Deduction of interest u/s 24b
This query is : Resolved
deepak kumar
(Querist)
20 March 2015
Sir/Mam
i have paid Tds in AY 13-14 however i did not file return for the ay 13-14.i had changed two employer in that year.According to their calculation my tds is 17500 but in actual it was 35000.They have deducted the Tds amount less than actual .Now my question is that can i claim interest deduction u/s 24 b.i have also availed the deduction of house loan repayment but i did not avail the deduction of interest u/s 24 b.
one more concern i have ,if i file return now then any kind of penalty will charge on me or Not.
Thanks
Regards
Deepak
i have paid Tds in AY 13-14 however i did not file return for the ay 13-14.i had changed two employer in that year.According to their calculation my tds is 17500 but in actual it was 35000.They have deducted the Tds amount less than actual .Now my question is that can i claim interest deduction u/s 24 b.i have also availed the deduction of house loan repayment but i did not avail the deduction of interest u/s 24 b.
one more concern i have ,if i file return now then any kind of penalty will charge on me or Not.
Thanks
Regards
Deepak
20 March 2015
last date as per sec 139(4) for filling belated return is 31.3.2015 for ay 2013-14
penalty of rs 5000 can be imposed by ito u/s271F
yes u can claim int payment in itr u/s 24B
penalty of rs 5000 can be imposed by ito u/s271F
yes u can claim int payment in itr u/s 24B
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