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My client returned from US after 2 years in July 2013..He had opened an NRE SAVINGS account in India to tranfer some of his income from US to India..The interest earned on NRE Savings account and the Interest earned on FDs made from NRE account are tax free because of Avoidance of double taxation treaty...The bank did not deduct a single amount of tds on his NRE FDs..The interest amount is 95800..This income is tax free but please tell me how to show this income in ITR1/ITR2...Where to put this amount of 95800?



Anonymous

Sir, my ipcc attempt is nov. 14. Please suggest me the best refference book or notes for Company law in HINDI medium. I found many book and notes but all those were in English. Plsssssss help me.


Kartik

My friend's paternal uncle had died 3-4 years ago. He had some shares in Joint ownership with his wife. She is also no more. Now my friend want to transfer that shares in his own name? If yes what is the procedure? Kindly help if possible!!


sonika kaushik
29 July 2014 at 23:11

Donation u/s 80g

Hi

can anyone please tell me what would be the qualifying amount of donation in the following case:

Donation amount- Rs 5000/-

Organisation to whom donation is made:
HANDICAPPED CHILDREN'S REHABILITATION ASSOCIATION

It also says:
Donations are exempted under sec 80G VIDE no.- DIT(E) 2010-2011/H469/1491


VIJPS

Hi Expert team ,

I have one confusion about Schedule-TDS1 sheet of ITR-2 where i need to give detail about ** INCOME CHARGEABLE UNDER SALRIES **


My employer has not given rebate on Rent / HRA benefit.

Now while filing income tax return , I calculated HRA and detected from my income from salary.


For Example As per Form 16 my Income from Salary is 7,90,000 but when i exclude HRA from income , Income from salary become 7,10,000.

My question is when i fill Schedule TDS1 sheet , where i need to give detail of tax deducted at source from Salary, what should i write under column ** INCOME CHARGEABLE UNDER SALRIES ** , the number which is given in From16 ( i.e 7,90,000 ) or new value after HRA detected 7,10,000 .



One tax expert told to me that i need to give income which was given in Form 16 i.e. 7,90,000 since form 26AS is having this number.


i am confuse , Please any tax expert advice me what should i write
Thanks
vikas



Anonymous

Dear Sir / Madam,

I am intending to file income tax returns online.

During the financial year 2013-2014, I worked with two employers.

In Dec, 2014 I left the fist organisation and joined the second one.

My first organisation paid me provident fund and gratuilty (my total service was of 6 years).

Gratuity was paid in Jan, 2014 and provident fund was paid in Apr, 2014 by the first company.

While filing income tax returns on line under which section should I mention this amount?

Are these income taxable?


Neha.
29 July 2014 at 23:03

Refund case

someone's total income is below taxable limit having only interest income from bank. The Bank has deducted tds while paying interest
My questions are 1) if ITR of a.y.13-14 is not filed can it be filed now and refund can be claimed? In ITR-2 of A.Y. 14-15 ,there is option under TDS sheet that b/f tds of previous year claimed in current year will that option can be used without filing a.y.13-14 return?

2) is there any time gap between which ITR of A.Y.13-14 & A.Y.14-15 is to be filed ?




Virendra
29 July 2014 at 22:49

Industrial training

I wnt to do industrial training after completing my two years of articleship. What if my current principle dont allow me do that?? what steps should i take in that case?? plz help me out



Anonymous
29 July 2014 at 22:35

Filing of itr 4

I have BP losses of Rs.
1st SCG lose of Rs. 29005
2nd Speculative lose of Rs. 15500
3rd Feture & option Lose of 70495
I am not sure where these lose are fill in ITR 4 . please give suggetion by anybody
most welcome
thanks


Vinod kambli

Dear Sirs,
I have a doubt. Mr. A is an ex-army personnel, getting a certain amount... say Rs. 130,000/- as pension per year. He is now working in corporate sector with a net annual emolument of Rs. 2.50 Lakhs.

Whether he is to be taxed for Rs. 50,000/- (deducting Rs. 2,00,000/- from Rs. 2.50 Lakhs) or Rs. 1,80,000/- (deducting Rs. 2,00,000/- from Rs. 3,80,000/-) ?

It is heard that since Mr. A is retired in 2003 and receiving only part as monthly of his full pension (after commutation)

Kindly advise so as to file the income tax return accordingly.






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