Tax calculation for the a.y.2014-15

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 May 2014 i just tried to fill up online income tax return but this time IT Dept.change as itr utility. my income table as per below

salary - 120000
int.income - 103715
income on tata life policy - 112772

total income - 336487

deduction

lic pre. - 11409 (u/s.80c)
child edu.fees - 11950 (u/s.80c)
int.on sb a\c. - 3012 (u/s.80tta)
tata life policy income - 112772 ??????

my problem is this that income on tata life ins.policy need to put under which section?
i refer some website some of that says u/s.80 1010d but there is no column of this section in itr utility so what to do pl.help me

10 May 2014 you wont be able to show this in ITR1. you need to file ITR2 for this. it will be shown as exempt income...

10 May 2014 any exempt income above 5000 then u need to file iTR2.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro


Follow us
OR add as source on Google news


Answer Query