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Arnab Datta

Refer my form 16, where employer has exempted U/s 17 the Medical Reimbursement (This amount is- the medical bills I have submitted to employer.). Where I will put this Rs 3318 in the ITR 2 'Schedule S'. Refer my Schedule S- details of salary also which is enclosed with this question, which I have fi...
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Amlan Dutta
It is correctly represented by your employer and you will this in exempt income reporting section under "Any other" field mentioning in description the nature of exempt income i.e medical reimbursement and the section under which it is exempt 17(2).......check attached pic
It is correctly represented by your employer and you will this in exempt income reporting section under "Any other" field mentioning in description the nature of exempt income i.e medical reimbursement and the section under which it is exempt 17(2).......check attached picIt is correctly represented by your employer and you will this in exempt income reporting section under "Any other" field mentioning in description the nature of exempt income i.e medical reimbursement and the section under which it is exempt 17(2).......check attached picIt is correctly represented by your employer and you will this in exempt income reporting section under "Any other" field mentioning in description the nature of exempt income i.e medical reimbursement and the section under which it is exempt 17(2).......check attached pic
  • August 2, 2018
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Arnab Datta
In Schedule S (SALARY) of ITR 2 you have shown the Medical Reimbursement amount of U/s 17(2) - under allowance U/s 10 area (i.e any other allowances) . But during filing return ,I filled this amount (Rs 3318) in Sl No 3 (Value of perquisites area) of Schedule S (SALARY) of ITR 2[Please refer my ITR...
  • August 2, 2018
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Ramesh Kumar

How do I mention following thing in ITR-2 of excel utility?
1. Exempt Income of interest for saving account below 1000
2. Dividend of Rs 5000
3. Rs 9963 of interest earned(in 17-18) from tax saver deposit started in 2012
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Amlan Dutta
1. Exempt Income of interest for saving account below 1000
It is not exempt ...say figure is 1000 Rs , you will show it under income from other sources and claim deduction benefit under
80 TTA for lower of 10000 rs or saving interest

2. Dividend of Rs 5000
In exempt income schedule

3. Rs 9963 of interes...
1. Exempt Income of interest for saving account below 1000<br />It is not exempt ...say figure is 1000 Rs , you will show it under income from other sources and claim deduction benefit under <br />80 TTA for lower of 10000 rs or saving interest<br /><br />2. Dividend of Rs 5000<br />In exempt income schedule<br /><br />3. Rs 9963 of interest earned(in 17-18) from tax saver deposit started in 2012<br />This refers to FD interest income - again totally taxable without any deduction benefit <br />So you will put in income from other sources 1000 + 9963 = 10963 Rs1. Exempt Income of interest for saving account below 1000<br />It is not exempt ...say figure is 1000 Rs , you will show it under income from other sources and claim deduction benefit under <br />80 TTA for lower of 10000 rs or saving interest<br /><br />2. Dividend of Rs 5000<br />In exempt income schedule<br /><br />3. Rs 9963 of interest earned(in 17-18) from tax saver deposit started in 2012<br />This refers to FD interest income - again totally taxable without any deduction benefit <br />So you will put in income from other sources 1000 + 9963 = 10963 Rs1. Exempt Income of interest for saving account below 1000<br />It is not exempt ...say figure is 1000 Rs , you will show it under income from other sources and claim deduction benefit under <br />80 TTA for lower of 10000 rs or saving interest<br /><br />2. Dividend of Rs 5000<br />In exempt income schedule<br /><br />3. Rs 9963 of interest earned(in 17-18) from tax saver deposit started in 2012<br />This refers to FD interest income - again totally taxable without any deduction benefit <br />So you will put in income from other sources 1000 + 9963 = 10963 Rs
  • August 1, 2018
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Arjun singh

How to take Interest TDS credit in ITR 2...
SIR the TDS deducted year is not show in the AY2018-19 ITR3 FORM.
then if i Calculate my TAX it will some error.
the attachments are;
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Arjun singh
thank you sir.
  • July 26, 2018
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Arjun singh
But Sir ye Sheet TI-TTI me bhi error aata hai and XML file generate nhi ho paa rha hai
  • July 26, 2018
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Mahendrakumar Kolhe

Dear Amlan,
How to fill ITR 2 schedule AL - for the movable and immovable property. for Salaried income 60 lacs?
Do we need to create P&L and balance sheet for this from CA? I tried searching your tutorial for this but could not find it.
Please help out
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Amlan Dutta
What is your total income i.e gross total income - savings ...if it is more than 50 lakhs , then you will need to fill the asset liability schedule ....you can consult a CA to make one for you ...i won't be getting time for doing it any time soon
  • July 22, 2018
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Mahendrakumar Kolhe

Dear Amlan,

I have 2 home loans for which I filled ITR 2 for AY 2018-19. Interest on borrowed capital (house 1 158000, house 2 112000) total is above 2 lacs. In ITR 2 its showing loss carry forward 70,000. My doubt - for next year can i take benefit of this if my combined interest on borrowed capita...
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Amlan Dutta
For FY 2017 18 , house loan benefit until 2 lakhs is allowed and rest is carried forward to be adjusted against same head (i.e house property next year) ...surely you can claim benefit , but through bought forward loss ...so say you have house property income of -1.2 lakhs , this will also get clubb...
  • July 17, 2018
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BIBEK

ITR 2...
Where to mention land property in ITR2 just for reporting purpose?
The Schedule AL (assets & liabilities) sheet in ITR2 seems to be for those whose income exceeds 50 lakhs which is not my case. Then where to mention the land plot in ITR2?
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BIBEK
Thanks for prompt reply. Just for reporting but since income doesn't exceeds 50 lakhs so I think I need not.
  • July 15, 2018
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Amlan Dutta
If this information helped you .please share the site with friends , family and colleagues deriving more participation . More participation means more cases and more cases man more knowledge transfer . Also, please refer the video answer option to check relevant videos for the answers ...we are wor...
  • July 16, 2018
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Amit kumar arora

Sir, i have downloaded itr2 ay 2018-19 excel utility from 07 july 2018 to 15 july 2018 a no. of times . Latest on 15/07/18 . I have filled itr and xml is also generated .But at the time of uploading xml a message displays:
INVALID XML .PLEASE GENERATE XML AGAIN USING LATEST UTILITY.
this message appea...
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Amlan Dutta
Try filling Up Java utility and use pre-fill to save time
  • July 15, 2018
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Amit kumar arora
Sir i donot know anything about java . Please suggest me a method to fill itr2 using excel utility
  • July 15, 2018
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sagar dipak parab

How to take Interest TDS credit in ITR 2...
sir
I downloaded ITR 2 excel utility Assessment year 2018-19.
In TDS segment, Other than salary TDS , column no 5 showing year 2016 & below (financial year in which TDS deducted)
Actually TDS deducted in 2017-18 year

What to do Please guide
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Amlan Dutta
Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years bought forward . ( not previous year 2017 )..
Column 7 is for TDS for current year( implying previous year 2017 ) ..Fil...
Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years  bought forward . ( not previous year  2017 )..                                                                                        <br />    Column 7 is for TDS for current year( implying previous year 2017 ) ..Fill your TDS figures appearing in 26AS  here and more importantly don't forget to claim it in your own hands in  column 9 else deducted TDS simply doesn't translate into tax credit unless you claim it.Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years  bought forward . ( not previous year  2017 )..                                                                                        <br />    Column 7 is for TDS for current year( implying previous year 2017 ) ..Fill your TDS figures appearing in 26AS  here and more importantly don't forget to claim it in your own hands in  column 9 else deducted TDS simply doesn't translate into tax credit unless you claim it.
  • July 14, 2018
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sagar dipak parab
Thank you very much
  • July 21, 2018
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DEEPAK KUMAR

How to take Interest TDS credit in ITR 2...
Hi Sir,
I moved from India in June-2017 and my taxable income is ~1.75 Lakhs. I have a home loan and I am paying interest ~2.0 Lakhs. When I enter the details of load interest in B2(V): "Interest payable on borrowed capital" then system shows pop-up " To avail the benefit of carry and set off of los...
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AYUSH
Hello Deepak as per ay 18-19 the nri cannot file itr1,. And moreover if you want to file itr of loss of return you have to choose itr2 for that will be appropriate
  • July 9, 2018
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Amlan Dutta
There is nothing very difficult in ITR 2 ...it is same concept of return filing , just that you shall fill up income schedules that apply to your scope of taxable income i.e salary and House property schedules ....

what i see happens in your case is that some portion of unadjusted income from House ...
  • July 9, 2018
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Jagruti Patil

How to take Interest TDS credit in ITR 2...
Dear Amlan Sir,

Thank you very much for preparing great Video and solving our queries.

I have one query regarding TDS2 part of ITR2 for AY 2018-19 .
I have fill following information but not sure it is correct or not (confusion is because this year new structure introduced as TDS credit in the na...
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   likes this.
Jagruti Patil
Thank you very much sir for explaining so much details.
  • June 27, 2018
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Amlan Dutta
Please be careful to select question category properly to avoid your entry getting deleted from my website
Until you select category properly, i will also not be answering any further questions
  • July 8, 2018
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