill nature of income in ITR1 (exempt)
I don't avail HRA and FTA(Fixed travel allowance) because i am living in self occupied home. I have to add HRA in my income then what should i mention in "nature of income". Please guide me once again. I am filing my return for the first time. The problem is related to the field appearing in the Pa...
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Amlan Dutta
Understand one thing that you may be getting HRA but the fact that you stay in your own house makes the entire HRA that you get taxable ...someone may be staying on rent and a portion of the HRA as per rules may be exempt ...next FTA , i assume stands for Fixed travel allowance ..it is exempt to the...
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Understand one thing that you may be getting HRA but the fact that you stay in your own house makes the entire HRA that you get taxable ...someone may be staying on rent and a portion of the HRA as per rules may be exempt ...next FTA , i assume stands for Fixed travel allowance ..it is exempt to the extend spend and to be reflected in section 10 (14) in the nature of income ...i don't like answering questions on taxability of allowances ...advise that you watch my videos and understand the concept of exempt income and why it is to be declared else my answers wont make much sense anyways ...<br /><br /><br />As far as nature of income in exempt income head goes , here the nature of income refers to the type of income which is being reported as exempt ...based on what applies to your case , you can fill accordingly. Here ,HRA need not be reported because it is not exempt but yes , the FTA to the account it is exempt needs to be shown under section 10(14) ...check attached pictures and refer to the videos for reporting exempt income in ITR 1. Understand one thing that you may be getting HRA but the fact that you stay in your own house makes the entire HRA that you get taxable ...someone may be staying on rent and a portion of the HRA as per rules may be exempt ...next FTA , i assume stands for Fixed travel allowance ..it is exempt to the extend spend and to be reflected in section 10 (14) in the nature of income ...i don't like answering questions on taxability of allowances ...advise that you watch my videos and understand the concept of exempt income and why it is to be declared else my answers wont make much sense anyways ...<br /><br /><br />As far as nature of income in exempt income head goes , here the nature of income refers to the type of income which is being reported as exempt ...based on what applies to your case , you can fill accordingly. Here ,HRA need not be reported because it is not exempt but yes , the FTA to the account it is exempt needs to be shown under section 10(14) ...check attached pictures and refer to the videos for reporting exempt income in ITR 1.
  • June 15, 2018
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Vaibhav

Category : HOW TO F..,
Solved
June 14, 2018 9:48 pm
  • HOW TO FILE RETURNS
While filing ITR2, in PART B - TTI, in VERIFICATION section what needs to be entered in the field provided for "I further declare that I am making return in my capacity as .. "??
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Amlan Dutta
You will write "individual " .... this is basically referred to as the return signing capacity ....it means to imply that individual and not firm/ company/ HUF etc is filling the return....you can refer to my YouTube tutorials for more insight on this exact topic
  • June 14, 2018
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Vaibhav
Can you please point me to the exact link to that tutorial, Amlan? Thank you.
  • June 15, 2018
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