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
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
(Expert)
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.
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