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  • Indirect taxes

  •    GST

  • Company Act

  • SITE TESTING

  • TESTIMONIALS

  • Income tax

  •    Registration

  •    How to fill ITR

  •      How to fill salary income in TDS schedule

  •      How to fill Salary breakup in ITR 1

  •      How to show HRA in ITR 1

  • Due date for filing returns

  • Tax payment

  • Filing return of earlier previous years

  •    Section 119(2)(b) Delayed filing

  •    Section 92 CD Advance Pricing agreement

  • UTILITY FILING ISSUES

  •    Unclaimed TDS bought forward and current year TDS separate rows

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

  •    JAVA utility not getting saved

  • 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

  • BASICS OF INCOME TAX

  •    Who is required to file

  •    Clarification over income head

  •    Previous year

  •    Assessment year

  •    Residential status

  •    Tax Computation

  •    Selection of Return

  •      Return for Salary, Interest

  • INCOME SCHEDULE - SALARY

  •    Deduction U/s 16

  •      Tax on Employment

  •      Entertainment Allowance

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

  • Taxability of Gratuity

  •    Gratuity on retirement

  •    Gratuity on resignation

  •    Gratuity during service

  •    Computation of Gratuity

  • INCOME SCHEDULE - HOUSE PROPERTY

  •    How to compute income from house property

  •      Income from Self occupied property

  •      Income from let out property

  •      Deemed let out property

  •      Income from commercial shop

  • Deduction benefit for House property

  •    Deduction benefit for self occupied house property

  •    Home loan interest benefit under 80 EE

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

  •    Deduction benefit for let out property

  • Tax benefit for prepossession loan repayment

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

  • INCOME SCHEDULE - CAPITAL GAINS

  •    Stocks (delivery)

  •      Taxability of ESOPS

  •      Taxability of Foreign ESOPS

  •      STCG on Stocks

  •      LTCG on stocks

  • Mutual Funds

  •    Equity Mutual Funds

  •    Debt Mutual Funds

  • Sale of House property

  • Capital Gains exemption

  •    Compulsory land acquisition

  •      RFCTLARR

  • LTCG Exemption u/s 54

  •    LTCG Exemption u/s 54 EC

  • INCOME HEAD - BUSINESS PROFESSION

  •    Permissible expenses for Business

  •    Disallowances for Business Profession

  •    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

  • Deductions

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

  •      Taxation of Sukanya Samridhi scheme

  •      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

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

  • 80CCG - Investment made under an equity savings scheme

  • 80D - Health Insurance premium

  • 80E - Interest on loan taken for higher education

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

  •    80EE Eligibility

  • 80DD - Expenditure towards medical treatment of dependant

  •    80DD - Dependent person with disability

  •      80DD - Dependent person with severe disability

  • 80DDB - Medical Treatment of specified disease

  •    80DDB - Self or dependent

  •    80 DDB - Senior citizen - Self or dependent

  •    80 DDB - Super Senior citizen - Self or dependent

  • 80GG - Rent Paid

  •    80GG Eligibility

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

  • 80GGC - - Donation to political party.

  • 80RRB - Royalty on patents

  • 80QQB - Royalty income of authors of certain books

  • 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

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

  • TAX COMPUTATION

  • TAX CREDIT

  •    Status of Booking in 26as

  •    TDS

  •      Salary TDS (u/s 192)

  •      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

  • Property TDS( U/s 194 IA)

  • TDS Credit

  •    Deducted TDS not appearing in form 26 as

  •    26 AS TDS not prefilling ITR

  •    HOW TO MAKE TAX PAYMENT

  •      How to pay self assessment tax

  •      How to pay demand tax

  •      How to pay advance tax

  • TDS Return filing

  • Schedule IT (Taking credit of taxes paid)

  •    Self assessment tax

  •      How to fill in challan details for self assessment tax

  • ADVANCE TAX

  •    How to fill in challan details for advance tax

  •    How to pay advance tax

  •    Cases when advance tax exempt

  •    Computation of advance tax

  •    Penalties for non payment of advance tax

  • TCS

  • HOW TO FILE RETURNS

  •    Due return U/s 139(1)

  •    Belated return

  •      Time period for belated return

  • Nil Return

  • Refund Return

  •    Refund for Bank deducted TDS

  •    Refund for LIC Commission

  •    Refund for TDS on professionals

  • ASSESSMENT PROCESS

  •    Processing of returns

  •      How to change AO Jurisdiction

  •      Time period for processing

  •      E verification

  •        E verify using AADHAR OTP

  •        E verify using Netbanking

  • e Grievance ( e Nivaran)

  •    Delay in processing of returns

  •    Disallowance of Tax credit in 26 AS.

  • e Proceedings

  • Notices

  •    Demand under section 143(1)a

  •    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

  • Reassessment Notice under section 148

  • Intimation Notice under 143(1)a

  • Compliance notice for Non Filing of Returns

  •    Income below threshold level

  •    Income above threshold level

  • Defective Returns

  •    How to respond to Defective Notice

  • NRI Taxation

  •    Tax implication for NRI while buying property

  •    DTAA

  •      DTAA ( Tax credit method)

  •        DTAA India Australia

  • DTAA (Credit by Deduction)

  •    DTAA INDIA USA

  • TAXATION OF AOP

  •    TAXATION OF RESIDENTIAL WELFARE ASSOCIATION

  • Return signing capacity

  • TAXATION OF DIFFERENT INSTRUMENTS

  •    Taxation of stipend income

  •      Taxation of Research Fellowship

  •      Taxation of Articleship stipend

  • Taxability of PF

  •    Taxability of PF - withdrawing after 5years

  •    Taxability of PF - Withdrawal before 5 years

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

  • Taxability of Family pension( U/s 57)

  • Taxability of Futures and Options

  • Taxability of pension

  • 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 Interest Income

  •    Taxation of Fixed deposit

  • Taxation of NSC

  • Taxation of Bitcoin /Cryptocurrencies

  • Taxation of Post office interest

  • Taxation of Mutual Funds

  •    Taxation of SIP

  • Rebate and Relief

  •    Rebate under section 87 A

  •    Arrear Relief under section 89

  •      How to correct form 10 E

  •      How to fill form 10 E

  •      Form 10 E not submitted online

  • Deceased Filing

  •    How to register as legal heir

  •    How to file return for deceased assesse

  • Tax site related issues

  •    How to download tax returns

  •    How to download returns after filing

  • Late Filing after belated period also over

  • RETURN FILING

  •    Employer category

  •    How to convert return to xml for uploading

  •    Salary mismatch in form 16 and 26 as

  •    TDS mismatch in Form 16 and 26 AS

  •    ITR 1

  •      How to show employer NPS in return

  •      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

  •          Taxability of Earned Leave Encashment

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

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

  •          Uniform allowance U/s 10(14)(i)

  •          Washing allowance U/s 10(14)(i)

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

  •          Transfer Allowance U/s 10(14)

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

  •          Daily allowance U/s 10(14)

  •          Research Allowance U/s 10(14)

  •          Hostel Expenditure Allowance U/s 10(14)

  •          HRA Allowance U/s 10 (13A)

  • Exempt HRA when not shown in Form 16

  • Salary (ITR 1)

  •    How to show salary arrears in return

  •    How to show Bonus 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)

  • Common Issues

  •    Difference in salary figures in form 16 and 26 as

  •    How to show investments not considered in form 16

  •    How to file return of earlier years

  •    Send acknowledgement after 120 days

  •    Documents to be attached

  • Common Mistakes

  •    Not taken credit of paid taxes

  • PENALTY

  •    Penalty under section 271 F

  •    Penalty under section 234 F

  • FILING AY 2018 19

  • Clubbing of income

  • TRANSFER PRICING

  • Exempt Income

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

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

  •    Exempt PF interest

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

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

  • Exempt Transport allowance u/s10(14)

  • Exempt gift income u/s 56(2)(iv)

  • Exempt Gratuity Income u/s 10

  • Exempt Earned leave at Retirement

  • Exempt HRA U/s 10(13A)

  • Exempt LTCG u/s 10(38)

  • Filing Issues

  • Request

  • General

  • Feedback

Pradeep
Sir my mother has received land compensation approx 2000000 from acquisition of land in Haryana but they have also deducted income 200000. Is it a exempt income and how can I fill this ITR??
santosh kumar Sahoo
GAURAV SINGH
Zac Donahoe
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