Tax calculation for the a.y.2014-15

This query is : Resolved

Querist : Anonymous

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

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

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...

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rakesh Maner

Credible HRM

Jai Solanki

Ashif Cheenikkal

sandhya.v

Subscribe Now

Tax calculation for the a.y.2014-15

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA