S
Simran
Hi, I declared HRA exemption while submitting declaration to my company. However, for proofs I only have rental agreement and rent receipts (my company demands just these 2 as proofs). I dont have financial proofs of payments. Should I transfer a lumpsum amount for rent paid from April to December this year as well, or would monthly transfers from January to March be sufficient?
R
Robin Clement Lewis
Hi, I haven't applied/filed for Form 16, as my corporate paid income tax on my behalf, in the past years. Do you still recommend me to file my income tax? If yes, why? Thanks, in advance.
Facebook
Twitter
Linkedin
If your income earned during the year FY 2020-21 exceeds Rs. 2,50,000 then you are required to file IT return in India. Further, if TDS have been deducted by your employer on your salary income, then IT return filing is mandatory to claim the refunds of excess tax amount paid.
For more information, you can connect with us at ca.pujasharma@outlook.com or https://pujasharma.associates/
Please contact caganeshkakani@gmail.com +91-9420683637
T&C applyS
Sudhanshu Gupta
Need help in schedule FA for declaring shares
Our team of professionals can help you with your return filing. Please connect with us at ca.pujasharma@outlook.com
T&C applyS
Syed Faraz Moin
I have a query, I am working for MNC in Bangalore. Along with that I also work as a freelancer for a US based company where I earn in dollar ( Less than 25k Rupees). Since the joh is part time and income is not fixed, do I need to pay taxes in India for my foreign income? Does this foreign income affect my current tax slab?
Yes, you have to pay taxes on all your income earned during the period. For any assistance in ITR filing, you can connect with us at ca.pujasharma@outlook.com
CA Ganesh Kakani 31 Dec 2021Please contact caganeshkakani@gmail.com +91-9420683637
T&C applyG
Gaurav
I left my job 2 years back to pursue my Masters study, during my job I used to submit Income Tax return, now these days I am getting notifications(SMS) from IT department to submit Income tax return, is it necessary to file ITR even though I am not earning
No, as an individual IT return fling is not mandatory if your total income earned during the FY2020-21 is upto Rs. 2,50,000
T&C apply
