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Priya

REVISION AND RECTIFICATION...
Hi Amlan, I have seen most of your ITR videos but had two peculier queries:
1) One employer had deducted TDS in FY 2017-18 but it did not reflect in 26AS till i filed ITR for that year and so i did not claim it. Now the TDS is reflecting there but the ITR is also processed with 143(1). To claim add...
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Amlan Dutta
You can claim all tax credit by one deductor combinedly against one TAN rather than showing separate entries of TDS...Your tax credit will be considered...(Showing separate entries is absolutely not advisable)...Just remember not to combine entries of different deductors having different TAN ....al...
  • October 15, 2018
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CHANDAN PANDA

Contract TDS u/s 194 C (1%)...
Whether the Circular No-01/2014,dt-13/01/2014 and 23/2017,dt-19/07/2017 issued by the CBDT are also related/applicable to section 194C of the Income Tax Act or not.
A contradiction is arising between the IT Act and these Circulars in GST regime as follows ----
Section 194C (3)(ii) of IT Act says
------...
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Amlan Dutta
My opinion - The circular 23/2017 shall have to be referred in addition to the Section 194C(3)(II) for seeking guidance on treatment of TDS ( not just in contract but any other cases ( profession etc where GST component is involved and TDS has to be deducted) .... the circular makes it very cle...
  • October 14, 2018
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Shashank Yadav

Sir I file my revised Itr 1 for AY 2017-18 with Form 10E for rebate u/s 89. But sir during filing itr in form 10E I fill wrong Assesment year . I filled it AY 2016-17 .
So rebate is not count with itr and cpc sent me a demand notice u/s 143(1).
Sir how can I handle this notice .
What can I do sir
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Amlan Dutta
You will simply correct the form 10 E again correctly and thereafter submit rectification request using option - Reprocess the case....the same ITR shall get processed again considering the latest form 10 E submitted ....select category correctly next time else the query shall be deleted from the si...
  • October 14, 2018
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Shashank Yadav
Thank U. Sorry sir nxt time select correct catagory....Sir one more query. That when a itr revised. And when it s rectify can't make difference between both.
  • October 14, 2018
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Nitin jain

Demand under section 143(1)a...
Hi Amlan,

I have see your almost all video related to ITR but didnt find my solution. I have got demand notice from income tax when i checked my itr and i see that i filled 1 wrong option so i need to correct this but my due date for for revised itr against demand notice is crossed so let me know how...
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Amlan Dutta
You can submit rectification request under option"taxpayer correcting data" and then submit rectified xml ...in the demand appearing in site , disagree with the option" rectification raised "...this is just my opinion and may/may not work depending on how your assessing officer perceives the case .....
You can submit rectification request under option"taxpayer correcting data" and then submit rectified xml ...in the demand appearing in site , disagree with the option" rectification raised "...this is just my opinion and may/may not work depending on how your assessing officer perceives the case ...<br /><br />i need no further information.
  • October 13, 2018
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Dilip dwivedi

Intimation Notice under 143(1)a...
Hi...amlan sir
Gd evening...
I'm already inform u that i have got demond intimation for AY2018-19 rs 3790 but I filled revise itr instead of pay demonds with refund of rs 4120. Then I have got second demond notice 143(1)of rs 60..and according to u I have pay direct tax by choose epay tax option bec...
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Amlan Dutta
1.) Not sure why the incorrect demand reflects in your worklist, you can disagree to demand selecting proper option and raise a e grievance to get it removed

2.) The demand taxes paid will appear in your tax credit statement o.e 26 AS after a few weeks

3.) We submit rectification request when we f...
  • October 12, 2018
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Pooja Gupta

Computation of advance tax...
Hi Amlan! Saw your work on Youtube and Facebook today about making Knowledge free and am really impressed with your endeavours.

Could you please help in below case as we are not able to get any relevant information online or offline. Even Govt of India's income tax website doesn't give requisite inf...
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Amlan Dutta
1.) If he registers as business , he might be able to take benefit of presumptive sections 44AD ...If he decides to continue as profession, then same benefit may not be available ( unless it is a specified profession) ...Without much information on the type of work he does, i can't comment on whethe...
  • October 12, 2018
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Amlan Dutta
1.) The services offered can fall under technical consultancy and so benefit of section 44ADA can apply treating as profession and applying presumptive taxation on 50 % of receipts

2.) For ELIGIBLE BUSINESSES , it is at 8 % using section 44AD ------ for eligible PROFESSIONS , it is at 50% using se...
  • Yesterday, 7:40 am
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G N Sah

Intimation Notice under 143(1)a...
I filled Income Tax for AY 18-19 and have got notice 143(1)a. I had arrears in my income for which i filled 10E form. But IT department has not considered 89(1) relief and they have asked me to pay more tax. I have enclosed 10E form and intimation notice 143(1) for your reference.
Plz suggest how to...
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G N Sah
Dear Amlan,

To reply for the demand notice, which option I should select now from the list (snapshot already attached earlier).

Kindly suggest.
Thanks
Dear Amlan,<br /><br />To reply for the demand notice, which option I should select now from the list (snapshot already attached earlier).<br /><br />Kindly suggest.<br />Thanks
  • October 13, 2018
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Amlan Dutta
After you submit rectification , what should be the option be - obviously rectification filed with AO ...if i have to type every thing , same questions will flood my site even after years of work ...until the thinking process is set right i wont be able to keep answering ...here , the logic is simpl...
  • October 13, 2018
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Kumar

INCOME TAX...
Dear Amlan,

Few days ago I asked a few questions, to which you provided replies. Thank you very much for that. Unfortunately I still have a few queries, but when I try to post my queries by clicking "Reply" to your answer, I get the following:

{"error":"Not a valid link. Unable to find a title."}

He...
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   likes this.
Amlan Dutta
1.) haven't seen the fields for proposal for adjustment for unclaimed HRA and so won't be able to comment ...But , i am sure there shall be fields for putting in justification for claiming benefits from unconsidered HRA and you need to select them accordingly....all this is assuming that there was p...
  • October 10, 2018
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Vikas Kumar

Difference in salary figures in form 16 and 26 as...
hi sir...
I have a query relating to ay 2018-19 to which I have already filed my return before due date.
my father is a salried Person so he get Form 16 ( Part a and Part b ) every year.

In the return I have furnished the total income which is shown in Form 16 (part a) which is same to the amount....
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Amlan Dutta
Your employer has filed TDS return incorrectly ...your income should have been 1102150 Rs only ...you must revise return to show this correct figure...You can take up with employer to get the TDS return corrected ............
  • October 10, 2018
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Jalda Srinivas Rao

How to compute income from house property...
Hi.. I own a property in Hyderabad and paid property tax. Now where i need to show the property tax. My parents stay there and I stay in other city in a rented flat. Please mention where i need to show the Rent paid and property tax.
Thanks
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Amlan Dutta
If it is being offered as self occupied , then there is no way to show this...if it is shown as let out property then the net annual value is derived at after subtracting from annual rent the property tax ...The ITR 2 in the income from house property schedule for let out property has the clear opti...
  • October 9, 2018
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SASWAJEET ROUT

Property TDS( U/s 194 IA)...
Sir, In last FY while depositing TDS against purchase of a flat, i had wrongly deposited TDS amount twice. Excess amount is also showing in my Form 26AS (Part A2) for AY 2018-19. To claim the same, i had mentioned that amount as advance tax paid in my ITR with all details (like challan no., BSR no. ...
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Amlan Dutta
When you deduct TDS , you don't get tax credit , rather the deductee does ...say you have to pay deductor 100 Rs, so you pay him Rs 99 and deduct 1 Rs TDS , this 1 Rs TDS credit is available to the seller of the property ...if you deducted two times i.e did TDS for 2 Rs , then this 2 Rs TDS credit ...
  • October 9, 2018
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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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