Itr - 2 - e-filing - queries

take the gross of saving account interest and than claim deduction under chapter VIA schedule.

regarding donation ask for the certificate or letter from the donating organisation. the  % will be mentioned there.

regarding TDS unique no. it is given in centre of the certificate. that is the no. u have to mention.

financial year is 2012

mention the same amount of tds as mentioned in 5 in column 6 to claim full TDS.

saving bank int is eligible for deduction u/s 80TTA, deductions can be taken after including in income only.

Complete Bank Intt should be included in Other sources of Income as Interest. And then show deduction in 80tta (max 10,000)

For example if Total Saving Bank Intt comes out to be 12,000. 

Put 12000 in OS - Interest (Sheet CG-OS). 

ANd put 10,000 in VIA - Section 80tta

Thank you Jainendra, Rahul & Gaurav for your prompt reply.

Few clarifications requested -

1) Is section 8TTA applicable for the income in the last financial year (01st april 2012 - 31st March 2013)? I came across one article which said - it is applicable from April 01, 2013. Please confirm.

2) TDS Certificate issued by bank - There is no number at the center of the TDS certificate issued by the bank. I see Certicate No. on the left side. However, it comprises 7 letters. So I am not sure on this.

3) Donation - The donation receipt has the number at the back of it. Is there anyway to identify the percentage of exemption? After communicating with the trst, they say it's 50%. However, this is not mentioned anywhere on the receipt.

Also, out of the 4 tables under 80 G - where can these details be included?

Please advise.

Thank you.

Regards,

Pacer

80TTA is applicable for A.y. 2013-14 i.e. f.y. 2012-13. go ahead take the deduction without hesitation.

i think thats the certificate number (when we file a tds return the small receipt shows the same 7 letters which are reqd to be quoted on form 16a/16)

donation to trusts other than specified by the IT Act,1961 usually in the category of 50%. If the Trust has told you so then it shall 50% only. you do need the PAN no( of trust) to be qoutted in the return to claim deduction.

Thanks a lot Rahul!

Just the last one -

Donation - Out of the 4 tables under 80 G - where can the donation details be included?

Table A - Donations entitled for 100% deduction without qualifying limit

Table B - Donations entitled for 50% deduction without qualifying limit

Table C - Donations entitled for 100% deduction subject to qualifying limit

Table B - Donations entitled for 50% deduction subject to qualifying limit

I am not sure where exactly the amount needs to be entered.

The section included in the receipt is - 80G(5)(Vi)

Refe. is - PN/CIT-III/Tech/80G/226A

Please advise.

Thank you.

Regards,

Pacer

table B - donation entitled for 50% deduction SUBJECT TO qualifying limit

Thanks for your reply.

Sorry for the typo error Rahul.

The last one is -

Table D - Donations entitled for 50% deduction subject to qualifying limit

I guess you are referring to this one only, right?

Please confirm.

yes. it was a typing error table d it shall be. (i copy pasted it)