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Question Category : General Discussion

    • Advance tax payment not reflecting in form 26 AS

      I made advance tax payment on income tax official website for the assessment year 2017-2018, and I got the confirmation receipt for the same. But the same is not reflecting in form 26AS. Could anyone please help me figure out what should be done now?

      Profile photo of Krishna Agarwal Asked By: Anonymous 2 replies 0 helpful answers Last Updated: 6 days, 8 hours ago
    • how shall I submit ITR 1 without Sch TDS2

      I am a Senior Citizen and my annual income is slightly more than Rs. 200,000 p.a and that is mostly from interest and therefore I submit Form 15H to the bank for non deduction of tax from source. Now at the time of submission of return ITR 1 how shall I get Sch TDS 2 form. Please guide. Is is mandatory to submit Return. Please guide. Tapas Dutta

      Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 1 week, 4 days ago
    • Clubbing of income under section 64(1)(iv)-"only the fi

      Under section 64(1)(iv) of IT act, the first income from an asset transferred to his spouse without adequate consideration is clubbed with the income of Transferor. The statement is “only the first income would be clubbed & not the subsequent incomes”. What does this statement means. The doubt is ‘whether the first income derived from the transferred asset in the year of transfer is clubbed OR first income derived in every subsequent years are also clubbed.’Pl.explain & clarify.

      Profile photo of Venkateshaiah Chandra Asked By: Venkateshaiah 1 replies 0 helpful answers Last Updated: 1 week, 4 days ago
    • 194J related income tax related in annual income

      my monthly income is 100000 and total annual income is 1200000 which comes under 194J section and they debit 10% TDS. As per income tax slab i come under 30 % according to total income of 12 lakhs. please clarify that should i pay tax as per 30 % slab or no extra tax will be paid as i come under 194 J section for professional fees while filing the returns

      Profile photo of ankush gupta Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 1 week, 4 days ago
    • Is Under maintance of quarter hra will be deducted from sal

      My quarter is under maintance and it’s condition is very poor . तो क्या मेरा hra कटेगा कृपया मुझे मार्गदर्शन दिया जाए जवकि मैं एक दिन भी इसके अंदर नही रहा लेकिन यह केवल मेरे नाम अलॉट हुआ है

      Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 2 weeks, 3 days ago
    • Investment under SCSS for more than 1500000

      I have already invested under SCSS(the maximum). Can I further invest under SCSS in my wife’s name who is not a senior citizen yet. She is a house wife and has no income of her own. I want to invest another 1500000 in her name in SCSS. Is it possible? Please advise

      Profile photo of Subodh Chopra Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 1 month, 2 weeks ago
    • Dependent, Or Not Dependent? That is the Question…

      My wife and I cared for my until her death last November. Because of her condition, neither of us were employed, and declared dependents on prior returns. After she passed, I inherited a lump sum IRA of about 20k from her estate. My question: In tax law, what takes precedence: The 46 weeks of 2017 I was dependent, or the six I was not? Can I be declared on her return, and what deduction would/should I take on my own. Haven’t seen an answer to this particular sort of kerfuffle anywhere. Thanks for the opportunity to post here.

      Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 2 months ago