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sunil kumar garg

Interest TDS (U/s 194 A)...
3 hours ago Unsolved
2 fd yearly basis in sbi bank . 1 fd mature on august and other on december....
continue from 2012 on yearly basis.
i always deposit 15g in april of every year.
so i assure that no tds will deduct on my fd. so i ignore bank statements.


but when i see my 26 as .in fy 2017-18 and in fy 2016-17 there is ...
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Divya

Exempt Income...
8 hours ago Unsolved
Dividend income from domestic company Under Schedule EI and Dividend Gross under Schedule OS : Is it same . Should we enter the same amount in both fields
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Divya

INCOME TAX...
10 hours ago Solved
Hi Amlan ,

First Part :

I had redeemed few of my stocks and MF after 12 months gap and elss after 3 years gaps in Dec 2017.I have to fill STCG as well as LTCG . So LTCG come around 183K . STCG I am yet to do . I also had surrendered a pension plan of LIC before its term. Could you tell me 1) where ...
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Amlan Dutta
1.) LTCG realized in Dec 2017 is exempt

2.) If you surrender your pension plan before maturity, the surrender value will be added to your income and taxed as per your slab..This income will be added in income from other sources ...in case you took any 80 C benefit of the pension plan , that all wil...
  • 8 hours ago
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Divya
Thank you Amlan ..lot of it answers .. I will fill up ITR and see how it looks like .
  • 7 hours ago
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Mahendrakumar Kolhe

NRI Taxation...
11 hours ago Unsolved
A daughter (NRI) wants to transfer her Tax Saving Bonds (Demat form) in her Mother's (RI) name.

What will be the tax implications for both of them?
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Devendra Kumar Chauhan

General...
23 hours ago Unsolved
sir i am govt employ & according to the government orders i am taking family planning allowance of rs 210/-per month total of yearly rs 3000/-only.therefore i want to know that above allowance is exempt,if it is exempt then which section it covers pl help me
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AMANDEEP SINGH ARORA

sir hello mere two que hai pls solve
mere father ek small business run krte the vo july 2017 mai expire hogye aus k baad se mai aus bussiness ko chala rha hu .ap ke video dek k maine father ki ITR FY 16-17 AY 17-18 as legal heir fill ki th

1) ab father ki last ITR FY 17-18 AY 18-19 aur mere 1st ITR ...
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Joy

RETURN FILING...
Hello Amlan, Hope you are doing well..so here is my scenario:
for the FY-2017-18, I have two form 16. (Both the companies are of the same business group).

The first Form 16 i.e FORM 16_01 shows following items:
GROSS SALARY: Rs. 3,42,309/-
Total Income: Rs. 3,42,309 /-
Income Under head salaries as...
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Amlan Dutta
Form 26 as shows the gross income for salary ,

1.) For first firm , as per form 16, it should be = 342309 + 0( perqusites )+ 0(Bonus)= 342309

2.) For second firm also , as per form 16 , it should be = 458589 +15000 (perquisites )+0 (Bonus)= 473589( i hope you now understand where the figure comes f...
  • Yesterday, 8:26 pm
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Arun Kumar Bagri

INCOME TAX...
I am paying rent to a NRI landlord. I am depositing the rent after deducting TDS of 30% + 4 % Cess to his NRO account. I have also deposited the TDS amount under Challan 281. Now I am told that I have to file TDS return in 27Q every quarter and then generate Form 16A. Could you please guide me the ...
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hanif

General...
Dear Amlan...i have filed my itr 1 with the help of your tutorial...i have kept house property column blank...haven't selected anything...is it ok??? infact dont have any income on house property...
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Amlan Dutta
You have answered your question yourself ...for no income from from a certain head, you will obviously select nothing
  • Yesterday, 7:09 am
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hanif
many thanks mr amlan....
  • Yesterday, 9:26 am
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BALAKRISHNAN

General...
Hi Amlan,
I was reading a article about gift to family members, suppose i gift 1lakh to my family member ( has only income from FD), and if they are depositing the money in FD and the interest from that FD . So do I have to show that interest in my ITR as ( income from other sources ) and that inte...
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Devidas Chande

Hi sir mere dost ne vehicle purchase kiya loan ka time TCS hua hai kya wo claim kar sakate hai
Aur Transport ke liye ek normal vehicle hai uska kabhi rent wo account deposit karte hai
Uska kuch payment 26As me dikha raha hai,
uska liye income tax returns konsa file kare
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Amlan Dutta
I see that he is in contracting business because the first TDS has happened u/s 194 C ....Car loan is not a income ...the TCS can be claimed as credit by your friend ...see my tutorial on claiming credit of TCS on car loan
  • June 19, 2018
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