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PARTHA SARATHI MAJEE

e Grievance ( e Nivaran)...
Dear amlan,
One of my friend has submitted his original return after few days he came to know that he made some mistake so he revised his return with accurate data till then his original return was not processed. He e verified his revised return on 13 th of Aug & e verification w...
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Amlan Dutta
Yes he can submit request for processing of revised return ......
  • September 8, 2018
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Santanu

Tax site related issues...
Amlan sir , my friend trying so many time for reset efiling password. But he failed due to previously registered mail id and mobile no are not in his control.also his pan is not linked to adhar and his bank account also not matching and he has only one bank account .resetting password by tax deducte...
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Amlan Dutta
Make him register using nebanking and as far as resetting password is concerned use aadhar otp/ log in through netbanking and change the password
  • September 8, 2018
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BRIJESH KUMAR SHUKLA

Intimation Notice under 143(1)a...
If we have received an intimation u/s 143(1) and returned is filled after due date how we would able to answer of income tax notice for the outstanding demand is showing our portal?
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Amlan Dutta
If demand is correct pay it using challan .... once paid you are required to do nothing ...you can submit a copy of the challan receipt to the ward circle office ....if demand wrong raise rectification
  • September 9, 2018
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Santanu

Rectification u/s 154...
Amlan sir my return for assessment year 2017-18 has been processed . Refund also credited but now I want to rectify it because of I forgot to took credit of 80CCD2 advantage .pls help sir .
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Amlan Dutta
Seek rectification of processed return , there is less chance that it shall be accepted but try doing it ...select rectification option of taxpayer and select option for taxpayer correcting data and upload rectified xml ...i think rectification has not loaded so far for AY 2018 19 and so there is le...
  • September 7, 2018
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Jitendra B

Dear Amlan, ITR2 and ITR3 forms have been revised once again where now PF withdrawal details in Schedule OS need to be provided. It will be good if you can create a online video tutorial on how to fill such PF details. In ITR excel only three fields are given in the PF section, AY, Income Benefit an...
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Jitendra B
Tax on PF withdrawal before 5 yrs service can be broken into three parts:

1. Total contribution by the employer plus interest (not taxed earlier) will be taxed under the head 'profits in lieu of salary'.

2. You will be taxed on the amount of tax benefit claimed for your contribution of EPF.

3. Interest...
  • September 9, 2018
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Jitendra B
This is quite complex, where to enter such values
  • September 9, 2018
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RAVIKUMAR JENTIBHAI NAGAR

Good morning sir,
As a share market trader can I take benefit as a expense show below image
In this image 6 changes mentioned can I show all changes as a expense in my ITR 3 return form
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Amlan Dutta
Delivery based trading shall be offered as capital gain whereas speculative shall be offered as business...for delivery, you can add brokerage in permissible expenses ..whereas for business expense, you can show STT as a eligible expense ..rest cannot be shown as expense ...i wont be able to do tuto...
  • September 7, 2018
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Jitendra B
In Capital Gains while calculating for equity shares and equity MFs, I have read somewhere that STT cannot be considered as deductible item.


Read more at:
//economictimes.indiatimes.com/articleshow/54790989.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  • September 7, 2018
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Dalip singh

Schedule IT (Taking credit of taxes paid)...
Dear sir
I have filled itr before 31st Aug 2018. In this ITR I had submit e-tax 4000 through net banking. I have not knowledge of fill a tax detail while filling itr. After watching your video I come to know my mistake. Now I want to rectify it. How I rectify itr after submit and what are the chang...
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Amlan Dutta
Click on answer options - video for this answer to check tutorial.

Steps for correcting the return for taking credit of e paid taxes not shown in return

Check in tax filing status whether your return has been processed or not ...if not processed , you can revise return using section 139(5) and clai...
  • September 6, 2018
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Umakanta Saboot

Interest TDS (U/s 194 A) (10%)...
Thank you very much Amlaan ji for ur kind support. I have attached here our previous chat screen shot. Continuation to that- Regarding ur response: (AY2017_18 Though I’m nt agreed with d entire demanded amount but I have paid the demand recently and willing for the refund of my extra tds deducted...
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Amlan Dutta
Once return is processed, revision ( Under section 139(5) is no longer a option

( Revision can be only done till one year from the end year of the assessment year or processing of return , whichever is earlier) ...here since return is processed, section 139(5) cannot be used any more

I really can't...
  • September 5, 2018
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Jitendra B
Another option is to make a condonation request on paper to the AO & Commission of Income Tax to allow you to file a revised return. Its a lengthy process and a visit to the AO office where your PAN is attached is required.
  • September 7, 2018
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Ganapathy Subramanian

ON Aug 31st 2018, I tired to register my parents PAN to do a e-filing for them. I was not aware that they are in taxable slab til then. Unfortunately Incometaxindiaefiing->Registration page did not load over the whole day. I have screen shots taken at 2 PM and 11:50 PM on Aug 31st showing the web pa...
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Amlan Dutta
No, it is not possible to get late( Under Section 234 F) fee waived off ...the screenshots of server issue etc will also not hold any value ......if return for AY 2018 19 is filed after declared due date i.e 31st August 2018, then the late fee as applicable under section 234 F shall compulsori...
  • September 5, 2018
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SANDEEP SHARMA

Processing of returns...
Sir

I saw your most of videos and subscriber of your channel. I need your help in my mother return matter.

My mother served govt deptt. For 35 years And retired from duties in july 2018.

She received arrears of Rs.12 lakh for ay 2017-18, i filed 10e and return in june 2017 and revised return in jan 201...
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Amlan Dutta
If grievance has been raised and it says that the case has been forwarded to assessing officer, you are required to wait and if after 7 days same status raise grievance addressed to assessing officer under head processing not completed ......check attached picture .....rest for CA mistake, you were...
If grievance has been raised and it says that the case has been forwarded to assessing officer, you are required to wait and if after 7 days same status raise grievance addressed to assessing officer  under head processing not completed ......check attached picture .....rest for CA mistake, you were required to  revise the return ...now there is no option but to apply for rectification .....
  • September 5, 2018
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RAVIKUMAR JENTIBHAI NAGAR

Hello sir,
In ITR 3 when I get short term capital gain which tax I pay 15% or as per slab ?
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Amlan Dutta
STCG (Short term capital gains on equity ) is specified income and shall be taxed at 15% ....It does not attract slab based taxation , though it gets adjusted for minimum threshold level and if total income falls below threshold level, there shall be no taxable liability ...example say one has on...
  • September 5, 2018
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Hemen

TESTIMONIALS...
Dear Amlan,
You are making every possible video of our questions/doubts to clear our concept. and these live sessions helps a lot always to understand the things. Thank you, Amlan for your effort.
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Amlan Dutta
Thank you
  • September 5, 2018
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