Dear Experts My total gross income is Rs 4.5/- lac for assememt year 2017-18. I want to file my income tax return. I have 2 fixed deposits in bank and earn interest 20000/- in last year. So, in that case i disclose my FD amount in ITR or only interest amount ?

Dear Sir,
Please let me inform what is the last date for filling income tax return for the FY 2015-16 (AY 2016-17).


Thanking you,

my deductor tds as per 194C from 2012 to till 2017 so now i want to file my retund previous i never filled return and at that time my incoe is not taxable so is it possible for me to take refund of year 2012-13,2013-14,2014-15,2015-16 because online utility of income tax site is not allowed me to file uper mentioned years return.

Under what circumstances HRA allowance in calculating income tax on salary is considered or not?

Hi All,

I finding following issue while filing online IT return,please help me out. 

" Invalid Character(s), Only following characters are allowed.-,@;/()_:, What does it mean?

Iam having turnover less than 1 crore . I am not opting 44AD presumptive . Am i liable for tax audit if i offer less than 8 % as profit ?

Respected Sir,
Can i file income tax return Assessment Year 2016-17 and 2015-16 now.Can i file income tax return.I have Nil income in this period.But bank demanding for loan purpus.If any way kindly suggest i will very thankful to you.

Hi,

I received an email for proposed adjustment u/s 143(1)(a) with respect to the return of income filed for Assessment Year 2017-18. This was in relation to increase in taxable income.

I have accepted the proposed changes and received a confirmation and transaction ID on submission of response to adjustments u/s 143(1)(a).

Since, the email says "In case if you have opted to file revised return, please upload the revised return within 15 days". Therefore, I was wondering do I still need to file a revised return?

Wether Foreign Savings bank account Interest is eligible for deduction U/S 80TTA for residents

My client is a seafarer working in Merchant Navy. In FY 14-15 he was NRI. In FY 15-16 he stayed in India for more than 182 days. In that year of FY15-16 he received salary in NRE A/c of Rs. 20 lacs. He has not yet filed the return of FY15-16. Now my question is is he liable to pay tax on salary received in NRE? Beacuse if tax payable then he will hve to pay huge taxes.