Regarding e filing of itr 1

This query is : Resolved 

15 July 2015 I have bought equity shares on Bombay stock exchange in December 2014. My annual income is not taxable. Also I paid LIC premium rs. 3324 in a year 2014-15.

my query is do I need to show equity investment in ITR - I?? Further I received a dividend in july 2015 on such equity shares. All equity investment made in indian companies. so do I need to show dividend in nexy A.Y. ITR though it is exempt?? please reply..

15 July 2015 No need to show equity investment in ITR. No need to file return if your Gross total income is below the basic exemption limit.

15 July 2015 thank you so much sir. and I have received a dividend from indian companies in july 2015. Do I need to show in ITR in next year irrespective of the fact that my income is below exemption limit or above basic exemption limit.

15 July 2015 Dividend from Indian company is exempted. If your income is above exemption limit show it under exempted income.

15 July 2015 ok. under which section do I need to show dividend received? there are many columns for deductions under chapter VI A but where to show such exempted income??

Also please tell me that where can i find videos or demonstration about e-filing of service tax return, tds returns file and vat return file??

15 July 2015 Search google you will get all videos.
In ITR 1 see D 19 exempted income for reporting purpose. Show the divided income under it.

15 July 2015 thank you very much sir....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details