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KOMAL CHAVAN

Unclaimed TDS bought forward and current year TDS separate rows...
Dear Amlan,
Came across your video on youtube "HOW TO REVISE RETURN IN RESPONSE TO COMMUNICATION OF PROPOSED ADJUSTMENT|u/s 143(1)(a)"\
w.r.t to same. I had received the mail from Income tax in March'18 but i had missed that mail.

Now yesterday i received a "Intimation under section 245 of Income tax A...
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USAMAH BASHEER

Taxability of Earned Leave Encashment...
Hi Amlan,

I was trying file ITR on basis of your Video. Thank you.

Where should I show the amount I got as Leave encashment in ITR 1? My employer has provided 2 FORM 16 statements- one of employer and the other of LIC from where leave encashment came.

TDS was deducted for the amount got as leave encas...
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krishna prasad nv

INCOME HEAD - BUSINESS PROFESSION...
hi Amlan
Do we need to show calculation of speculation loss in itr 3...i have posted exact loss in BP in income from speculative business as negative figure but that figure was shown in total income and tax was calculated on that figure too. is it like that or did i post it wrong. loss was carried f...
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rupali

INCOME SCHEDULE - CAPITAL GAINS...
where to show Capital Gains from sale of jwellery in ITR 3 ? i meant in which exact column.
because under the head Capital gain there are specific columns for CG from land building , shares etc but couldn't find the option for jwellery.
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khan ismail Kashif Rustam

Home loan interest under 24(b)...
Hello amlan sir

Main ek corporate employee hu.
Corporation ke employees jo home loan lete hain un ko corporation 4% home loan interest subsidy return karti hai.
Is year me june 18 me meri salary me subsidy amount aya tha.

Kya wo subsidy amount taxable hai ? Agar nahi hai to use kis section me bataya jay...
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Vinay kumar

Intimation Notice under 143(1)a...
I have filed form 10E for arrear relief but intimation u/s 143 didn’t give relief
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Deepak Vindal
My Question is also same. I have submitted form 10 E but u/s 143(1) tax relief computed 0.
  • August 22, 2018
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Manish setlin
Same happened in my case
  • August 28, 2018
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Vishal

Deductions...
I had taken a loan from bank from which i earned interest(cash income) 40200,on this i paid interest to the bank 35222.Can i claim deduction under sec 57?
Also,i earned 83900 from tution for which i incurred 8650 expenses for the year.
Can i claim deduction under sec 57?
With regard to deductions under...
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Vishal
Amlan, I would request you to research and reply to my question. If possible make a video.Nobody has replied till now.
  • August 23, 2018
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Amlan Dutta

SITE TESTING...
Please select category properly while posting your questions , as you may have observed , i have deleted all questions posted under general category ...also, in future, wrong category as also general category questions shall NOT be answered and be deleted ..so post question category correctly ........
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Mohsin Razaq
thank you
  • August 17, 2018
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TUSHAR

How to compute income from house property...
I have 1 flat in Mumbai, which given to bank employee rs. 20000 per month rent. They give me 18000 after deduct 10% of tax rule.
Another part I stay in rent in another room in Mumbai and I give rent to Mr. Rex to rs. 20000.
What will calculations done ?
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Amlan Dutta
For the first house you derive income from House property and shall accordingly fill house property schedule for let out property .....for the other room that you pay rent , there is no income for you so you have nothing to show ...in case you get HRA , you will get some exemption based on eligibili...
  • August 15, 2018
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TRIPATI SAHU

Taxation of Fixed deposit...
Sir, I have a FD on bank from which I will get a interest of 9000. Since interest is below 10000, I have submitted online Form 10G in bank account.but my annual income is above 5lakh. Am l eligible to submit FORM 10G ,if not what should I do as I have already filled FORM 10G online in my SBI bank...
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Amlan Dutta
You were not eligible to fill form 15 G but now that you have submitted, bank will not deduct TDS ....what you can do is compute the tax liability and pay advance tax accordingly ...nothing to worry , next time don't repeat this mistake
  • August 15, 2018
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Kuldeep shankhwar

Rectification u/s 154...
When will the rectification of AY 2018-19 begin? The intimation was arrived on August 3?
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PARTHA SARATHI MAJEE
Amlan sir pls reply the possible answer by your useful suggestion. If possible what is time limit of rectification after getting intimation u/s 143(1).
  • August 13, 2018
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Amlan Dutta
rectification begin ---as in ----if you have applied for rectification , you can check the status of rectification ...it has no scheduled time as such ....
  • August 15, 2018
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RAJU KUMAR PRASAD

INCOME SCHEDULE - SALARY...
Sir mai railway ka employee hu aur mera NPS Tier-I basic ka 10% deduct ho jata h, mai us amount ko 80CCD(1) or 80CCD(1)(B) me dikhau?????? Pls help
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Amlan Dutta
If it is your own contribution , i.e employee contribution , you have choice to show it between 80 CCD(1) or 80 CCD(1B) ...note that is covered within 80 C limit whereas 80 CCD(1B) is in addition to 80C limited to lesser of 50000 or 10% of salary
  • August 15, 2018
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