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Ramarao

Clarification over income head...
My mother is senior citizen and getting family pension from two govt organization ( one defence) and her salary contains only (basic +DA) in both family pension. Do we need to sum up both salary which includes Basic + DA into. ITR 1. Salary head or any other head. She also gets interest from Fixe...
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Govind Singh Bhandari

Clarification over income head...
Sir main ek company mai apni car contract base pr chla raha hu, meri sari payment digital hoti hain, or mujhe from-16 part-A issue hua hai to sir mai ITR-4 k kon se section mai ITR file kru. mera TDS 194C k under kata hai.
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Amlan Dutta
It is contract income wherein TDS is deducted @ 1%. Hence, the income you are earning will come under the head PGBP ( Business) and accordingly ITR 3/4 is required to be filed depending on whether the income is offered on actual /presumptive basis. You can check TDS credit in form 26 as and accordi...
  • July 26, 2018
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Govind Singh Bhandari
sir what to select in nature of business. "11001- Travel agency or tour operators" or any other.Sir my all payments by digital mode (by Check) then may be i will be under 6% of presumptive income.
  • July 26, 2018
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Nanda Balani

Clarification over income head...
I just want to confirm....
In itr1 All arrears and bonus are to be shown under Salary... Right???
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Amlan Dutta
Arrears basic portion under salary and arrears non basic portion under non exempt allowances ....bonus , if shown separately then to be shown under profits in lieu of salary ...otherwise showing it under non exempt allowances shall also do.......
  • July 26, 2018
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SUJAN SINGH

Clarification over income head...
Dear sir I want to know about whether disability pension paid to army person is taxable or not.......

If exempted then where to show in ITR.....
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Amlan Dutta
It is totally exempt and you can show it under exempt income reporting section using any other field and depict it as per the attached picture

Note - CBDT has given clarifications that disability pension received by armed forces is exempt from tax. Via Instruction No 136F.No. 34/3/68-IT(AI),dated the...
It is totally exempt and you can show it under exempt income reporting section using any other field and depict it as per the attached picture<br /><br />Note - CBDT has given clarifications that disability pension received by armed forces is exempt from tax. Via Instruction No 136F.No. 34/3/68-IT(AI),dated the 14th Jan 1970, CBDT said that entire disability pension paid to officers of the Indian Army shall be exempt from tax.<br /><br />Disability pension may sometimes comprise of a disability element as well as a service element; the department has clarified both such components are exempt from tax. (via F. No. 200/51/00-ITA-1 dt. 02.7.2001)<br /><br />Also, no TDS should be deducted on disability pension paid to pensioners of the armed forces
  • July 24, 2018
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Sibin

Clarification over income head...
While declaring my admob/adsense income under head 'Income from other sources' of ITR 2, is it possible to claim expenses like Internet bill, postpaid bill, online course fee etc?
If yes can I claim full bill amount?
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Sibin

Clarification over income head...
Dear Amlan sir, Hats off to you for making this website. I am new here. Could you please answer my below question.

I am salaried and comes under 20% slab. Company has given me form 16. But I have a small extra income from displaying ads in my android app(Admob/Adsense). It is Rs. 25000 for FY 2017-....
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Amlan Dutta
Well, since there is some confusion regarding using presumptive business sections for showing adsense income and lack of department guidelines over this , i will advise that you avoid using ITR 4 at present to show adsense income as presumptive business income ....Rather i will advise that since ...
  • July 17, 2018
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Mihir

Clarification over income head...
Hi, as a assistant professor, i got money from university for exam copies evaluation & also for supervision in exam.so In ITR 2 where to show it? In Income from other sources of ITR2, In which sub section i should show it? & one more question In 2014 I have purchased 5yrs NSC & i have not claimed de...
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Amlan Dutta
If this is not a regular source of income , you can show it under other sources
  • July 7, 2018
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Rupesh Kadam

Clarification over income head...
Hello Amlan Ji,
Thanks for your informative sessions on ITR filing for last many years. Request you to guide on ITR 2 filing for short term & long term capital gain from mutual fund for AY 2018-19. Till last year i used to file ITR1, but this year I have to file ITR2 due to STCG & LTCG from mutual ...
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Amlan Dutta
Yes, this time onwards , you are required to convert filled return utility ( excel /java) to xml first and and then upload it to portal in order to generate acknowledgement ...it is a simple process .....

Here is how you do it ...i made a recent video for it , i am unable to find the link , but is ...
Yes, this time onwards , you are required to convert  filled return utility ( excel /java) to xml first and  and then upload it to portal in order to generate acknowledgement ...it is a simple process .....<br /><br />Here is how you do it ...i made a recent video for it , i am unable to find the link , but is hall shortly remake it ...here is a old video link - https://www.youtube.com/watch?v=giR2uY4EVwU                                                                      <br /><br />Just ensure that you save the return utility in some folder ...when you use the generate xml widget in excel /save xml in java , the xml file gets saved in this same folder which you can then easily track and later use it for uploading in the return website <br /><br />I will make a video on STCG and LTCG from mutual funds ( equity and debt both ...advise you to subscribe to the channel so that you get alerts when i make it for you...
  • July 3, 2018
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Arun Mishra

Clarification over income head...
Dear Sir
I have Income from interest on FDRs & SB and one time honorarium for checking answer books in one institutional examination. As advised by you earlier, I want to file ITR-1 and show both the aforesaid income as Income from Other sources (IFOS). But, in ITR-1, I find only one row “B-3”. ...
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Amlan Dutta
I thought i already answered this , you will club the income from both and offer it under income from other sources.....
  • June 30, 2018
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Arun Mishra

Clarification over income head...
I have pension from a PSB and interest on FDRs & SB a/cs. I have three questions as under:

(1) During FY 2017-18, I received one time honorarium for being an examiner to evaluate the answer books of an examination conducted by an accounting institution. On this honorarium, TDS is deducted u/s 194J. ...
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Amlan Dutta
1.)The income received by evaluating the answer books of an examination can either be treated as Income from Other Sources or professional income ...In this case better to treat as income from other sources and file ITR 1
If it is treated as Income from Other Sources - you can simply file ITR 1
If i...
1.)The income received by evaluating the answer books of an examination can either be treated as  Income from Other Sources or professional income ...In this case better to treat as income from other sources and file ITR 1 <br />If it is treated as Income from Other Sources - you can simply file ITR 1<br />If it is treated as Income from profession  - you would be required to file ITR 3                                                                                                                  <br />                                                                                                                                      <br />2.) Yes you can do it, check attached picture for the same on where you need  to show it in ITR                                                                                                                                  <br />                                                                                                                                      <br />3.) If you are using the quickfiling utility online, it gets filled automatically , but sometimes , it doesn't prefill correctly ...you may edit to fill correct figures .....
  • June 27, 2018
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PANKAJ SHUKLA

Clarification over income head...
Dear Sir,
In my salary SBI account there is auto sweep facility. Here is some of the amount is auto transfered in this account (sweep account) and interest is credited. My question is that interest on sweep account is taxable or not? How and where to show saving account interest and sw...
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  and  like this.
Amlan Dutta
This is treated as saving interest ( taxable)income iand to be shown in income from other sources ( infact remember that any taxable interest income is always to be offered as income under head ' income from other sources only '.....
  • May 17, 2018
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