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Santanu

TDS Credit...
Sir, my friend working in railways . He has a of 8100 as per form 16 but in 26AS there is no tds . He filed itr as per form 16 but income tax department send an intimation 143 states that he has to pay 2563 rupees instead of 5500 rupees refund . Please help sir
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Amlan Dutta
Take up with deductor so that the deducted TDS appears in tax credit statement ...until then you cannot claim credit in ITR ......have made enough tutorials on this on my channel and what to do if deductor doesn't listen , won't waste my time explaining further!
  • September 28, 2018
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Mrudula

How to pay advance tax...
This year my other income is coming around 100000 in various Bank FD and RDs and NSC (45000 in interest) Do I have to pay advance tax even though I am salaried because I have not declared them to my employer.? How do I pay advance tax?
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Amlan Dutta
If total tax liability is 10000 Rs more, then you are liable to pay advance tax ...In your case, first figure out whether the taxable liability shall exceed 10,000 rs . If yes , then pay advance tax using challan 280...check video tab on how to pay advance tax
  • September 13, 2018
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SHRINATH

Deducted TDS not appearing in form 26 as...
Hi amlan ji, first of all I salute you for valuable efforts in making knowledge for free, I have MOD deposits with SBI with Monthly Payout, where I have submitted Form 15G with the bank but the bank still deducting TDS at Regular Payouts and when I have checked Form 26AS redirected with SBI site the...
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Amlan Dutta
Which year are you referring to ...they appear to be real fools to be deducting TDS since they aren't supposed to once form 15 G( certificate for lower TDS certificate) has been submitted ....but anyways , like you rightly observe they haven't deposited the TDS and filed TDS returns so far and ther...
  • September 4, 2018
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Suman Mandal

Sir
amar ei message ta eseche. eta ki ? ete ki bhoyer kichu ache?
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Amlan Dutta
It means that wherever you are working , the employer has deducted and deposited no TDS ...i.e you have so far for FY 2018 19 no TDS credit ... say tommorrow , you have a tax liability of say 10,000 rs , then you can use available TDS credit to meet the tax liability ...at present however it appears...
  • September 2, 2018
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Suman Mandal
Thank you sir.
  • September 2, 2018
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AMOL RINDHE

How to pay demand tax...
Hi Sir,

how to submit copy of challan to assessing officer, means any address or online?
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Amlan Dutta
You can check your assessing officer details online , you can mail him a copy and send by speed post to his office as well ...if it is in your city , hand it personally to his office and get a stamped acknowledgement of the receipt
  • August 22, 2018
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AMOL RINDHE

How to pay demand tax...
after paying demand tax online, do we need to send challan to anywhere? or challan is just for our reference.
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Amlan Dutta
No, you don't need to submit challan anywhere ...under pending actions in dashboard if it still reflects demand, then you can disagree to the demand and produce details of taxes paid through challan ...Under indian system , it would be good , if you can submit a copy of the challan to your assessing...
  • August 21, 2018
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Prashant Kumar

HOW TO MAKE TAX PAYMENT...
Hi Amlan,

My income tax return has be processed and I received intimation U/S 143(1) today.

I see 2 difference in what I filed vs what was assessed by Income tax officer.
1. 234C INTEREST - Difference of around Rs. 7 (Payable)
2. NET AMOUNT PAYABLE is Rs 10

My question is how do I pay this net amount. Is...
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Amlan Dutta
Check video tab for this answer to see how you will be paying demand tax using challan 280 ...there is no need to update ITR ...ITR is only for advance tax and self assessment tax. It is not for regular assessment tax
  • August 16, 2018
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AMOL RINDHE

How to pay demand tax...
Can you please explain next steps after generating Challan for OUTSTANDING DEMAND TAX. How we have to send to officer and apply it online.
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Amlan Dutta
There is nothing for applying online ...just paying demand tax is enough ....you can also see it reflect in your 26 as ...in case it appears as pending action in dashboard , just close it by saying that the demand has been met by payment through challan
  • August 15, 2018
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AMOL RINDHE
do we need to send challan to any where? or challan is just for our reference.
  • August 18, 2018
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hanif

TDS Credit...
Dear amlan, a friend's wife tds for ay 2019-20 was deducted from april 18 to june 18 and it is reflecting in 26AS.(for FD).my friend did not remember to provide the bank with 15g from and therefore the tds was deducted.now the bank says to submit 15g to avoid tds deductions for the upcoming quarters...
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Amlan Dutta
Why should she not file return for AY 2019 20...it is better to file return and claim refund of already deducted TDS ( assuming that the income is below threshold level)...in such cases where more TDS is deducted than the tax liability assessee is expected to file return and claim TDS refund .....
  • August 1, 2018
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MOLOY BORA

How to pay self assessment tax...
Sir,
I paid my father etax thru sbi netbanking of Rs.830/- (self assessment). But the amount is deducted two times from my bank A/C and two different challan no.. I already submit ITR-1. Now what i will do for return. I show only one challan no against 830/-. Netbanking is myself.
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Amlan Dutta
You shall have to revise return and claim credit of the entire taxes paid under schedule IT (If due was 100 and you paid it twice , claim 200 Rs putting in proper details of challan)...return will accordingly compute refund ...
  • July 31, 2018
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Ankit shakya

Deducted TDS not appearing in form 26 as...
Hello sir,
bank deducted TDS on my FDs but not reflected in 26 AS what should I do while FD interest is below 10000rs
Plz help how to refund my TDS
Thanks
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Amlan Dutta
Take up with bank for revising TDS returns so that deducted TDS starts appearing in your tax credit statement.....Until TDS deducted deposited doesn't reflect in 26as , you cannot take credit of the same in the tax return.....
  • August 1, 2018
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ELANGO

How to pay self assessment tax...
Can one pay self-assessment tax using others Debit card / Net Banking?
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Amlan Dutta
Yes, one can pay self assessment tax using others netbanking as well ,,,while filling challan 280 , you have to fill in correct PAN details ...the PAN holder will get the credit of the self assessment tax paid using netbanking through challan ( whosoever netbanking credentials it may be)
  • July 26, 2018
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