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Jayanthi MOHAN

80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc...
Are donations to Swacch Bharat & clean Ganga by residents as well as nonresidents exempted 100% for tax
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Amlan Dutta
On account of recent amendment , starting AY 2015 16 onwards, any donation made towards Swacch Bharat Koch and clean Ganga fund is 100% deductible under section 80 G of the IT act ,,,make sure that the section 80 G( especially the TAN details of the donee ) is properly filled to avail this deducti...
  • October 9, 2018
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Amit singh

80EE - Interest on loan taken for residential House property...
Hi amlan sir..maine apke sare home loan ke video dekha..but solution nahi mila. My query is...MAINE HOUSE REPAIRING KE LIYE 500000 LOAN liya hai uska Interest itr 1me kaise aur kaha show karu..house papa ka hai..mai saath me rata hu...
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Amlan Dutta
For Father's house, you wont get benefit of home loan since you enjoy no co ownership of the house ...assuming that you were a co-owner , in that case also, the correct section is not 80 EE but rather 24(b) under which you can seek benefit

Basically , if as a owner/co owner , you have have Home R...
  • September 25, 2018
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Jitendra B

80TTA - Income from interest on saving banks Accounts...
I have received notice u/s 143(1) with a demand raised because the CPC denied the Sec 80TTA deduction. A demand was raised under menu eFile. I had entered exact 10000 in Sec 80TTA in AY 17-18.

1) I have Disagreed with the demand with suitable explanation of missing 80TTA deduction
2) Under Rectifica...
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Amlan Dutta
Yes, you are correct in disagreeing with the demand but you should have also mentioned that the 80 TTA was on account of savings interest and if there was scope of attachments , then you could have attached the savings statement from the bank ....rectification is correct under reprocess the case but...
  • September 4, 2018
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Jitendra B
Thanks Amlan for the guidance.
  • September 5, 2018
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Sowmya

80D - Health Insurance premium...
Dear Mr.Amlan, Can you please let me know if my husband can claim 80D benefit for the medical insurance taken for my parents (his in laws) . They are both senior citizens and also I am not employed currently. I was working until September 2017 and I did not claim this benefit for myself since my hus...
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Amlan Dutta
No, the section 80 health insurance premium is available for only parents of self and not in laws ...your husband can use this section for claiming benefit for self, spouse(you), dependent children or his own parents but not yours ...studying the return itself will also demonstrate the same (check ...
No, the section 80 health insurance premium is available for only parents of self and not in laws ...your husband  can use this section for claiming benefit for self, spouse(you), dependent children or his own parents but not yours ...studying the return itself will also demonstrate the same (check attached picture)
  • August 31, 2018
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Akash Viswam

80DD - Expenditure towards medical treatment of dependant...
Dear Amlanji,

1) Shall I claim the medical expenses (40K) incurred for me (age 38) under 80D (B)?
2) I do not have the original bills with me, as I have tried reimbursing the above expenses (but the insurance company rejected the same)

Kindly advise.
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Amlan Dutta
You need to have the original bills .....please understand the difference between mediclaim insurance and expenses ...for expenses , it is just 5000
  • August 28, 2018
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Akash Viswam
Thank you
  • August 29, 2018
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cherry

80D - Health Insurance premium...
Medical insurance premium deducted by my employer from salary which is mentioned in payslip as 'insurance' but not in Form 16. Can i show in my return.
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Amlan Dutta
I hope you are referring to the health insurance premium( mediclaim) ....
if such deduction benefit is available to you ( i.e you have a health insurance in place as eligible under 80 D) you can claim
  • August 28, 2018
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Shashikant Singh

80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc...
Hello Sir,
I am a state govt. servant. I want to know under whuch head GIS has to be added. GIS (Group Insurance Scheme) of Rs. 400/- monthly is deducted from my salary by emoloyer.
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Amlan Dutta
If under salary breakup , you mean , you can add it to non exempt portion and under deductions you shall show it under 80 c.... Basically for group saving linked insurance scheme , employees' total contribution, savings as well as risk premium is entitled for income-tax rebate under Sec. 80C of the...
  • August 19, 2018
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ATUL THAKUR

Deduction benefit of NPS...
Sir,

I am working in a nationalised bank. In my form 16,part B, this NPS Contribution mentioned under section 9.A.(c) & 9.B.(b) , as you can see from screenshot,that my 80ccd(1) contribution in section 9.A(c) is shown as Rs 75117, and 80ccd(1B) deduction is Rs 36325 . and deduction under 80ccd2(empl...
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Amlan Dutta
I will not go into extensive explanation , i have already made the subject amply clear in my videos ...in short , you can show 50,000 in 80 CCD(1B) and yes , you can show employer contribution in 80 CCD(2) ...You will get a adjustment notice for variance with form 16 and your return figures shall b...
  • August 19, 2018
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Mohsin Razaq

80CCD(1) - Employee contribution towards NPS...
If one has already used the 150000 limit under PPF category can the contribution by employee be entered under 80CCD(1B) instead of 80CCD(1) and claim additional tax relief to the tune of Rs 5000 on 50000 amount claimed under NPS contribution of employee.
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Amlan Dutta
yes, as per my interpretation , one surely can use 80 CCD(1B) for ones own contribution( employee contribution)...it is totally to the choice of the individual whether to use 80 C or 80 CCD(1B)
  • August 17, 2018
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PARTHA SARATHI MAJEE
Yes absolutely right one of my friend already got the refund by claiming in same circuimstance
  • August 17, 2018
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Gian Naorem

80CCD(2) - Employer contribution towards NPS...
Sir , can I claim employer contribution towards NPS even if my deduction in 80c does not reach 150000???
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Amlan Dutta
Yes and under 80ccd (2)
  • August 9, 2018
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Hemen

80D - Health Insurance premium...
Dear Amlan
Recently I have noticed that in ITR-1 , u/s 80 D is divided into 3 parts out of which premium and preventive health checkup part I know about it. But I have no idea about medical expenditure part. Means condition, limit etc. would you please give a little bit knowledge about it. thanking y...
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Amlan Dutta
That is in addition to medical insurance and limit is 5000 rs for expenses towards preventive medical checkup
  • August 1, 2018
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Bhupendra Singh

80CCD(2) - Employer contribution towards NPS...
Subject: Regarding NPS contribution by the employer

Dear Amlan Ji
I am fortunate to see your videos regarding filing of ITR and I must say that you are doing a noble voluntary work. Thanks for all such efforts.

I have a small query: (Will keep it simple in few lines)

(1) I am a Govt. Employee and along ...
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Amlan Dutta
Income is put under relevant head only ...you cannot show stock gains in House property or business gains under salary ...if you do so charging section itself shall fail and return deemed useless ..there is no way pension qualifies for income from other sources.

Pension i.e (Employer contribution tow...
  • July 31, 2018
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Bhupendra Singh
Dear Amlan Ji

Thanks for your prompt reply. However my query is little bit different. I forgot to attach the image last time. Please find it so that my confusion would be more clear to you as well:

Actually my employer contribution does not reflect in my monthly salary. Moreover in Form 16 (A&B) and a...
Dear Amlan Ji<br /><br />Thanks for your prompt reply. However my query is little bit different. I forgot to attach the image last time. Please find it so that my confusion would be more clear to you as well:<br /><br />Actually my employer contribution does not reflect in my monthly salary. Moreover in Form 16 (A&B) and as well as in 26AS also, it does not get added to make the gross salary (first head of ITR form). However, in Form 16B you can see that the office mentions it (the employer contribution to NPS) for the first time (No. 7: Any other income reported by employee [c] TIER-I, Inst. Const.) then they add it there in the head GROSS TOTAL INCOME.<br /><br />Now my confusion is, while filing ITR, where should I mention it because there is no option like this (refer to the attached image). I doubt whether I should show it as income from other sources. I seriously need your guidance on this. I am open for other informations, if required.<br /><br /><br />Thanks and regards<br />Bhupendra
  • August 2, 2018
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