Mitul
20 July 2017 at 14:30

Income tax

Income from Blog received in dollars(PayPal account). Should it be shown as income from other source or as income from outside india in ITR-2

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Mahender Singh

I have a saving bank account and receiving salary through bank I have opted mode balance in my account where if balance of my account exceeds ₹ 5000 than entire amount goes into STDR through mode balance and during the year 2017-18 I have received ₹ 159970 as bank interest and bank has deducted ₹16026 as income tax which is shown in 26AS also can I claimed interest rebate ₹ 10000 by filing of ITR

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DEEPAK
19 July 2017 at 21:47

ITR Filing query.

Can person revise ITR for AY 16-17, if he already took refund for Rs 2000in original return .Now he want to claim additional refund of Rs 2200 which he couldn't claim bcz of non availability of form 16A. Can he revise now??

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Muffi
19 July 2017 at 19:30

Hra claim related

Hi Experts,

I have not declared/submitted documents to my employer for HRA exemption and hence higher TDS got cut from my salary, Can I still file HRA deduction while filing IT returns?

Also What all documents at bare minimum do I require to prove my tenancy in case if anything comes up later from IT dept.?

Thanks

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Anonymous

TDS dedcuetd in A.Y.2013-14 but income tax return not filed as income is below taxable limit and came to know the deduction later. In A.y. 2014-15 also TDS id deducted and refund not claimed. Please guide how to take refund now. Never filed income tax return. 

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Sunil Verma
18 July 2017 at 22:27

E-file schema error

I generated XML for ITR-2 and on submitting for e-file got following error.
The XML Schema is invalid. Please upload the XML in the correct schema.
At Line Number 140 : Invalid content was found starting with element 'ITRForm:PriBankDetails'. One of
'{"http://incometaxindiaefiling.gov.in/master":BankDtlsFlag}' is expected.

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Arun Kapoor
18 July 2017 at 22:26

Tax free income

what is the tax free income for AY 17-18

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mithra
18 July 2017 at 19:46

Weather rebate comes or not

as per section 87 rebate upto 5000 available if net total income is below 500000.
my question is weather total income includes special rate taxable income(ex.STCG stt paid,lottery income,LTCG)
asessee's total income excluding STCG STT paid on shares is 430000,STCG STT paid on shares is 120000
weather he is eligible for rebate under section 87

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TARAK NATH SAMANTA
18 July 2017 at 01:16

Itr return filling form & due date

I have income from Salary and also from Car Rentals. I have only one Car which is being used on hire. The car was bought through bank finance and I have to pay the EMI every month against that. Now my questions are...
1. Against the income from the Car Hiring, is the EMI amount deductible u/s. 80C to 80U. If EMI amount is eligible for deduction then under which section?
2. Which ITR form is required to be filed having income from Salary and income from Car Rentals?
3. Due date of filing the applicable ITR form?

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CA Akhilesh Kumar Kandpal
17 July 2017 at 22:53

Refund under itr

Two Question -
1. Do we have to file any separate form for refund claim under income tax act or filling ITR is sufficient?
2. What is the time period of claiming refund? (One of my client who is an insurance agent has not filled his ITR since last 4 year,but tds has been deducted from his commission by LIC however his total income is below exempted limit. For how many years can i claim refund)

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