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Anonymous

Hi, SBI is sending 10 % of my interest every year to income tax department from my saving plus account. I was unaware about it. Although the interest rate is just few hundred rupees. I was completely unaware, and I was not submitting any return from last two year. My income was zero from last two ye...
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Amlan Dutta
If interest has exceed 10,000 rs only then it can deduct 10% ( else you must be talking of Fixed deposit/term deposit)....in any event , you can file return for FY 2015 16 , FY 2016 17 and claim back refund of TDS provided such figures appear in your tax credit statement (26 as)...take up with SBI a...
  • January 13, 2018
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Anonymous

SIR MUJHE AASSESSMENT YEAR 2017 2018 KA INTIMATION NOTICE AYA HAI JISME KUCHH RS PAY KARNE LIYE BOL RAHA JABKI MAINE ITR FILLED UP KE SAMAY MERE TDS SHOW NAHI KAR RAHA THA AUR MAINE BHULWASH FORM 16 SE TDS FILL UP KIYA THA AB KYA KARU
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Amlan Dutta
Two options
You can rectify intimation order and correct tax credit information (see video ) and claim credit of deducted TDS

Revise return now to show deducted TDS and refile ( this is a better option)
  • January 13, 2018
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Anonymous

Hello Amlan.
I like your videos specially the ones related to ITR filling. Good Job.

I have a query. Please clarify.

Hi had taken a Joint Home Loan (Less than 35 lakhs) along with my house wife which was sanctioned in June 2016 (Eligible for Section 80EE) & Disbursed in the month of November 2016. We ...
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Amlan Dutta
Loan benefits based on ownership ..in this case you are 100% owner even if joint loan taken in wife name.

So , you alone can take loan benefit under any sections ( 24(b)) for interest etc etc.


2.)800 EE - this deduction is in addition to Rs 2 lakhs limit under section 24.
However first ensure that yo...
  • January 13, 2018
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Anonymous

hii, i want to submit my itr 4 form , but i see no deductions in 26 AS ,i have a small firm with screen making works in textile sector, i want to submit my tax returns by myself with balance sheet and p&l (like my c.a. does). How i do this ?P please reply me at indianji001@gmail.com or i will s...
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Amlan Dutta
I cannot spoon feed you on the solution , i will shortly publish a book , you can read and first understand the subject and then gradually try to file your return by yourself . Just asking here and feeling that i will be able to impart all the knowledge in a few lines is foolhardy!
  • January 13, 2018
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HSingh

Hi Amlan. Great videos and service. Thanks. I have a question. I needed to revise my AY 2015-16 ITR and received Notice 142(1) also from AO. I filed it and showed more business losses which also carry forward to next years. Do I have (Should I) revise my AY 16-17 and AY 17-18 returns also if losses ...
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Amlan Dutta
You should have declared the losses in order to carry forward/adjust but now you can't for AY 16 17 because you cannot show losses in a belated return other than house property loss ...Also if you don't carry forward losses in a earlier preceding year , you cannot show bought forward losses in the...
  • January 13, 2018
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Anonymous

SIR I WANT TO KNOW ABOUT SOME FORMS U/S 142(1), U/S 148, U/S 153A, U/S 153C R/W 153A, REVISED U/S. IF YOU MAKE ALREADY ANY VIDEOS WHICH HELP ME SO PLEASE SHARE WITH ME LINK OF THE VIDEO IF NOT SO PLEASE MAKE A VIDEO OR HELP ME ANY EASY WAY. THANKS
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Amlan Dutta
Already made for 142(1) , ...check youtube search along with my name for this ...remaining , shall make but now now
  • January 13, 2018
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Adrian

I am having only long-term capital gains, dividends and some bank interest as income sources. No salary income. Which form should I use to submit IT return ? thx
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Amlan Dutta
Return in which these income heads are available ...ITR 1 fits the bill ....LTCG and dividends can be reported as exempt income and bank interest as other sources
  • January 13, 2018
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Anonymous

can some one tell me , i have paid 45000 Lac Tax between July to Dec 2016 in Ireland and during the same time i Paid around 2 lac tax in india,while applying tax credit under DTAA ,will i be refunded the taxes paid in ireland duing that period or only 2 lac whih i paid in india
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Amlan Dutta
Check DTAA agreement for India Ireland and accordingly claim tax relief under 90/91 (as applicable)..most countries have tax relief under credit mechanism ...check my tutorial on Youtube on how to claim tax credit by credit mechanism
  • January 13, 2018
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Anonymous

I am an NRI and for AY 2016-17 filed ITR 1 online through IT department's website. Now I realized that since I have Capital gains, I should have filed ITR 2 and not ITR 1. Please help me how to rectify this error. I have received a notice under 139(9) recently saying the return filed by me is def...
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Amlan Dutta
Ignore the defective notice and go ahead and file a revised return covering your scope of taxable income
  • January 13, 2018
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Anonymous

sir i get a notice regarding credit bill s of 200000 or more and not non filling of income tax return of F.Y 2014-15 .So tell me how to reply to this notice although i have a income not crossing the threshold limit???. PLEASE RESPOND TO MY QUERY .
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Amlan Dutta
Already made a tutorial in this regard ! Clearly you will head over to the income tax website and go to the compliance section and select return not filed because taxable income below threshold level

Check my youtube tutorial in this regard
  • January 13, 2018
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Anonymous

test
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Siddharth Pharate

Hello All,

Today I got a mail from income tax dept an intimation u/s 143(1).The date of order us 15 Oct 2017 and the pdf document says that i will get a refund of around 5000 . So my question is when this amount of ITR will be credited to my bank account ?
How many days does it take after the intimati...
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Amlan Dutta
There is no fixed time frame and the process may vary from 15 days to 2 months .....under the dashboard section , you may check the status of your refund and may raise a grievance if the refund process gets delayed
  • January 13, 2018
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