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Question & Answer


A

Anurag Patni

24 Jul 2018

Sir,I am working in canara bank, While filling ITR , it is showing 250 difference in tax paid section, I have tax saver FD of 25000 , i think thats the difference , but it is not showing in my form 16 and i dont know in which column i have to fill it in ITR 1, pls help

Replies (1)                          

CA Yash Jain       24 Jul 2018

tax saver FD comes in Chapter VI A 80C where total maximum limit allowed is 1,50,000/-

T&C apply


R

Rajeev Agarwal

22 Jul 2018

Medical doctor those servise in BSF hospital and BSF hospital pay 4 month salary under sec  192 and balance 8 month thay pay amount under sec 194J



then he fill return under ITR3 ..??

if yes then please clear about his Nature of business code under ITR 

also  provide  how to fill TDS detail in ITR 3 TDS sheet because 4 month this show under 192 and 8 month show 194J so all TDS details show in salary or in devide under two part and fill 17B and 17C1

Replies (1)                          

CA Yash Jain       24 Jul 2018

four months would be under Income from Salary for which form 16 would have been provided.
remaining 8 months it would be profession income.
tds needs to be shown seperately.

T&C apply


A

Ashirvad Singh

21 Jul 2018

Reired Army Officer. Disability pension + Service element is more than 10 lacks annually. How to get exemption while filing ITR 1? The amount is displaying in TDS1 and I left out columns in Taxable income. It is displaying an error saying " head salary is less than 90% of total taxable income"

Replies (1)                          

    24 Jul 2018

In this case, you need to break the salary into 3 parts
I) Salary (excluding all allowances, perquisites and profit in lieu of salary)
II) Allowances not exempt
III) will be exempt Income in which you need to mention section wise exemption.
Total of all 3 cumulatively should match with Gross Salary as shown in Form 16 and you will not face the error.

Regards,
Chirag M. Haraniya
9930128085

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T

Tarun Karnik

20 Jul 2018

Pertains to AY=2018-19. I have a Self Occupied property. My Home Loan interest = 2,50,000/- Pre-construction period interest yearly instalment to be claimed = 45,000/-. How can I claim rebate on home loan beyond 2,00,000/-.

Replies (1)                          

CA Yash Jain       24 Jul 2018

From F.Y.2017-18 it's a rule that you cannot claim more than 2,00,000/- any amount would be carried forward if any.

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P

Pankaj Kumar

18 Jul 2018

I got interest of 20000 INR (as only income in India) in NRO account and TDS was deducted. Which ITR to be filled, if required? Can i get this TDS refund?

Replies (1)                          

CA Yash Jain       24 Jul 2018

ITR-1

T&C apply