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PARTHA SARATHI MAJEE

Amlan Sir,how can i show exempt income of ppf interest or gratuaty income in ITR-1 for ay 2017-18 or fy 2017-18 ?I have seen your tutorial but it was of ay 15-16 but now in itr 1 there are are four slot in tab of tax paid & verification to report exempt income one of them is other under D13.SLNO(iv)...
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Amlan Dutta
you will put in exempt income reporting section details of exempt gratuity and PF interest ( add fields and keep such fields..look at the attached pic

Section 10(38) is for LTCG and 10(34) is for domestic dividends , so don't fill anything here

Regarding arrear relief , i have covered enough in my Y...
you will put in exempt income reporting section details of exempt gratuity and PF interest ( add fields and  keep such fields..look at the attached pic<br /><br />Section 10(38) is for LTCG and 10(34) is for domestic dividends , so don't fill anything here <br /><br />Regarding arrear relief , i have covered enough in my Youtube and don't think this forum is appropriate to cover something so extensive here in just a few words...your phrasing shows that you have not understood at all how the relief is calculated ...request to carefully study the process again
  • March 28, 2018
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PARTHA SARATHI MAJEE

SIR, I m a govt.employee I m getting sallary from my employer as well as I m getting 135000 rs yearly rent from mobile tower company as a income frome other source in my saving account.Now here is my querry-
1.Which itr I should fill?
2.If I choose ITR-1 may i...
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Amlan Dutta
You can check your 26as to check whether you have any tax credit available on account of TDS deduction from this mobile tower .....in case you have you can seek credit in TDS schedule 2 else you can leave it blank ...... ( you will find TAN in 26as ).....you can show income under other sources ....

Y...
  • February 11, 2018
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PARTHA SARATHI MAJEE

Sir, I am govt.employee I have invested 150000 iu/s 80c ie in PPF excluding my cpf deduction deducted from my sallary ie 49761 in this FY 2017-18.So,may I claim additional deduction over the cealing of 150000 u/s 80ccd(1b) as this amount 49761 is 10% of my basic+da? In this situation is there any ne...
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Amlan Dutta
You cannot claim additional deduction benefit of this 49761 Rs...However yes , you can invest in NPS Tier 1 and claim deduction benefit of 50,000 Rs over and above 80 C saving of 1.5 lakhs.
  • February 1, 2018
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