Categories
Pagination Scroll
Aditya

Category : Rectific..,
Solved
  • Rectification - Tax credit mismatch
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

HI Amlan,
I got a intimation 143(1) which show differences in TDS reported and computed under 143(1). I checked that i can see tax credit mismatch for one of the bank's TDS. The value I reported indeed matches correctly to the value in 26AS. I watched your videos on the topic and i...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
I think there should be a option for tax credit mismatch and it should not depend upon whether you have filed any specific return (i.e ITR 1/2 or anything else ......according to me , you may proceed to submit rectification under this option only ( not sure why you are not able to see this) and then...
Amlan Dutta

Category : INCOME T..,
Unsolved
  • INCOME TAX
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

test
  • Show Placeholder
  • Hide Discussion
Dilip dwivedi

Category : Disagree..,
Unsolved
  • Disagree to demand for communication of proposed income
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Hi amlan.sir
Good evening...
My friend is a salaried person and he got a notice u/s 234b and 234 c rs.5120 because he got some income of FY 2015-16 in 2017-18 ...his 10e considered by CPC and he already pay tax on arrear...my problem is..
1-what he do when he is disagree with demond..??
2-what option h...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
mail me credentials at amlandutta007@gmail.com .i would like to check and make video on the case
Abhilash Rajan

Category : Intimati..,
Solved
  • Intimation Notice under 143(1)a
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

I have received intimation 143 (1) for AY 18-19. All entries match until column number 15 (Interest payable column) where there amounts mentioned. Also, TCS amount that is available in 26 as has not been considered for which I will file the rectification request but I am confused about the amounts m...
  • Show Placeholder
  • Hide Discussion
Abhilash Rajan
Thanks a lot Amlan. Great work!
Abhilash Rajan
Amlan, Do I need to submit my response at 'Response to outstanding tax Demand' after I submit the rectification request? Thanks
RAJU M

Category : Intimati..,
Solved
  • Intimation Notice under 143(1)a
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Sir i recieved notice from income tax dept 143 (1). How to treat this sir
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
143(1) is intimation assessment and not notice ..usually department serves notices under section 143(2) and 142(1) ...i have a video on how to study and understand the 143(1) intimation assessment ...it is basically department's take ( preliminary initial assessment )on the filed return by agreeing...
Avin Rai

Category : Revised ..,
Solved
  • Revised Return U/s 139(5)
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Sir, can I file a revised return for 2018-19 after I received intimation 143(1) for AY 2018-19. I missed adding income from other sources and loan deductions.
  • Show Placeholder
  • Hide Discussion
Avin Rai
Still, it is showing "ITR-V received". But I received 143(1) in my mail. So, I think I can revise. Am I right sir?
Still, it is showing "ITR-V received".  But I received 143(1) in my mail. So, I think I can revise. Am I right sir?
Amlan Dutta
yes, it means simply that the acknowledgement has been received
Kirti Menkudle

Category : TDS ON N..,
Solved
  • TDS ON NRI PURCHASE
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Hi Sir,
We are planning to buy a house property worth 1.03 Cr agreement value in the joint name and joint home loan of myself and my husband. The property is also in the joint name of husband and wife and they have an Indian Pan card. However, their status is NRI. As per the rule banks says upto 23....
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
1. What things / documents should we ask from him for his investment in bonds. (Worried coz buyers are liable to pay TDS & dont want any income tax notice for not giving TDS)

Why should you even want to know whether he will get capital gain exemption or not
This has no bearing on deduction of TDS
S...
Kirti Menkudle
Thanks a lot Sir for your elaborate answer to each and every query.
Appreciate your time and effort to help people like me who are not aware of many facts.
Mahesh S

Category : How to c..,
Solved
  • How to compute income from house property
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Sir, I have a single House property which is let out(Rent 10500 p.a.,) and also a Home loan(Interest paid this year Rs. 2,78,000). But I stay in a rented house at a different place. Income from salary is 607950. Whether I have to include the rental income as Income from House property ? Can deductio...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
Yes, you will show rent income under income from house property and surely, you can claim deduction benefit of home loan interest to the extent of 2 lakh rupees ......the computation itself for income from house property for let out house besides 30 % net annual value takes take into account inte...
Ashish Kumar Das

Category : ADVANCE ..,
Solved
  • ADVANCE TAX
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Dear Mr. Dutta,
In the month of December'2018 I have received my salary for last three years in arrears which is approximately Rs. 60,000,00/- (Sixty Lakhs). However, my employer did not make any TDS for this amount. I plan to file form 10E to claim relief. But my question is whether I need to pay a...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
Surely you need to pay advance tax ...But, first figure out taxable income for FY 2018- 19 and the arising tax liability ...Now for paying advance tax for FY 2018 19, the rules prescribe that you are supposed to pay 30% advance tax by 15th June 2018, 45% (cumulative)of advance tax is paid by 15th ...
Amlan Dutta
It should be fine, i guess ...take care ...revert if you face any issues
Hemant Modi

Category : Tax Comp..,
Unsolved
  • Tax Computation
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

Hi,

I am a government employee. I had got a notice to pay an excess salary which was credited to my account a couple of years back. Below is the amount.
Base Amount: 52000
Interest Amount: 62000
Total: 114000

I have paid the above amount to the employer. Please let me know if I am eligible to get tax exe...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
The year in which you got the amount i.e salary and interest , the same year , you had to declare and pay taxes ...salary under salary head and interest under income from other sources ......for question of exemption and other things , refer to your form 16 provided by employer ....Interest has no e...
Ajit

Category : Rectific..,
Unsolved
  • Rectification - Tax credit mismatch
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income in filed return and 26 as

  •     Agree to demand for communication for proposed adjustment

  •       Revision after agreeing to proposed adjustment

  •     Disagree to demand for communication of proposed income

  •   Compliance notice for Non Filing of Returns

  •     Income above threshold level

  •     Income below threshold level

  •   Demand under section 143(1)a

  •   Intimation Notice under 143(1)a

  •   Reassessment Notice under section 148

  •   NRI Taxation

  •   Double Tax Avoidance Agreement

  •     DTAA ( Tax credit method)

  •       DTAA India Australia

  •     DTAA (Credit by Deduction)

  •       DTAA INDIA USA

  •   Tax implication for NRI while buying property

  •   PENALTY

  •     Penalty under section 234 F

  •     Penalty under section 271 F

  •   Rebate and Relief

  •   Arrear Relief under section 89

  •     Form 10 E not submitted online

  •     How to correct form 10 E

  •     How to fill form 10 E

  •   Rebate under section 87 A

  •   RETURN FILING

  •   Employer category

  •   How to convert return to xml for uploading

  •   ITR 1

  •   Exempt HRA when not shown in Form 16

  •   How to fill nature of income in ITR1 (exempt)

  •   How to show Gift from relative in return(U/s 56(2)

  •   TAXABILITY OF SALARY ALLOWANCES

  •   Border Area allowance U/s 10(14)(ii)

  •   Child Education Allowance U/s 10(14)(ii)

  •   Daily allowance U/s 10(14)

  •   Helper/Assistance Allowance U/s 10(14)

  •   Hostel Expenditure Allowance U/s 10(14)

  •   HRA Allowance U/s 10 (13A)

  •   Research Allowance U/s 10(14)

  •   Taxability of Earned Leave Encashment

  •   Transfer Allowance U/s 10(14)

  •   Transport allowance u/s 10(14)(ii)

  •   Uniform allowance U/s 10(14)(i)

  •   Washing allowance U/s 10(14)(i)

  •   How to fill Salary breakup in ITR 1

  •   How to fill salary income in TDS schedule

  •   How to show employer NPS in return

  •   How to show HRA in ITR 1

  •   Salary (ITR 1)

  •   How to show Bonus in return

  •   How to show salary arrears in return

  •   How to show salary income from Multiple companies

  •   Multiple form 16

  •   ITR 2

  •   How to take Interest TDS credit in ITR 2

  •   ITR 3

  •   ITR 4

  •   ITR 5 (Firms)

  •   ITR 6 (Companies)

  •   Salary mismatch in form 16 and 26 as

  •   TDS mismatch in Form 16 and 26 AS

  •   Return signing capacity

  •   REVISION AND RECTIFICATION

  •   Rectification

  •     Rectification - Tax credit mismatch

  •     Rectification - Taxpayer wanting to correct data

  •     Rectification u/s 154

  •   Return processed but revision needed

  •   Revised Return U/s 139(5)

  •   Time period for filing revised returns

  •   TAX COMPUTATION

  •   TAX CREDIT

  •   Schedule IT (Taking credit of taxes paid)

  •     ADVANCE TAX

  •       Cases when advance tax exempt

  •       Computation of advance tax

  •       How to fill in challan details for advance tax

  •       How to pay advance tax

  •       Penalties for non payment of advance tax

  •     Self assessment tax

  •   How to fill in challan details for self assessment tax

  •   Status of Booking in 26as

  •   TCS

  •   TDS

  •   Property TDS( U/s 194 IA)

  •   Salary TDS (u/s 192)

  •   TDS Credit

  •   26 AS TDS not prefilling ITR

  •   Deducted TDS not appearing in form 26 as

  •   HOW TO MAKE TAX PAYMENT

  •   How to pay advance tax

  •   How to pay demand tax

  •   How to pay self assessment tax

  •   TDS on income other than salary

  •   Consultancy TDS U/s 194 J (10%)

  •   Contract TDS u/s 194 C (1%)

  •   Interest TDS (U/s 194 A) (10%)

  •   TDS ON NRI PURCHASE

  •   TDS Return filing

  •   Tax site related issues

  •   How to download returns after filing

  •   How to download tax returns

  •   TAXATION OF AOP

  •   TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  •   TAXATION OF DIFFERENT INSTRUMENTS

  •   Taxability of Family pension( U/s 57)

  •   Taxability of Futures and Options

  •   Taxability of Interest Income

  •   Taxation of Fixed deposit

  •   Taxability of Life insurance plans

  •   Taxability of Endowment Plans

  •     LIC Jeevan Anand Endowment plan

  •   Taxability of ULIP

  •     SBI Wealth Builder ULIP Plan

  •   Taxability on surrendering of Life insurance

  •     Surrendering of ULIP plans

  •   Taxability of lottery winnings (U/s 115BB)

  •   Taxability of pension

  •   Taxability of PF

  •   Taxability of PF - Withdrawal before 5 years

  •   Taxability of PF - withdrawing after 5years

  •   Taxation of Bitcoin /Cryptocurrencies

  •   Taxation of Mutual Funds

  •   Taxation of SIP

  •   Taxation of NSC

  •   Taxation of Post office interest

  •   Taxation of stipend income

  •   Taxation of Articleship stipend

  •   Taxation of Research Fellowship

  •   TRANSFER PRICING

  •   UTILITY FILING ISSUES

  •   JAVA utility not getting saved

  •   Salary in income schedule less than 90% of salary income in TDS schedule

  •   Unclaimed TDS bought forward and current year TDS separate rows

  • Request

  • SITE TESTING

  • TESTIMONIALS

+ 4
Sir, Editing as per your suggestion:
As per 26AS i can see tax credit of 2,21,751. Also this can be seen in form-16. But in the intimation letter all these amount is not being taken care. I wish to do a rectification but when i am trying to do so the amount 2,21,751 can be prefilled in imcometax por...
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
(Please edit question and reattach the pictures)....if i remember right ( i had seen those images)the figures prefilling the TDS field were picked up from your ITR details of filled TDS ...if same credit is available in 26 as , there should be no problem submitting rectification request for sam...
Ajit
So sir, what shall i do now? shall i submit rectification without changing any amount as it is prefilled?
Sumit

Category : How to f..,
Solved
  • How to fill form 10 E
  • Feedback

  • Filing return of earlier previous years

  •   Section 119(2)(b) Delayed filing

  •   Section 92 CD Advance Pricing agreement

  • General

  • INCOME TAX

  •   ASSESSMENT PROCESS

  •     Processing of returns

  •       E verification

  •         E verify using AADHAR OTP

  •         E verify using Netbanking

  •       How to change AO Jurisdiction

  •       Time period for processing

  •   BASICS OF INCOME TAX

  •   Assessment year

  •   Clarification over income head

  •   Previous year

  •   Residential status

  •   Selection of Return

  •   Return for Salary, Interest

  •   Tax Computation

  •   Who is required to file

  •   Clubbing of income

  •   Common Issues

  •   Difference in salary figures in form 16 and 26 as

  •   Documents to be attached

  •   How to file return of earlier years

  •   How to show investments not considered in form 16

  •   Send acknowledgement after 120 days

  •   Common Mistakes

  •   Not taken credit of paid taxes

  •   Deceased Filing

  •   How to file return for deceased assesse

  •   How to register as legal heir

  •   Deductions

  •   DEDUCTIONS UNDER SECTION 80

  •   80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc

  •     80 CCC- Payment in respect of Pension Fund etc

  •       Deduction benefit of NPS

  •         80CCD(2) - Employer contribution towards NPS

  •         Employee contribution towards NPS

  •         80CCD(1) - Employee contribution towards NPS

  •     Taxation of Sukanya Samridhi scheme

  •   80CCD(1B) - Employee contribution NPS.

  •   80CCG - Investment made under an equity savings scheme

  •   80D - Health Insurance premium

  •   80DD - Expenditure towards medical treatment of dependant

  •   80DD - Dependent person with disability

  •     80DD - Dependent person with severe disability

  •   80DDB - Medical Treatment of specified disease

  •     80 DDB - Senior citizen - Self or dependent

  •     80 DDB - Super Senior citizen - Self or dependent

  •     80DDB - Self or dependent

  •   80E - Interest on loan taken for higher education

  •   80EE - Interest on loan taken for residential House property

  •   80EE Eligibility

  •   80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc

  •   80GG - Rent Paid

  •   80GG Eligibility

  •   80GGA - Certain donations for scintific research or rural development

  •   80GGC - - Donation to political party.

  •   80QQB - Royalty income of authors of certain books

  •   80RRB - Royalty on patents

  •   80TTA - Income from interest on saving banks Accounts

  •   80TTB - Income on deposits for senior citizens

  •   80U - In case of a person with Disability

  •   80U - Self with disability

  •   80U - Self with severe disability

  •   Defective Returns

  •   How to respond to Defective Notice

  •   e Grievance ( e Nivaran)

  •   Delay in processing of returns

  •   Disallowance of Tax credit in 26 AS.

  •   e Proceedings

  •   Exempt Income

  •   Exempt Earned leave at Retirement

  •   Exempt gift income u/s 56(2)(iv)

  •   Exempt Gratuity Income u/s 10

  •   Exempt HRA U/s 10(13A)

  •   Exempt LIC moneyback u/s 10(10 D)

  •   Exempt LTCG u/s 10(38)

  •   Exempt PF interest

  •   Exempt Recognised PF interest u/s 10 (12)

  •   Exempt Statutory PF interest u/s 10 (11)

  •   Exempt Transport allowance u/s10(14)

  •   Exempt ULIP maturity U/s 10(10 D)

  •   FILING AY 2018 19

  •   Filing Issues

  •   HOW TO FILE RETURNS

  •   Belated return

  •     Time period for belated return

  •   Due return U/s 139(1)

  •   Nil Return

  •   Refund Return

  •   Refund for Bank deducted TDS

  •   Refund for LIC Commission

  •   Refund for TDS on professionals

  •   INCOME HEAD - BUSINESS PROFESSION

  •   Disallowances for Business Profession

  •   Permissible expenses for Business

  •   Presumptive taxation

  •   44 AD ( Business income)

  •     Preparing Balance sheet

  •   44ADA ( Profession)

  •     How to fill financial particulars of Business/Profession

  •   Profession

  •     Filing return for LIC agent

  •   INCOME HEAD - OTHER SOURCES

  •     Taxability for winnings on lottery

  •   INCOME SCHEDULE - CAPITAL GAINS

  •     Capital Gains exemption

  •       LTCG Exemption u/s 54

  •         LTCG Exemption u/s 54 EC

  •     Mutual Funds

  •         Debt Mutual Funds

  •         Equity Mutual Funds

  •     Sale of House property

  •     Stocks (delivery)

  •     LTCG on stocks

  •     STCG on Stocks

  •   INCOME SCHEDULE - HOUSE PROPERTY

  •   Deduction benefit for House property

  •     Deduction benefit for let out property

  •       Home Loan interest under 24(b)

  •       Standard deduction of 30% of NAV

  •     Deduction benefit for self occupied house property

  •     Home loan interest under 24(b)

  •     Difference in deduction benefit of 24(b) and 80 EE

  •     Home loan interest benefit under 80 EE

  •   How to compute income from house property

  •   Deemed let out property

  •   Income from commercial shop

  •   Income from let out property

  •   Income from Self occupied property

  •   Partially occupied , partially let out property

  •   Property let out partially for the year

  •   Tax benefit for prepossession loan repayment

  •   How to claim loan benefit during construction(Section 80 EE)

  •   INCOME SCHEDULE - SALARY

  •   Deduction U/s 16

  •     Entertainment Allowance

  •     Standard deduction of 40000 u/s 16(ii)

  •     Tax on Employment

  •   Taxability of Gratuity

  •   Computation of Gratuity

  •   Gratuity during service

  •   Gratuity on resignation

  •   Gratuity on retirement

  •   Late Filing after belated period also over

  •   Notices

  •   Communication of proposed adjustment u/s 143(1)(a)(vi)

  •     Difference in salary income in return and 26 as

  •     Inconsistency between other source income i