Hello Friends,
My friend earn 480000 from salary in 2016-17. He received his PF also same previouse year of Rs. 142000 and tds deducted by department 14200 on that amount. Both amount are showing in 26 as. my question is what amount I need to take while filing ITR. should I need to club both amount . As far as my knowledge amount received from EPF not taxable in the hands of employee as he already paid tax on that amount in last year. Please suggest what amount I take as a income in ITR.
Dear Sir Please tell me regarding the contribution made by the employer and employee in National Pension Scheme and what will be the treatment of interest credited???
Answer nowIF DAILY COLLECTION MEMBER GET NOTICE FROM IT DEPT
Answer nowwhether od account details also to be shown in itr???
Answer nowFor the AY 2017-18, I have no capital gain or loss from stock market. I only sold 100 shares of a listed company acquired in 2012, at a loss( LT loss).transaction any was only 4000. STT was paid on the transaction. During the year I have rec'd dividend from other listed companies in my portfolio.which ITR should I file.Can I file ITR 1 since I have no CG.
Answer nowSir,
I have deposited excess TDS on 7/7/17 now I want to know whether I can claim excess TdS paid against August TDS liability and how can I claim????
I have filled my original return within due date then I discovered I forget to show some of my investment u/s80c. Can I file revised return or I need to rectify the return. If my original ITR is processed can I revised it because as per 139(5) return can be revised before completion of assessment.
What is difference between rectification and revised itr?
i am unemployed and also non taxpayer, i have register on e-filing portal for link my pan and aadhar card. i hear somewhere that link between pan and aadhar is mandatory for all even non taxpayer. so i register. but few days ago an email come from e-filing portal that i should fill return before 31st july,2017. but i am unemployed. how i file return. i am in very much tension. please give me some suggestion. i have only savings account , no fixed deposit.
if an assessee does not own farm(land),but he takes it on a rent from actual owner(farmer) for farming purpose,my question is whether income from the sales of crop grown in that farm will be considered as agriculture income and so exempt from tax?
Answer nowif any person is filling an ITR and earning commission which is recived after tds and also earning by teaching in college.. but commission income is not reflecting any entry in the bank account and also tds has been deducted by the deductor... only income from college from teaching is shown in the bank account... query is it is possible to give commission in cash although total amount paid during the year is 260000.. even such tds amount deducted is shown in 26as.. but no transaction in the bank account...there is no proof where such about of commission has been credited... how to show all these amount in ITR of individual...
Answer now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Income tax return