ITR

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 06 March 2017

Unless the deposits trasferred back to your account, you will have to declare.

Ashwini (private job) (175 Points)
Replied 06 March 2017

Actually sir.. some FD are matured.. that maturity amt is credited im my joint account..than how to show my FD.

Ashwini (private job) (175 Points)
Replied 06 March 2017

and one more query sir.. if a person is liable to pay tax in the year 2013... but he did not file return.. than how to do sir... and if i filling return now 2 year i.e AY 2015-16 and AY 2016-17 ... than they may be ask or they will sent notice no... ? about 2013-14 return..what to do sir.. plz give me suggestion...

Ashwini (private job) (175 Points)
Replied 06 March 2017

and one more query sir.. if a person is liable to pay tax in the year 2013... but he did not file return.. than how to do sir... and if i filling return now 2 year i.e AY 2015-16 and AY 2016-17 ... than they may be ask or they will sent notice no... ? about 2013-14 return..what to do sir.. plz give me suggestion...

Ashwini (private job) (175 Points)
Replied 06 March 2017

and one more query sir.. if a person is liable to pay tax in the year 2013... but he did not file return.. than how to do sir... and if i filling return now 2 year i.e AY 2015-16 and AY 2016-17 ... than they may be ask or they will sent notice no... ? about 2013-14 return..what to do sir.. plz give me suggestion...

Ashwini (private job) (175 Points)
Replied 06 March 2017

and one more query sir.. if a person is liable to pay tax in the year 2013... but he did not file return.. than how to do sir... and if i filling return now 2 year i.e AY 2015-16 and AY 2016-17 ... than they may be ask or they will sent notice no... ? about 2013-14 return..what to do sir.. plz give me suggestion...

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 06 March 2017

It is always advisable to have seperate account/s of individuals; savings for personal & current for business or profession transactions. It may be jointly with other family members but prime holder is accountable for the transactions.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160332 Points)
Replied 06 March 2017

" than they may be ask or they will sent notice no... ? about 2013-14 return."

Unless there is any AIR reporting, the ITR filling for later years may not open up earlier mess.

Ashwini (private job) (175 Points)
Replied 07 March 2017

Thank you, sir

Ashwini (private job) (175 Points)
Replied 07 March 2017

hello everyone... anybody have table of exemption exps list with limit amt...plz send me on my gmail ID ashupawar99 @ gmail.com

Sanjay S (Chartered Accountant) (1375 Points)
Replied 08 March 2017

List of Deductions under Income Tax Act:

https://www.incometaxindia.gov.in/Charts%20%20Tables/Deductions.htm

Allowances available to Tax payer.

- Refer File attached -

Attached File : 886703 20170308125419 allowances allowable to tax payer.pdf downloaded: 103 times

Ashwini (private job) (175 Points)
Replied 08 March 2017

Thank you very much sir......

Ashwini (private job) (175 Points)
Replied 08 March 2017

hello sir.. I am prepare new balancesheet in that I have difficulties in fixed asset depriciation ..... m preparing balancesheet of AY 2016-17 than how to take cost of building, furniture, vehicle .. I mean how much amt should I take... ? purchase new vehicle in the year 2011.. and new building construction in 2008... now in this year how much cost should I take..??