In 2014-15, my father was retired. Then he received some pension benefits. While filing the income tax return for that year amount received as gratuity, PF etc are not disclosed because in form 1 there is no section 10 to fill these exempted incomes.But these incomes are deposited into fixed accounts & interest from that is shown under income from other sources.
So as our PM introduced income declaration scheme i wanted to know whether i need to disclose those or not

Good Evening experts Director Remuneration of March 2016 month is accrued by public limited company in F Y 2015-16 but payment made by company in FY 2016-17. In which year this remuneration will be taxable on the hand of Director.

hi guys, I have a income from salary. recently I have bought a flat whose agreement value is below 50lakhs. please advice do I need to disclose it anywhere while filing itr 1? Deepika.

Dear friends,
Please tell me whether the medical allowance paid to the senior citizen is fully taxable or deductible under section 80 D of the income tax act 1961.
Thanks in advance.






Regards
Gaurav

what is the timilimit for filing ITR.I mean after due date.For Eg Can we file ITR pertaining fo AY 14-15 Now.Please Clarify.

My father has an ancestral land which is being sold and the sale proceeds are to be divided between my father and his younger brother. My father has no other taxable income... My father's share would be around 35 lacs.. I want to know whether any capital gain liability exists for my father or not?

A transporter getting trucks on hire basis (per day or per month) & doing misc. transporting work. Can he opt for presumptive taxation u/s 44AE? What if his total turnover (gross receipt from such misc. work) during the year is more than Rs 1 Crores? Any answer plz?

hi experts feeling very tensed as i have filed wrong tds return for whole f.y 15-16. rent payment made to mr. a was credited to mr. b account and vice versa while filing tds return for all 4 quarters of last f.y whereas tds was deducted and depositing accurately. now both mr. a and mr. b wants to file their ITR before due date but problem is that mr. a income is showing less and mr. b income is showing high in 26as. i am goin to file revised tds return for all quarters. will it resolve the issue? in how many days it will get reflected into their 26as statement correctly? can they file ITR with correct figures as on today? pls help me. thanks

I have paid income tax for FY 2015-2016 (Self assessment tax) from axis bank website. However, before i could save the challan, the net stopped working. When it did started to work, i couldnt save the challan and hence, i couldnt get the BSR code or the challan number.
Calling Axis Bank was worse, because they have no idea on how to obtain an already paid income tax challan. They asked me to call Income Tax whereas Income Tax helpline mentioned that hey DO NOT generate challans they challans which the banks generate. I DO NOT Have the challan number or BSR Code and I need to find the already paid challan. Please check and help.
Remember the following website ONLY gives you status of the challan AND NOT the actual challan.

https://tin.tin.nsdl.com/oltas/index.html

If a person sell car which is used for business but depreciation not claimed on by assesse in his income tax returns and car is held for more than 3 years,Can it will be long term capital gain and index cost to be calculated?

As per my thinking,it is not depreciable asset because assessee not claim depreciation on it and thats why we can't treat gain on sale of such asset as short term capital gain.Please guide in this respect as its very urgent