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Dilip dwivedi

Revised Return U/s 139(5)...
16 hours ago Solved
Hi....amlan sir...
I'm a salaried person...I filled itr for AY 2018-19 in June 2018 before the due date..my itr processed in august 2018...but bank interest income and medical checkup income left...my queries are???
1-can I fill revise return when my return processed??
2-if I fll revise return and thi...
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Amlan Dutta
1.)Section 139(5) which is for filing revised return doesn't permit revision after the return has been processed.......

2.) You cannot file grievance for such cases ......What you can however attempt is try submitting rectification request and option for option - taxpayer correcting data and submitti...
  • 13 hours ago
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TRIPATI SAHU

Arrear Relief under section 89...
Sir I have filled the return of AY 2018-19 . I got the intimation assment order but the department have not considered my arrear relief u/s89 but I have submitted form 10E before filling the itr.what should I do.
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Amlan Dutta
Under normal circumstances, you would have submitted rectification request but i beleive that the rectification options for AY 2018 19 has not been loaded so far...you can submit a revised return with the same details ! Revision under section 139(5) is allowed until final assessment is not processe...
  • 19 hours ago
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PARTHA SARATHI MAJEE

Rectification u/s 154...
Dear amlan if possible then pls post a rectification vdo with 89 disallowed case for reprocess the case there is no need of correction. As rectification link has been provided against some PAN. As after filling accurate data of 10E departing sending 143(1a) notice by raising demand u/s 245,while som...
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Amlan Dutta
It is quiet obvious that the arrear relief under section 89 was disallowed and as a result the demand has arised ...as such , if rectification option has loaded for AY 2018 19 , then the assesse can opt for rectification under reprocess the case provided the form 10 E was correctly filled ...else , ...
  • 13 hours ago
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PARTHA SARATHI MAJEE

e Grievance ( e Nivaran)...
Dear amlan, I have submitted request for processing of revise return as original return was processed instead of revised return through E nivaran. Now the grievance status still showing pending while the request submitted by me one week ago from today. So, in this situation what should i do, wait fo...
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Amlan Dutta
You can discuss once with assessing officer personally since the systems may many times be not perfect in the way it should appear to work ...i would still advise you taking up next level of grievance with assessing officer ( recently one of my friends who did this received a simple response - retur...
  • September 17, 2018
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Debroop

ADVANCE TAX...
Hi Amlan,

Regarding the advance tax payment, your video was really helpful to understand the concept. The query i have on the same subject is, "since it is an estimated tax we are calculating for the FY 2018-'19 and for any reason I happen to to pay more than the required installment of advanced tax...
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Amlan Dutta
You may term it adjustment but the way it gets adjusted is vide the concept of cumulative amount ...if you pay extra , then the next installment which is 45 % ..you just pay enough to make it 45 rather than what you would have originally paid ...let me explain with a example ...say you have determi...
  • September 16, 2018
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Debroop
Thank you. Its crystal clear now!!
  • September 16, 2018
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Robin Philip

Rectification u/s 154...
Hi Amlan,

I would like to file a rectification request for 143(1) for AY 2017-18 for the return which was filed on time. I have a data correction and hence, I am not sure what is the option that I need to select for 'Return filed' under in Excel. Can you please advice.

Thanks for all your videos w.....
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Amlan Dutta
When you do the rectification , you are simply wanting to make correction in the earlier filed return only ...This portion is vide tracking and validating the intimation which is linked to the file ITR ( under certain section depending on the case)

Basically, whatever section was used for the return ...
  • September 14, 2018
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Mrudula

How to pay advance tax...
This year my other income is coming around 100000 in various Bank FD and RDs and NSC (45000 in interest) Do I have to pay advance tax even though I am salaried because I have not declared them to my employer.? How do I pay advance tax?
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Amlan Dutta
If total tax liability is 10000 Rs more, then you are liable to pay advance tax ...In your case, first figure out whether the taxable liability shall exceed 10,000 rs . If yes , then pay advance tax using challan 280...check video tab on how to pay advance tax
  • September 13, 2018
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Keval Shah

ASSESSMENT PROCESS...
Hi sir , i was handling my friends father assessment. There are demands from earlier years in site , also in past few letter were submitted . But half of documents are not available right now. What is the correct course of action should i do now. I am not able to trace demands & letters .
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Amlan Dutta
Download income tax returns for relevant assessment years

Firstly , check scope of taxable income (check savings also) and arising tax liability that was declared in tax return
Check the tax credit available to you that was used to meet the tax liability declared in ITR

Now check , whether i...
  • September 13, 2018
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Rajesh Iyer

If a person in India earns ₹20 crore in a F. Y., out of which he gave 2 crore to his friend as a wedding gift by making deeds and all documentation. Now on what sum of money does the giver has to pay tax at the end of F. Y.? On ₹20 cr or on ₹18 cr?
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Amlan Dutta
The entire 20 Crore shall be taxable in the hands of the giver ( doner) as per the income head and taxed as per corresponding income head it belongs to and as per slab based taxation ..........

For the friend (donee) it shall be exempt , since it is received on his wedding...There are 2 cases one...
  • September 11, 2018
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Shivam pandey

Form 10 E not submitted online...
Dear sir,
I filed a return for ay 16-17 and claim rebate u/s 89(1) and i forgot to file form 10 e and my return has been processed and demand has been raised by department and rebate of u/s 89(1) has not been given as intimation 143(1)(a).can I file form 10 e and rectify the return for this year ...
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Amlan Dutta
Yes this is a very common case ...you need to fill up and submit form 10 and apply for rectification under reprocess option......i believe rectification option for AY 2018 19 hasn't losses so far .....you may have to wait sometime to submit rectificstion ...watch tutorial for this
  • September 9, 2018
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Shivam pandey

Demand under section 143(1)a...
Dear sir
I filed a return for at 17 -18 and return processed and demand u/s 143(1)(a). And I paid it and I submit the answer (like everything of detail of payment challan no..bsr code etc ) on 7 of February 2018 but till now the demand still shown on my outstanding demand what to do sir plz give...
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Amlan Dutta
Raise Enivaran grievance addressed to assessing officer to nullify demand ....a visit to the assessing officer should do wonders ... they are very slow in systems until one meets them personally .... carry a copy of the challan receipt
  • September 9, 2018
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Sandeep Tiwari

Demand under section 143(1)a...
sir
in A.Y. 15-16, is file return after due date, u/s 139(1), my 26AS tds deducted Rs.13274 from salary. & i received demand of Rs.15893
tax - Rs.12244 +
Intt Rs. 3649 (intt u/s 234A- Rs.122 , 234B-Rs.2074, 234C- Rs.1453).

& i also forgot to verify ITR-V. i verified it 23-08-18.

i repl...
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Amlan Dutta
How can you use section 139 (1) for belated return ....it should have been belated section 139 (4).... select proper options to counter demand ... also first check whether condonation request accepted else return will be treated as invalid.....
  • September 9, 2018
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Jitendra B
Is condonation request to be filled online on Efiling website? Or is that a paper process to be followed?
  • September 9, 2018
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