have doubt in the income tax return filling.
for assessment year 2016-17, filled IT return before due date and I got refund for the same.
But subsequently, we checked further deduction in TDS with my account, shall fill revised return by now.
As well as shall fill IT return for assessment year 2017-18 by now, or need to wait for previous year revised return that shall fill the same.
Sir,
I am salaried class assessee. I filed my ITR on 31-Mar'17. Unfortunately I mentioned wrong amount of salary or tax deducted by the employer. As a result it was showing tax to payable by me. Further, I have not done the e-verification.
I have filled up the ITR for the AY 2017 18 which is correct.
Someone can suggest how ITR for AY 16-17 can be correct & two ITR can be submitted?
Regards
I have 2 houses, one is let out and has no loan taken on it but other is self occupied and has loan interest of 4.5 lacs paid on it during the year. Since I can only claim benefit of 2 lacs u/s 24(b) on self occupied though interest paid is 4.5 lacs, can I show the second property of self occupied as let out to my brother as say I have let out 2 rooms to him at 7,000 per month to be able to claim complete 4.5 lacs as deduction u/s 24(b)?
Answer nowperson living in mumbai on rent and his family living in banglore(Own house) how we will compute income from house property?
Answer nowif company not give benefit of house rent. can i take benefit in ITR.
Answer now
Respected Sir ,
My client's Gross arrears salary is (3,12,085)
Deductions
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PF (29,605)
Income Tax (10,000)
SIP (7750)
========
Net arrears Salary Received 264730
for Claiming Releif u/s 89 , Gross arrears salary Considered or net ??
Thanking You
I jointly inherited a house from my father (expired ).It is vacant,no rental income but yearly expenses like Municipal tax,repair,electricity, are incurred by me.
I don't have any other house and staying in other city on rental accommodation for job.
While filing ITR ,how to consider this ,any tax impact?
Kindly guide
Regards
Dear sir/dear madam, if by the way 31st July 2017 is not extended what will be the worst consequences for the returns to be filed after 31st July 2017 for the Ay 2017-18. I have heard that a sum of Rs 5,000 on account of penalty shall have to be paid before filing the income tax return. This is rumor or fact. Please guide me. I am mentally upset.
cash deposit in current account during demonatisation in new currency out of sale should be declared in Return ?
Answer now
Hi i m salaried employee and in fy 16-17 i have incurred loss short term speculation loss in intra day trading in big amount. As i have heard that loss can be carried forward i 8 yrs. Can i carry forward the above speculation loss, if yes then which ITR should be filled?
Answer now
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