Filing of taxes can sometimes be a tricky and challenging task. Most of us do look out for help or assistance. To assist taxpayers, Income Tax Department has been rendering call centre service from its Central Processing Centre located at Bangalore (ITD-CPC, Bangalore).
You can contact Income Tax Helpline numbers for the queries related to;
- e-Filing of tax returns,
- e-Filing website Login issues,
- ITR-V Receipt Status, (Now you can e-verify your ITR)
- Income Tax Refund and Refund re-issue,
- Rectification of ITR,
- Income tax / PAN / TAN &
- Form 26AS and Form 16.
Income Tax Helpline / (New) Contact Numbers
Below are the latest Income tax helpline contact numbers & Toll-free numbers.
- For General Queries related to Income Tax, PAN (Permanent Account Number) & TAN ( Tax Deduction Account Number), you can contact Aaykar Sampark Kendra (ASK) Toll Free number 1800-180-1961 (or) 1961.
- Working hours : 08:00 hrs – 20:00 hrs (Monday to Saturday)
- Customer Care number for queries related to e-filing of Income Tax Return & e-filing website login issues, contact numbers of e-filing Helpdesk are 080-4612 2000 and Toll-free-number is 1800 103 0025.
- Working hours : 09:00 hrs – 20:00 hrs (Monday to Saturday)
- Income Tax Helpline number for ITR Notification & Processing, Tax Refund and Rectification related issues is 1800 103 4455 (or) 080-46605200.
- Working hours : 08:00 hrs – 20:00 hrs (Monday to Friday)
- For queries and inquiries related to TDS Centralized Processing Centre (TRACES), TDS Statement, Form 15CA, Form 16 and Form 26AS, the toll free no is 1800-103-0344 (or) 120-4814600. (Customer care centre is at Ghaziabad, Uttar Pradesh.)
- Working hours : 10:00 hrs – 18:00 hrs (Monday to Saturday)
- Helpline number Queries related to PAN & TAN application for Issuance/Update through NSDL is 020-2721 8080 (or) 20-2721 8080.
- Working hours : 07:00 hrs – 23:00 hrs (On all days)
Income Tax Department’s CPC Bangalore Address
For the purpose of submission of ITR-V forms and other documents which require physical mode of transmission, below is the IT dept’s CPC Bangalore Address ;
‘Centralised Processing Centre,
Income Tax Department,
Bengaluru, 560500′
Kindly note that Income Tax Returns from Assessment Year 2015-16 can be verified electronically. There is no need to send physical copy of ITR V to CPC Bangalore address.
Related Articles:
- eNivaran New Online Facility : Income Tax Dept’s Latest Grievance Redressal System
- List of Important Tax exemptions for FY 2017-18 / AY 2018-19
- Income Tax Deductions List FY 2018-19 | List of important Income Tax Exemptions for AY 2019-20
- How to reply to Non-Filing of Income Tax Return Notice?
(Image courtesy of Stuart Miles at FreeDigitalPhotos.net)
What is Defective Income Tax Return? How to respond to Defective Return Notice issued u/s 139(9)?
How to calculate Holding Period & Capital Gains on sale of an Under-Construction property?
Mutual Funds Taxation Rules – Capital Gains Tax Rates on MFs
eNivaran Online Facility : Income Tax Dept’s new Grievance Redressal System
Hi My name is senthil I have filled my income TAX on 27/06.2018. it say successfully verified. ITR is not processed yest. please advise me how long it will take
I have applied for refund on 24/07/18 and my status of e-filing was “Successfully e-verified”. Till now I didn’t get refund and any status update about my cliam still it is in “Successfully e-verified” status only. What should I do now? Should I wait for some more days?
Dear Santhosh,
We need to wait, as there is no other option!
If it is other than ITR-1, generally the refunds can take time..
Sir,
My wife’s IT return for AY 2009-10 was filed in time with a refund of 700- approx.
Now there is a demand for Rs. 485 informing as arrears. I have changed my residence to Bangalore and new auditor have details from 2011only.
The earlier auditor has not given any details so far.
Is it possible to get order copy from the department. Kindly advise me.
Thanks
Rajkumar
rubyrajku**@yahoo.co.in
96631070**
Dear RAJKUMAR,
Yes, you can ask for the details from the IT dept through e-Nivaran portal.
pls note that while i try to register the pan in incometax e-filing portal new update is seen in address entries and unable enter address details
Dear Annie ..You may kindly submit your grievance to the IT dept through e-Nivaran portal..
Dear sir,
For AY-207-18, I have filed my IT with form-16 received from my organization, but recently i got a mail saying I have to pay extra tax as per 26 AS, since there is a mismatch of 25000, on verification it is found that this amount is paid by bank as interest , but for interest amount around 2000 was deducted as tax, so what should I do? Do I need to pay tax again?
Dear Shaaz,
If you are in different tax bracket then you need to pay the remaining balance tax dues.
For ex : If bank has deducted 10% TDS and if you are in say 20% tax slab then you need to pay differential tax.
Related article : How to pay Outstanding Income Tax Demand online?
Dear sir
Pz help me
I will wrong assment years select and tax payment on line and my balance is deducted
When i will shuld pay assment years 18 to 19
Pz help me
Dear Arjun,
If you have selected wrong AY, then you can revise your ITR.
How to enter four digit PAN Number in the form of DDMMYYYY.
put four digit of your pan no followed by date of birth in DD MM YYYY format For eg if your Pan no id AADP7075L and DOB is 09/12/2001 than put 707509122001
Sree
I am awaiting for my refund for the yr 2017.
I have not got any correspondence so how do I get this resolved
Guna
Dear Guna,
Is the status of your ITR – ‘processed’?
If so, suggest you to submit your grievance to the IT dept through e-Nivaran portal. You will surely get the required response..
I am having pan number. Not submitting file returns. I am aged 42years. Total 20 lakhs in saving account in 5banks. I am housewife now. . Now i got income near about 1lakhs from savings account that is my entire savings.In future i want to convert it into fixed deposit .
Let me know whether i have to submit file returns
Dear priya ji,
If your income is below basic exemption limit ie Rs 2.5 Lakh, it is not mandatory to file ITR. But, it is always advisable to file ITR.
Kindly go through this article : Do I need to file my Income Tax Return?
Hi,
I have Rs 3000 as STCG for DEBT FUND along with Rs 30000 STCG for Equity fund this year AY 18-19. For last year AY 17-18, I had Carried forward STC Loss of Rs 54000 for equity MF in (ITR 2 CFL Sch).
Can I adjust all STCG i. e. 3000+30000 for this year against STCLoss 54000 and carry forward STCLoss {54000 -(3000+30000)} 21000 for next year? Or I can adjust only STCG for euity MF of 30000 this year against STCloss 54000 AND I have to add STCG for DEBT fund in my TI this year and pay tax accordingly. This I am asking because Income Tax Rates for STCG for equity MF and Debt funds are different ( 15 % and as per TI slabs respectively).
Regards,
Bhaskar
Dear Bhaskar,
I believe that you can set off STCG of Debt Fund + Equity Fund with STCL.
You may kindly consult a CA as well.
Related article : How to set-off Capital Losses on Mutual Funds, Stocks, Property, Gold, Bonds & Debentures?
Hi Can i file my ITR for FY 12-13?
Dear kumar ..Kindly go through this article : How many Previous Years’ Income Tax Returns can be filed after Due date?
I am salaried employee and have gain/loss from share market trading ( intraday and future options). Which ITR should I use in ay 2018-19.
Dear rajneesh,
You may have to file ITR 3 form.
Related article : Which ITR form to file for AY 2018-19?
Hello Sir,
Can you please guide us on TDS deduction process while buying a property from NRI seller?
Dear AN,
Tax Deduction at Source (TDS) to be done at the rate of 20.6% in case the sale price is less than Rs.1 Crore or 22.66% in case the sale price is over Rs.1 Crore.
Irrespective of the sale value of the property (even if it is less than Rs.50 Lakhs), the buyer has to deduct TDS u/s 195 at 20%.
The buyer has to obtain TAN registration and file eTDS return.
The buyer has to issue Form 16A to the seller.
You may kindly go through this article..
Suggest you to consult a CA as well.
Hi I am harish govt employee I am leaving in govt quarter and not receiving house rent ie 10% of basic pay and I pay 2.5% as a maintainable charge from my monthly salary. I want to know sir, whether I am eligible for tax rebate u/s 80GG if yes then how much.
Dear Hraish,
If you have no HRA component in your salary and you or your family not own a house, then you can claim the benefits with a certain limit under Sec.80GG.
The Tax Deduction amount under 80GG is Rs 60,000 per annum. Section 80GG is applicable for all those individuals who do not own a residential house & do not receive HRA (House Rent Allowance).
The extent of tax deduction will be limited to the least amount of the following;
Rent paid minus 10 percent the adjusted total income.
Rs 5,000 per month.
25 % of the total income.
Related article : Income Tax Deductions List FY 2018-19 | List of important Income Tax Exemptions for AY 2019-20
Sir,
I am Rajinder Singh ex-man . I want to update of new Mob No…… for help of OTP code. Long time of ago submit the mob no but stop the oldest mob no. I am update new Mob No Please send any suggestion to update the latest Mob No.
Please request help me.
Dear Rajinder ..Suggest you to submit your grievance to the epfo..click here..
If Form 15CA was filed on march 10, 2018 for transfer from NRO to NRE account, how long is this Form valid before which physical remittance is done?
Dear Subramanian,
As far as I am aware there is no time-period validity for Form 15CA..
Hi Sree,
Would be kind if you can answer this query :
My salary component includes car petrol allowance and driver salary. Can I claim refund for this (under Section 10 or any other relevant) Please note I purchased this car solely for the purpose of going to office and coming back.Driver is also solely attributed to this journey.
Thanks for your revert.
Best regards
Gajanan
Dear Gajanan ..Kindly go through this link..can be useful to you.
Hi Sree
Thanks for your reply
Best regards
Dear Sir,
I am living in a apartment in Ghaziabad, UP, for which home loans have already been fully repaid some 5 years ago. Now I got allotted a Delhi Development Authority flat (very small LIG) in Delhi. Started a loan during the month of Aug-2016, and also got the possession on 21-Mar-2017.
1) Shouldn’t this flat be considered as self-occupied, since I am repaying loan only on this one property ?
2) If I HAVE to treat this flat as deemed rented: The area where it is located is not developed yet so living in there myself or fetching rent is not possible. Since I have got the possession almost at the fag end of the financial year, and it cannot be rented out. Shall I show a small monthly rental value as 1100/- (purchased it at Rs.18 Lakh), then deduct the 30% as maintenance from 1100/- to take the advantage of the full 1st year home loan interest of Rs.2,10,000/- continue the same next year as well (for full 12 months @ 1100/-)
Dear Mr Mittal,
1 – If you are living in a Flat which is in Ghaziabad, then your second flat can be considered as Let-out one. In case if both of them are self-occupied, you may consider any one of them as self-occupied (its your choice!).
2 – You may show it as ‘let-out property kept vacant’, show rental income as NIL and also claim tax deductions.
Thanks Mr. Reddy.
However, when I fill ITR-2 I have to specify (under Schedule HP (a)- “Annual letable value or rent received or receivable (higher of the two, if let out for whole of the year, lower of the two if let out for part of the year)”.
Which I now understand has to be calculated based on either the fair annual rental income that be generated from the property or the value taken by Municipal authority to calculate the tax. So some rental value has to be shown as income is my understanding.
Hope this is Okay.
Dear Mr Mittal,
The rental value can be zero if the property is kept vacant for whole year.
My return of ITR not yet received. my bank A/C No. is given by my CA. But till date yet to received. Please help.
Regards,
Bishnu Charan Bandyopadhyay
PAN – AJPPB99***
Dt. of birth – 18/01/19**
i need a small advise, could you please help regarding the ‘late fees on TDS payable’.
actually i filled 26QB form oline n submitted payment thru my netbank, and later on, i recd a mail stating “intimation of defaults in payment” in that : interest on late payment and the amount already paid by me asTDS was also reflecting as, both are yet to be paid…………… How to clear this .
I have paid the 1% of TDS on Purchase of Property, but it was delayed payment and while paying i did not noticed a delay interest charges.
Now can u guide me
Dear Geetanjali,
Kindly consult a CA and take help.
Hi Sir,
I recieved letter from IT department regarding non filing of ITR for year 2015-2016 but i have uploaded the itr that year but forgot to verify that by sending it to banglore. office
IT department letter has directions to go to Compliance module for giving the reasons for not filing but in Compliance module i am not able to find any option related to compliance in “View And Submit Compliance”.
Please let me know the correct work to either re Verify my 2015-2016 ITR or to enter compliance in return of IT department letter.
Dear Himanshu ..You may submit your grievance to IT dept through eNivaran portal and request for next action items..
Read : How to respond to non-filing of ITR notice?
Yes, actually payment(Cheque) had been sent to my old address and no body received as I was not there and return back then my CA send my A/C No. with request to deposit my A/C. but not yet done.
Dear Bishnu ji,
Kindly submit your grievance to the IT dept through e-Nivaran portal.
Sir g hun jis logo ki ham zamin par kheti kar rahe hai woh log hamse keh rahe hai k j farm hamare nam se bana k hame do pls ham un ko enkar nabi kar sakte hamare kam karne ka ton koi proof nahi bachega pls kuch eisa kijiye k woh logo k j farm hamara kam na aaye
Sir myself(central) and my wife(state) are govt servant. We had taken home loan from private bank. My wife has been joined as co applicant to loan to enhance loan amount. Both of us are also having different salary accounts in other banks. The emi of loan is been deducted from my account. Now, I just want to know that can we claim for income tax benefits at equal ratio or not. I yes under which IT rule. Please help me out.
Dear MANOJ ..Is the property owned jointly by both of you?
Kindly read: Joint home loan & tax implications!
Hi
I am having a flat at Mumbai which is my First and only one property. I took Home loan for purchasing the same and The Interest is around 7Lac/Year. This property is also on rent since I got a transfer at Bangalore and staying there on rent.
After the new IT rule for rented property ( Up to 2 Lac from loss on Housing Property) , I have below queries:
1. Some website is claiming that this is applicable to “Second Property”. (https://goo.gl/VD3qCf). If so what is the rule for “First Property”?
2. Can I simultaneously claim full tax benefit for first property and as well as would claim HRS for my current house?
Dear Jayendra,
1 – The budget document refers to ‘house property – head’, so loss has to be calculated after taking into consideration multiple houses (if any) and then arrive at loss under this Head.
2 – I believe that Loss will be limited to Rs 2 Lakh only.
income tax ka form v prakriya aadi
Hello
I have a query with regard to interest paid on let out properties.
I have a self occupied property in Delhi which is loan free.
I have another house which is considered as “let out” property on which I have claimed the interest deduction of Rs. 350,000/- in the Financial Year 2016-17.
I understand that from FY 2017-18, it would be restricted to Rs. 200,000/-.
I’m planning to buy another house. This will also be considered as “let out” property, and the annual interest on this property loan would around Rs. 300,000/-.
My query is : can I claim the deduction of interest of Rs.400,000/- from my taxable on both let out properties as Loss from House Properties (with a cap of Rs.200,000/- on each property).
Please help me with this query so that I can plan my taxes for the year!
Thanks
Vinay
9836106985
Dear Vinay,
Yes, there is a little confusion as to whether this Rs 2Lakh is for only one Let-out property or for multiple Let-out properties put together.
I believe that it is limited to Rs 2 Lakh only for two let-out properties put together.
Read: Budget 2017 – Key direct tax proposals.
Yes I agree.
I did some further deep dive into the fineprints and it appears that budget 2017 talks about restricting the “Loss from House Property” to be set-off against Salary/ other incomes to Rs. 2 Lacs in any financial year..so it would be all house properties put together (self occupied + all let out properties).
Hi
I am a central govt employee recently posted in Jaipur. I have a query regarding HRA and HOME LOAN INTEREST.
The thing is, I have 2 house properties in two different cities and both of them are are taken on loan from banks. One is in Lucknow, which is given on rent and the other is in Jaipur which is also given on rent. I live in jaipur in a rented accomodation and am not able to live in my own house due to reason of my grand daughter’ school who lives with us. There are no schools nearby the house which i have bought and also its sort of disconnected from the market and daily essentials as its newly built in a area which is yet to develope.
Now, I want to know whether i can claim both, the HRA and Home loan interest benefit (of the jaipur house) as i have been told by few people that both of them can be claimed under few circumstances even if both are in regards to same city.
Dear manla ji,
Yes, you can claim both HRA & tax benefits.
Kindly read: Budget 2017 & key Direct tax proposals
I’ve few fixed deposits in banks. They are about to get renewed soon which are above 5 Lacks.
I want to club them and make it to a single fixed deposit.
With the latest demonetisation decision, I’m hearing that IT is monitoring all accounts and they are sending notices to citizens who deposit more than 2.5 Lacks.
Will I be questioned by IT if I club it to single bond as it will be greater than 8 lacks?
Dear Raja..If your have been filing your ITRs honestly and/or the source of these deposits is legitimate, kindly do not worry about all these things..
Kindly read: Why one should avoid investing in FDs/RDs for long-term?
Dear Sir, plz tell me how to inter 4 digit number of pan as DD/MM/YYYY format during calling to CPC. My 4 digit number of PAN is 6102.
My problem is as under.
My client is NRI. He had sold Flat situated at Ahmedabad during F.Y. 2014-15. A buyer had made TDS u/s 195 because seller i.e. my client is NRI. Buyer had made TDS after obtaining TAN.
Now at the time of preparing his return of income, I have claimed TDS u/s195. But my software and income tax utility has raised query that I have not claimed TDS by feeding details of Form 26QB. A person deducting TDS on property sale is required to make TDS using his PAN and not TAN.
In this case, buyer has made TDS using TAN and not PAN. So I have to show TDS under Form 16A and not under Form 26QB. I tried to show TDS under Form 16A. Here I am not able to create XML. If I am showing TDS under Form 26QB, system creates XML. But in that case my client will not get credit of TDS because TDS is made using TAN and not PAN.
Hi
I need to file tax returns for the Assessment year 2015-2016 and 2014-2015. For AY 2015-2016 i need to get some refund amount and for AY 2014-2015 full tax has been paid. Whether penalty will be charged for late filing ?
1. i am filing returns on my own with the help of ITR utility (excel). I have few doubts in the excel
there is a field called “returns filed under section” should i select “After Due Dt 139(4)” or “On or before Due Dt 139(1) ?
2. For the option – “total number of savings and current bank account held by you at any time during the previous year (excluding dormant accounts)”
Here i have only one bank account, so i should enter the value as 1 ?
3. After generating the xml, is it sufficient to upload only xml in the income tax online or anything i should do extra ?
4. compliance tab in income tax online what should be filled ?
Kindly send your response
Dear Arun,
Not advisable to suggest you on this matter online, kindly consult a CA or tax filing professional personally and get this done.
Dear sir. I am Sandeep me app ko Batangas cahta hun me Punjab ke Patran Patiala SE hun .Gante yahan Patwari Mal bipag NE private ladke rakhe he Jo kissan SE bahut fees basul kar rahe he risvat let’s hen me app SE phone par BAAT Karna cahta hun Puri detail Dena cahta hun
I wanted to link aadhar card in e-filing portal, But it is showing gender mis match even though PAN card and aadhar details are same. Why is it so?
Even I am getting the same message. Can anyone in this forum help and advise
Sir,
I am working in a company and paying income Tax through the employee for the past 7 years. I have a own house and paying a home loan for this house and it was filling as self-occupied property in IT declaration. 1 year back my father expired and now I am getting rental income of 20000/- from father property (which is a commercial building of 8 shops built around 20yrs back and no housing loan) shared between brother and me as per Father Will. I am receiving rental income by depositing CASH in my account number by my brother. Whether I need to file IT declaration for this income and if so in which section I need to declare (As a let out property or as other income ). Is it I need to provide proof for this income. I have only my bank statement as a proof.Please help on this ? thanks
Dear Ramky,
Yes, you need to declare it as one more house property (which is a let-out one) with rental income.
There is no need to submit any proofs along with ITR.
You need to calculate your ‘income from house property’ and declare it in your ITR.
Kindly read: Income from house property calculation.
Thank you sir for your prompt reply
The ITO has issued a manual refund cheque as the refumd is for AY 2006-07. The cheque was returned by DBI treasury with reason Already presented. They say that OLTAS shows paymemt made, whereas cheque is returned to me. Plz advice what is to be done.
Dear Meena ..Suggest you to kindly submit your grievance through e-Nivaran online portal.
I AM OFFICER OF FCI (PSU) .RS 1375/- IS BEING DEDUCTED FROM MY SALARY FOR CASHLESS MEDICAL TREATMENT OF SELF/DEPENDENT DURING SERVICE/AFTER RETIREMENT i.e.BASIC PAY+DA . I AM RETIRING ON 31TH AUGUST 2018 & STARTING DEDUCTION W.E.F 1st SEP.2015 i.e.36 INSTALLMENT.
THE SAID AMOUNT IS NOT MENTIONED IN F-16 SPECIFICALLY.ACCOUNT BRANCH SAYING THE OUR ONLINE SYSTEM IS NOT SHOWING .
I REQUEST YOUR GOODSELF IN WHICH ACT OF IT THIS AMOUNT WILL BE DEDUCTED .THIS SCHEAME IS JUST LIKE MEDICLAIM POLICY( WHERE CASHLES TREATMENT WAS UNDERTAKEN IN SPICIFIED HOSPITALS. POLICY HOLDER GET REBATE IN SECTION 80 D.
CAN I GET REBATE UNDER SEC.OF IT SAID DEDUCTED AMOUNT UNDER SECTION 80-D i.e. Rs1375 *12=16500 OR Rs.15000/- FROM TOTAL INCOME
YOURS REGARDS
VIPAN KUMAR VERMA
MANAGER(MOVT.)
FOOD CORPORATION OF INDIA
DISTTT OFFICE GURDASPUR
treat it most urgent in replying my quarry or see food corporation of india medical policy of (MHS) as I stated above
Sir aap she ek abed propty ki bat krni h
All the medical rules are implemented in food corporation of India.or Public Secter undertaking (PSU) are go beyond Govt.of India.
Dear vipan,
If the amount that is being deducted for a Medical insurance policy, you can claim it under Section 80D.
For threshold limit details, click here..
Sir,
Here I CLARIFY YOUR GOOD SELFSELF THIS DEDUCTION FROM SALARY (ONE TIME DEDUCTION FROM SALARY TOWARD IPD TREATMENT FROM SLECTED HOSPITAL i.e BASIC PAY +DA DEDUCTED AT THE TIME OF RETIREMT OR 36 INSTALLMENT BEFORE RETIRING DATE.
KINDLY ADVISE AT THE EARLIEST
Dear Vipan,
As this is an employer specific plan, I need to have a look at the Insurance plan document before advising you on this. Kindly share any link about the policy.
THIS ONE TIME AMOUNT DEDUCTED FROM SALARY I.e.BASIC+DA IS USED MEDICAL TREATMENT OF SELF / DEPENDENT FOR THE WHOLE LIFE WITH ANY PAYMENT IN SLECTED HOSPITALS WHICH HAVE AGREEMENT WITH F.C.I.FROM TIME TO TIME INDOOR TREATMENTS
Dear Sir,
I want to know about section 44 ad. My friend is working in organization and also running bussiness.
How can he pay under section 44 ad and lets say his salary is 12 lakh per annnum and business turnover is 30lakh how much tax he is liable to pay.
he is earning from google ads. payment is coming from singapore.
Thanks
Jatin
Dear Jatin,
Suggest you to kindly consult a Chartered Accountant.
Dear sir,
two of my friends has transferred more than 10 lakh rupees in my saving account(by NEFT OR IMPS) to do trade in commodity from my trading account.
my query is- do i will have to face income tax department or will i have to pay tax,as money will be showing credited in my account??
for your information i have not gain any profit,and they lost their within a month.
pls reply
Dear manish,
Yes, you are liable for taxes if any.
Advisable not to repeat this for your own good.
Can i submit my ITR-1 File for For the year 2013-2014 & 2014-2015 ?
Dear Mithun,
In one financial year you can file your IT Returns for previous 2 financial years. For example – in the FY 2016-17, up till 31st March 2017, you can file return for the previous 2 financial years 2015-16 and 2014-15.
Hi,
I am planning to move back to India in Jan 2017. Joining new comp in India from Jan.
I am currently in US on H1B visa and has paid taxes here from Jan-Dec 2016.
Somebody told me that when you move back to India you need to pay taxes again from April-Dec 2016 which earned in US on a payroll.
Is this true?Do I need to pay tax on already taxed income which i earned in US.
I know I have to pay tax from Jan in India since.
Thanks
Dear Madhu,
It depends on your Residential status. Kindly go through below articles;
How to check Residential status?
Do I need to file Income tax return?
Sir,
I Manoj Janardan Pawar was full time PhD scholar at Malaviya National Institute of Technology, Jaipur from July 2013 to July 2016. During period mentioned, I am receiving scholarship for my PhD. My income details for last four years are as follows,
Assessment year Financial year Source Income (Rs.) TDS deducted (Rs)
2013-14 2012-13 Salary (AITRC Vita, Sangli) & 122256 6040
Salary (ADCET Ashta, Sangli) 277992 8600
2014-15 2013-14 Salary (ADCET Ashta, Sangli) & 181161 9500
Scholarship (MNIT Jaipur) 136000 Nil
2015-16 2014-15 Scholarship (MNIT Jaipur) 273600 Nil
2016-17 2015-16 Scholarship (MNIT Jaipur) 392400 Nil
I had filed the IT return for the assessment year 2006-07 to assessment year 2012-13 but not filed the ITR for period mentioned in the table.
In context with above mentioned earning I have few questions
1. If, I want to file IT return for above mentioned period which ITR form should I need to fill? What is the procedure to file such ITR?
2. Where to fill the earning from scholarship in the IT return form?
Manoj
Dear Manoj,
If your payer has already deducted tax and issued you a Form 16 this shall be taxed under the head ‘Salaries’ otherwise this is usually taxed under the ‘head income from Other Sources’.
If your total income from all sources in the financial year exceeds Rs. 2,50,000, you must file income tax return. Even if it does not exceed, still you can file.
You can file ITR-1. Kindly read: Which ITR form to file?
You can file belated returns for two previous years.
Hi Sreekanth,
If we want to give information on someone’s black money to IT department, please tell me the process. Is there any online service for this.
Thanks
Hi Srikanth,
My Tax return is processed for the AY 2015-16. And we want know is can we transferred this case to AO. How is it possible ways ? and My I didn’t get refund?
Dear praveen,
You can submit your grievance through e-Nivaran portal..
Dear sir iam ex army and aim working as a school bus driver in Dubai from last 24years now iam 66years old so company finish my job at31stDec2016 so they give my grejudety maybe 13 lakhthey send my NRE account sir this Monday is no need ITR please advice me iam poor man not big parson thanks
Dear Parasram Ji..I believe the Gratuity amount is not taxable in India.
RESPECTED SIR, I AM A HOUSEWIFE, HAVING A SAVING ACCOUNT. I WANT TO KNOW, WHICH ITR FORM TO BE FILLED FOR IT e-RETURN ?
Dear PRABHA,
Kindly read : Which ITR form to file?
Respected Sir,
I have been working for 7 years and have saved around 8 lakhs in total. The money was with me and my relatives and not in the bank. Now after demonetisation the relatives have started returning the money and I am left with 8 lakhs and 4 thousand rupees of 500 and 1000 rupees notes. I have an IT file and paid my taxes genuinely and have 12 Lakhs as cash in hand in IT returns balance sheet. I want to deposit the money in my savings account but people are telling me that any amount above 2.5 lakhs will be penalised with heavy fines and I will lose all my money. Please tell me what should I do as I dont want to lose my hard earned money. Sir pet kaat kaat ke ek ek paise jode hain, din bhar bun khake paise jana kiya tha. I am completely helpless, please advice. If I lose my money I should go and die because I will have no options left. Sir please advice. Please sir. I beg you. I hope you understand my situation.
Dear Vishal,
As long as the savings are through legal sources of income and if you have been filing ITRs regularly n honestly, kindly do not worry about any one or any thing.
Even, if you got a compliance notice, you can submit documentary evidence to justify your stand.
Else, you can deposit the amount in installments. Some installments can be deposited in the beginning of 2017.
can i taken a cash in old currancy after 8 nov to 30th dec 2016. i have running computer educaional center .
Hi..Kindly do not accept old high denomination notes any more.
I purchased a flat for Rs. 40,00,000 /= (Rupees forty lakhs) in August, 2015 by paying the amount by way of cheque from my NRE account. Later I entered into a agreement for the sale of this flat for the same amount of Rs. 40,00,000 /= and I received all the amount in cash on 1 November, 2016. As I am an NRI and presently out of India, I did not complete the registration of the flat and meanwhile the issue of demonetization of Rs. 500 and Rs. 1000 /= erupted.
I would like to know whether, I can deposit this amount of Rs. 40,00,000 /= into my NRE account without any problem and proceed with the registration of the flat.
If I deposit the cash amount in the bank will I have to submit any clarification to this effect with the filing of Income tax returns, if so what kind of clarification? Will I have to face any problem with the income tax department?
Please clarify.
Dear Amanullah,
As there is no limit for cash deposit into a bank account, you may do so. But kindly save a copy of Sale agreement and also make sure that the registered value is for Rs 40 Lakh, so that you can justify your stand in case if you receive any ‘compliance notice’ from the IT dept.
Thank you very much for the valuable advice.
Dear Team,
I was holding approx. 10 lac ruppy in my NRE account. Now in the month of November I sent Money to my family to initiate some business via NEFT from NRE account. But amount was in cash of 500 and 1000. In NRE account PAN card is not required and while filing ITR 2016-2017 there was no need to declare foreign income. Hence NRE account holed income was not declare. Amount of 10 Lac needs to be transferred in My normal account, will I face any problem? I am ready to submit NRE account statement while going for deposit.
Regards,
Milan Thumar
UAE
Dear Milan,
There should not be any issue in this scenario. Keep the NRE statement for future reference.
Dear sir,
if I am paying income tax of 30000 for last 4 years , can I deposit cash now of 500000 . this cash I used in the BC parties . I am withdrawing 10000 from my account each month and depositing in bc party . but now since the notes are of no use I need to deposit it in bank .will tax be applicable to me .
Dear amit ..May I know what are ‘BC parties’?
Dear sir my
Name-Nagendra kumar yadav
Sir I apply 2016 ITR e filling date.-08-08-16
But my case this time date-7-11-16 only stetus hase been processing in iam Colling to customer care no
Please sir my refund fast credited kre it’s most important
My mo. 87369544**
Pan-AHKPY392**
Dear Nagendra..You may submit your grievance on your ITR processing & refund status here..Read: E-Nivaran online grievance redressal system..
Sir TDS Return file but quary for Unmatch challan so please informatiom me.How Corrction in Revise return towords i am correct in trace but not open justification file
Dear Dipaksinh ..Suggest you to kindly consult and take help from a CA.
Sir meay 10th pass sarkari job cahey contact no ,7351589714
Hello Sir, my CA has forgot to mention my refund of Rs.9000 while e-filling of ITR. Later when we realized the same, he re-submitted my ITR & claimed for refund. But yet after a month I’ve not received any reply from the department of regarding the refund processing. So I’m worried whether my refund claim is accepted or not.
Dear Krishna ..You may have to wait for some more days.
In case if your ITR is not processed even after some weeks, you may submit your grievance through eNivaran online facility.
Sir,
My father-in-law would like to give me ₹ 20 lack IN CASH as gift. I am an income tax payee. Since, he comes under “Relatives”, it is a tax fee income to me. Please clarify following.
1. Should I require to show the amount in my ITR OR Alternatively, can I make a Gift Deed in plain paper both signed (for source) ?
In ITR, it is not possible to show under head “Income from other sources”, and also there is no provision under head “Exempted Income”.
2. Should I deposit the cash in a Bank, or can I keep it cash as long as I want.
Dear SATHISH,
1 – Advisable to show it under ‘Exempt Income’ in your income tax return. You need to just disclose the gift amount. You may do both.
2 – May I know why is your FIL giving it in Cash only?
Please my pan.no.aekpj959** my office closed so refund posts return. Please reissue refund
What is proper format to input DOB while making call to Toll-Free Number. Everytime it say Invalid Input, please help
Dear Sanjay ..Kindly cross verify your actual DOB with the one in your PAN card. Are they both one and the same. (Format is DD/MM/YYYY).
Sir,my PAN NO is BAKPK746** & My DOB IS 02/05/19** the how will verify my pan no in CPC Enquiery.
How to write my 4 number Pan numerics in dd/mm/yyyy format.
Sir, I have submitted ITR for f y 2015-2016 but form 10 E has been left for submission and I have claimed rebate under section 89 but CPC has not given 89 rebate .I have filled revised ITR on 25 September 2016 please guide correct procedure for rectification. Thanks & Regards. B R Gautam
Dear Gautam ..Suggest you to kindly consult a CA.
HelloSir mera PAN no ASQPC 43*** mera Refund nahi aya hi
sir ji mera pan card no
CNRPK68*** Hai
mera refund nhi mila mere ko
mera act no 33468697***
state bank of india
taraori branch me hai
plz help me
my cont no
8529024001
I filed my return of this year before the due date. I had yet not submitted my ITRV FORM.
Now i want to revise my return. shall i revise after or before submitting my ITRV of original return.
And under what section I have to file .
Please guide me.
Thanks in advance
Dear Rajesh ..Why do you want to revise your return?
You can file revised return (if required) and send the ITR V of the revised form to CPC (or you can e-verify the revised return).
MY PAN NO: BUCPG43*** MY ITR V RECEIVED 03.06.2016 when we credited my refund amount my account. i have already completed 3 months.
Hello Sir
My ITR V status says ITR V received, when can i expect the money to be credited to my A/c ?
Thanks & Regards
Kamal Nayan
Dear Srikanth Reddy,
I fill my ITR on July 31st 2016 but till today i does not received my refund i also send my ITR through Indian Post when we go check with in post office they told me its deliver but till today no status
On 22nd august i will do e verify through my net banking its seems successfully e verified but till today not received my refund
On 15th august our PM saying in lalkila maximum 3 weeks every one get refund but still same situation is going on can you suggest me what should i will do take my refund immediate
Please help me
Kindly wait for some more days dear Abhishek .
Even I have the same issue as that of Abhishek. It’s showing status as ‘refund successful on 18/aug/2016’ but I have not received refund on my bank account. What to do?
Dear Dheerendra ..You may use the newly launched e-Nivaran online facility to submit your query or grievance.
Kindly read : e Nivaran – online grievance redressal system.
i am a salaried employee with no other income and I have not efilled the income tax returns from 2011-2012 due to lack of knowledge and also i gave it to a CA in 2010-2011 he filled IT returns for me with 13,000/- tax to be paid (my salary at that time was around 2 lakhs per year) i was shocked and lost hope on CA, now got some knowledge and filled returns for 2015-2016 & 2016-2017.
I need your help or suggestion to file IT returns for 3 years in middle as well i.e.. 2012-13, 2013-14, 2014-15
please advise and i appreciate your help a lot
Dear Prashanth ..I believe you can file only AY 2015-16 & AY 2014-15 ITRs now.
i have taken a salary advance from my company, and it is being deducted from salary every month. can this be exempted from tax by calculating the tax after deducting the salary advance
My return, filed by one of my friend, consultant, last year and this year also, but having my home loan I could not get refund, can I claim last year refund? along with current year also, please let me know,
Thanks and regards
Dear Rajendra ..If your ITR has not been processed then you can REVISE your ITR.
The revised return can be filed till the end of the next assessment year. For example the revised return of assessment year 2016-17 can be filed till 31 st March 2018. But there is a condition, assessment of the return should not be done by IT department before filing revised return.
I filed ITR-IV for AY 2013-14 in a Aayakar Seva Kendra (ASK) Kochi (Kerala) vide no. 071290713007920, AO- ITO WARD-3(2) KOCHI. The form was duly filled and signed and rechecked for being error less.
Till date I have not received refund for that ITR. The reason told to me was that my PAN was issued in Maharashtra and the same is required to be transferred to0 Kochi, Kerala to process refund. The Income Tax officer told that he cannot tell how many days it will for PAN transfer.
ITR was submitted at ASK on 29/07/2013and refund is still due.
Please guide.
Dear YASHODHAN,
Even if your PAN is linked to MH IT dept database, I believe that REFUND should have been issued by now.
Did you ask as to what is the status of your ITR?
Sir,
I am a newly admitted Ph.D. Scholar at IIT-KGP, and for this, I am eligible to receive research fellowship of Rs. 25,000/- per month.. This amount will be directly credited to my SBI bank account.. I also have one e-RD for two years linked to this account with monthly installment of Rs. 2000/- per month… Obviously, I will be getting some interest on this e-RD.. I don’t have any other source of income or bank account…
Now, I want to know whether or not I have to pay any Income Tax for this, or it will be automatically deducted before it credited to my account… If I require to file IT, then what procedures/steps (preferably online) should I follow… Please elucidate clearly… I have no relevant knowledge in economic arena…
Thank you for your kind and quick reply…
Dear Saha,
You can submit Form 15G so that banks wont deduct TDS on the interest income on RDs.
However if the interest income from RDs is more than basic exemption limit (Rs 2.5 Lakh per year) then such income is taxable.
If it is less than Rs 2.5 Lakh and if in case your banker deducts TDS then you can file income tax return and get that TDS amount as REFUND.
Read:
FDs/RDs – tax implications.
Income tax rates AY 2017-18.
TDS & misconceptions.
Congrats for gaining admission into IIT. All the best!
Dear Sir,
My PAN no. CFDPS5****. I have received intimation 143 (1) on 06.08.2016 in the assessment year 16-17 but refund not received till date. Please confirm time of refund .
MY PAN IS AIGPK78*** Received intimation us 143(1) on 22-07-2016 but no refund till this date and not shwn file process i our efiling accounts
I have taken a loan and builder had sent final payment request on 31st Mar saying that construction is complete and take handover after making final payment. which I did in 1st week of apr. Given that construction is complete by 31st Mar, can I take loan interest exemption. can I take exemption of >2 lacs and show notional rental of 1 month
Dear PM,
Did you get possession certificate in FY 2015-16? Also, you have paid the final payment in FY 2016-17, am I right?
So, in all probability you can claim tax benefits from AY 2017-18.
Sir,
On 30-07-2016 I filled my tax return in ITR-I as per form no 16. As a senior citizen I have no tax to pay. An amount of Rs. 6397=00 have deducted from my other income source.After entering TAN , Name of Deductor and amount It show a refund of Rs.6397=00. But due to internet failure I can’t submit the form on that day.Date also extent to 5-8-16. I try to submit the form on 1/8/16. After verification its show that Refund is zero in column no 26.(Excel format ITR-I). In TDS-2 all items are ok. How its happen? Which column I will mention refund?-AY-16-17
Please inform me Sir,
Thanks,
Chelate Benedict
Dear CHELATE,
Refund is not manually entered, it is auto-calculated (auto populated).
Are you trying to file it online? Have you already submitted the tax return with zero refund?
I am trying to fill online. auto calculation shows zero .I was wait for your reply.I will file on 5/8/16 in ITR I( which is suitable ITR-I OR 4S )
I’ve three form 16’s, Worked for 4yrs 11months @ X company and X company maintained its own gratuity fund and deducted tax on Gratuity thus resulting in two form 16’s from X company (Two TAN numbers: 1 TAN for normal salary, another TAN for gratuity) & worked for Y company for another 3months in FY2015-16. Can i claim tax which is deducted under gratuity ?? If so where can i show and claim in ITR2 form ?? Please help me claim tax deducted on gratuity.
In form16 for Gratuity, its mentioned as “Income under head salaries” and deducted tax on it
Dear Deepak,
Kindly read this article, can be useful : Gratuity payment and income tax implications.
Hello,
I purchased a property in March 2016 (registry date). Me and my wife are both co owners. She should be able to claim 50% of the stamp duty value under 80C, but i wanted to confirm as the money in total was paid in cash.
For myself, Only one emi has been paid for this HL this year and I only am paying it. Can i claim deduction on entire emi amount or only 50% of the emi amount?
Questions are for filing ITR for FY15-16.
Thanks for your time and help.
Dear Sachin,
She can claim 50% of stamp duty u/s 80c.
Has the EMI been paid from your individual account? Is your spouse also going to claim a portion of EMI as tax benefit?
Dear Sreekanth,
Yes, EMI has been paid from my account only and my wife is not going to claim any portion of EMI as tax benefit.
Thanks!
Dear Sachin ..In that case, you can claim the tax benefit (100%).
Sir,while efiling in income details 80G is showing grey color. Then I filled 80G with all details.But still in income details 80 G is grey color.I donated Rs. 1000 to SEESHA.please help
Hi Sreekanth,
I have submitted Income Tax returns from E-Filling site, by selecting assessment year as 2015-2016 instead of 2016-2017.
Later I also submitted Income Tax Returns for 2016-2017 with correct assessment year.
Can you please tell me, how can I discard wrong ITR submission i.e with 2015-2016 assessment year.
Dear Mohan ..You should have just revised the original return.
To be frank, I do not have the right answer to your query.
But, I believe that if you have filed AY 2015-16 (last year) and is processed then your return (2015-16) might be discarded automatically by the IT dept as it is not a revised return of the AY 2015-16.
SIR,
A DEMAND NOTICE RECD FROM CPC BANGALORE FOR AY 2013-14 I HAD ALREADY OFFLINE RETRUN FILLED AT NAGAUR (RAJASTHAN) IN MY RETURN TDS DEDUCTED BY EMPLOYER Rs 12875/- & SELE ASSESSMENT DEPOSIT Rs 977/- TH BANK BUT AT THE TIME OF PUNCHING NAGAUR OFFICE NOT ENTERED MY BANK DEPOSIT CHALLAN HOW CAN I SETTLEMENT THE DEMAND??
pL ADVISE US WHAT CAN I DO?
thanks & regards
r k joshi
Dear RAMESH ..Kindly read: How to pay outstanding tax demand online?
Hi sir,
I have forget my t pin .how I can get it again? t pin required for final submission.
Hi sir ,
I amworking in psu in supervisor grade. And I am getting lease instead of HRA. Can I rebate on the lease amount . I see on internet section 80GG but could not understand this section. So please tell me about this section and can I rebate . I have a flat in other state not using for residence purpose . where I working I live in rent.
Thanks sir
Dear Bhim,
Section 80GG tax deduction is available for those individuals who are not salaried and do not receive HRA.
One should not own a house at the location where he/she works (in your case its in diff city).
You can claim tax deduction u/s 80GG.
The extent of tax deduction will be limited to the least amount of the following;
Rent paid minus 10 percent the adjusted total income.
Rs 5,000 per month.
25 % of the total income.
Hi Srikanth,
In AY 2011-12, there were some disputes in filing income tax. I got a demand from CPC (section 143) to pay some amount. On 2015-16 I accept their claim and paid that amount. After two days again one demand came for the interest of it (section 220(2)). I have also paid that in the next month on 2015 itself. Now during paying time, I consulted with the CA, and according to him “Minor Head” was selected as “300-SELF ASSESSMENT TAX”.
Now when I am going to submit ITR for this year, I can see, the demand is still in my name. I asked CPC, and they told me “Minor Head” should be “400-” instead of “300-SELF ASSESSMENT TAX”. Now I asked him how I can I resolved this. He is saying to go and meet AO for this.
Please suggest me what I need to do for this? This is quite embarrassing, I have paid the money one year back, and the money is with income tax only (it was deducted on that day from my net banking). Don’t know how all this is managed.
Thanks,
Manab Sarkar
Dear Manab,
YEs, 400 is for REGULAR ASSESSMENT and should have been selected.
300 is for SELF ASSESSMENT, what we generally select when filing the ITR before 31st july for a given FY.
Kindly meet AO and I am sure this will be rectified.
You may also ask your CA to act as a representative and he/she too can meet the AO and get this sorted out.
Read: How to pay outstanding tax demand online?
Hi Srikanth,
Thanks for the reply. Could you tell me how I can find the AO officer? Actually I am in Bangalore from last 5 years, but my PAN is created from West Bengal, from where I actually belongs. So when I am going to search AO, it is showing address of KOLKATA.
This demand was created when I was in Bangalore. Can I contact any AO from Bangalore? Is it OK if I visit income tax office for AO? How I can find an AO to discuss this?
Thanks,
Manab Sarkar
Dear Manab,
Click here to know your Jurisdictional Assessing officer.
Suggest you to kindly update your communication address linked to PAN, as the IT dept uses the details which are in PAN database.
Hi,
I payed my income tax through atm cum debit card option after 8pm using SBI portal.
The transaction was completed by I did not receive the challan number for it.
Is there a way to get the details, bank is not much of help.
I have the transaction reference numbers
thanks.
Dear Aditi,
Kindly try the below steps;
-> Click on the link ‘Status Enquiry’ under ‘Enquiries’ Tab after login with your ID/PW.
-> Select the date range to view the transactions during that particular period.
-> Clicking on the corresponding reference number of Tax Payment transaction will display the links to view & print the challan.
For printing of Tax receipt;
-> Click the link Generate Receipt under e-Tax banner on home page of Onlinesbi.com. Select Merchant Names as OLTAS.
-> Input your PAN, Account number and date range. System will show a list of all tax payments using ATM-cum-debit Card with a hyperlink to the reference number.
-> Click the reference number to generate and print the receipt.
today i recived a notice from income tax department regarding not filling ITR for fy 2012-13. on that particular year i traaded in share market and commodity market making huge loss. i didnt file return for that prticular year due unkoinwn reason or i just took lightly that i will file 2012-13 and 2013-14 fy return simulteonasly. but i didnt. otherwise i have filed return every year. i missed the bus that poarticular year. my question is whether can i file ITR for that particular year 2012-13 or should i have to pay penalty, what should i do? please suggest.
Dear Rishi,
Did you have any taxable income during the said Assessment years? Kindly check if there is any ‘compliance notice’ by login to IT dept e-filing website.
Kindly read this article : How to reply to non-filing of Income Tax Return notice?
If you wish to file your ITR for FY 2013-114 then you can file..
In one financial year you can file your IT Returns for previous 2 financial years. For example – in the FY 2015-16, up till 31st March 2016, you can file return for the previous 2 financial years 2014-15 and 2013-14.
HI…
HOW MANY DAYS TAKE FOR TDS REFUND .I HAVE SUBMIT MY FILE BEFORE 3 MONTH BUR STILL NOT GOT.
C.A TOLD ME ITS TAKE AROUND 30 DAYS IF ATTACHED MY ADHARA CARD .
I invested only in delivery last year but the number of transactions i did with my 20 Lakh capital is 10. ie i bought and sold several stocks in last one year with this amount. Over all i made 6 lakhs profit ( stcg). I am really confused whether i have to show the full value consideration as 2 crore 6 lakhs (approx 10 x 20 lakhs+ 6.5 lakhs – Brokerage 0.5 lakhs) =20600000.
and cost of acquisition as 2 crore. This will project the money i invested as a huge amount. is it correct or wrong ?
How do i capture the money spending on purchasing research report, internet connection..etc..
Can i consider these amounts in cost of improvement ? if not what all items can be considered for cost of improvement.
Dear PAUL ..Kindly consult and take help of a CA.
Initially I was getting around Rs 8000 per month for a year but my actual salary is around Rs28000 now I got the remaining sum which is upto 3lakh in FY 2015-16 in addition to the salary this adds upto 7-8 lakh in FY 2015-16. As per me taxable income is may be upto 3 lakh… But taxable income shown is 7 lakh…what to do in this scenario???
Dear Anil,
This is the case of ‘Salary arrears received’..kindly read this article, click here..
Dear Sreekanth,
I have filled my ITR online, but during e-verification i don’t have mobile number registered with Aadhar card ( which i am already in process to change) and the bank account linked with ITR is no more in use.
Can you please guide me, how to change the linked account number with IT department as i want different account number, so i can use it for EVC through netbanking.
Regards
Vishal
Dear Vishal,
Kindly Login to IT e-Filing website, click on ‘Profile Settings’ and select ‘Pre-validate Bank Account’ to get EVC.
If shall be very nice of you if you can help me out with a query.
I was working for a PSU for last 3 years and 9 months and was regularly filing IT returns.
Presently I have resigned from my job for educational purpose and the PF have been returned to my account.I found out from form 26AS that a TDS of 10% have been deducted for the PF amount along with advance tax for the first 9 monts of the job. Now while filing IT return what should be my total income. I have claimed deductions under 80C for all the first 3 years, now how am i suppose to balance the same.
Dear Somnath,
Kindly read:
EPF withdrawals & new TDS rules.
Tax benefits can be revoked..
I have been receiving AO notice for payment of 8797/- for AY 2008-09. I have paid the 6843/- through chalan at SBI branch in Faridabad. My AO is in Gurgaon and I am located in Bangalore. Can this case be transferred to Bangalore? Kindly assist. PAN: BAIPS3593R Ph: 9590655699
Dear Chanchal,
You can nominate a REPRESENTATIVE to meet your AO. It can be a CA too.
Dear Sir,
Manual Returns are not accepting for 2014-15 A.Y. and earlier Assessment Years, when there is refund. We can not e file those returns, as we have not received any notice from the department in this respect. How to file. Kindly clarify.
Dear Padmaja,
One can not claim REFUNDS for previous assessment years if ITRs have not been filed within due date (last date of filing).
Dear Sir,
This is regarding my ITR three years back, assessment year 2012-13. I filled my return online but forgot to dispatch the ITR-V to CPC. I have received a mail from Income Tax Dept this month where it has been mentioned that as a special incentive the ITR-V can be submitted by 31 Aug 2016. While getting to print out my ITR-V, I noticed that there were some minor defects in the return I have filled. Now I want to modify the return and then send the corresponding ITR-V. Under what clause can I modify the return now and do I have to pay penalties for that? I didnot have any Tax dues. Thanks
Dear Arjun,
Whether tax dues are applicable or not, it depends on what kind of DEFECTS / DISCREPANCIES are there.
I believe you can file RECTIFY your returns.
Kindly take help of a CA.
Read: How to e-verify past AY ITRs.
Sir,Kindly issue clarification on following:
1.My wife has no income.she received 3lac by cheque from her father on 29-2-16 and further invested it (2 lac FD and 90000 PPF.) on 3-3-16 &6-4-16 respectively.Her father is a salaried person so is I.Can this transaction effect my tax liability?Kindly reply early.
Dear Rajiv,
This transaction can be considered as a GIFT.
Kindly read : Gifts & income tax implications.
Dear Sreekanth,
I have a query regarding taxation for fiscal year 2015-2016.
Currently am residing in Singapore from 15th Nov 2015 till date. ( Am not a NRI )
I have paid my taxes in Singapore for the month of November and December ( And under Double Taxation Agreements ) , am not liable to pay taxes in India for these 2 months.
But the fiscal year of Singapore is from Jan – Dec , and hence I haven’t yet got my tax reciepts/Statements for Jan’16-Mar’16.
Since the fiscal year in India is from April-2015 to March-2016 , How do I avoid double taxation on the income earned between Jan’16-Mar’16 in Singapore?
Or what is the procedure to take the advantage of Double Taxation Agreements treaty in such cases ?
Thanks & Regards
Amit
Dear Amit,
Yup, tricky scenario. Suggest you to kindly take help of a CA. Do share the learning here, will be useful to all. Thank you!
Dear Sir,
I have changed company in Sept-2015, So I got 2 form-16 from both employers. In previous employer form-16(before Sept-2015) my HRA & LTA are not considered for exemption, Now how could I claim it.
Also I have purchased a home 3 years before, for purchasing I haven’t incurred housing loan, I have taken 2 personal loans & arranged some amount from friends, still now I haven’t claimed tax benefit on home. Shall I claim the tax exemption on it?
Please do needful for both concerns
Dear Sanju,
1 – Allowances like HRA or LTA can not be claimed now while filing ITR.
Even if you miss the deadline for submitting the investment proofs, you can still claim all the tax deductions (except few allowances like LTA or Medical allowance) while filing your Income Tax Return.
2 – Have you got the possession of house?
Thanx for response…..Yes, possession letter is there. I am the second owner of the property, at present I live in the same house. Now I came a cross one of your blog, had a thought to ask about this. If this case is possible its a huge benefit for me. Kindly tell me, how should I proceed and what all documents required?
Because I took 3 personal loans(one closed in sept-2015, paid 6 emi in financial year 2015-2016) and some of the amount arranged from friends, to whom I monthly transfer the EMI of the loan, which he arranged from financier.
Dear Sanju,
If you can prove that you have used the loan for a valid expense (house construction etc), you can actually use your personal loan for tax saving and claim tax deductions on the interest paid on the loan. Kindly note that Principal amount can not be claimed as deductions.
Preserve all the documents needed to provide proof that you have used the loan amount on a house. If you have used the amount to carry out repairs or renovations, preserve the bills for materials and labour. These are needed to claim your tax deductions.
The same applies to loan from friends or relatives too.
Hi
I purchase a flat in May 2013 for which i have taken a loan of 25L (monthly EMI 25,000). In apr 2016, i got the pocession of my flat and is currently vacant. what is the tax treatment of interest of my home loan. Also, when can i get the full exemption on interest on home loan. Can i claim this benefit for the year 2015-16. Also, from which year can i get exemption interest on pre construction period.
Thanks
Vipul
Dear Vipul,
You can start claiming the prior-period interest + regular interest (subject to ceiling limit) from the Assessment year 2017-18 onwards.
Kindly go through below articles;
Under-construction property & Income tax benefits on home loan.
Income from house property & tax benefits on home loan.
I want income tax pay of my bank interest through net banking. what is the challan no i donot know, please help me.
Dear KAILASH ..I believe you are referring to ‘tds on bank interest’, am I right?
You can find these TDS details in your Form 26AS or Form 16A given by your banker.
Kindly read: Form 16 & Form 26AS details..
One bank deduct tds on fd and sent form 16a to me but other bank will not deduct TDS on FD under section 194 A. In form 26as all two banks tds details mension. Two banks fd interest I am showing income from other sourse. Now on efile itr in tax verification tab showing tax payable sum amount. how to pay that tax. If through bank challan,What is the challan no (showing E-Pay form e.i CHALLAN NO./ITNS 280/280/281/282).
Dear KAILASH,
You can just add the interest income to your ‘total income’ and calculate the taxes accordingly.
Thank you sir for your valuable comments, but What is the challan no (showing E-Pay form e.i CHALLAN NO./ITNS 280/281/282/286) I confusued please gide me. this is the advance tax or self assinment tax or asle other.
Dear KAILASH,
1 – If you are paying income tax opt for Challan no 280.
2 – Select 0021 option
3 – 300 for self assessment or 400 for regular assessment (if you are clearing old tax dues).
I have provided these screen-prints in this article, click here..
thanks
hi sir
I want to know that can I file itr for the years 2009-2012 as I was getting salary by cash and during this period my salary was only 10000 rupees
Now my employer want me to file itr for that period
is it possible with any penalty or not
please help
Dear Rohan,
In one financial year you can file your IT Returns for previous 2 financial years. For example – in the FY 2015-16, up till 31st March 2016, you can file return for the previous 2 financial years 2014-15 and 2013-14.
For very old returns, they can be filed as a response to an income tax notice.
Dear sir,
I own a 2 flats where we (me and my wife) are joint owners. we have rented this flat. while declaring in my Investment declaration in office I have put 50% of rent amount as my income. For other flat done nothing. both the rents are credited to my wife’s bank account which is jointely held by her and her Mother.
Is there any tax liability she will have? 14500/- amount is received on my monster-in-law’ss name as car hire policy as car is on her name. so total income she gets on her bank account is : 14500+15500 (7000/- i am showing as my income) and 18000.
will there be any tax liability to me or my wife?
Dear Manas ..She has to include her share of rental income in Income tax return.
Dear Manas,
As per Income tax Act
If one or more property owned by co-owners and both are not rented then,
Assessee has to treat one house as a deemed rent and other house as self occupied home.
If in your case both house are rented and you both are joint holder.
50% share of rent will include in her income
For more details please call
Regards
CA Ankit Sachdeva
9910464911, 9871178227
this means that I have to show 50% of rent as income in my account?
Sir when try to it refund and try to register my details,but reply ur already registered,call,customer support,but they not received my call,how can I recover my I’d,last year I recover my it returns by it brokers,what can I do?
I have partly understood your query .I have need some more details for solving your query.
Please contact to my number then i will assist you more better way. My details Mention below:
Regards
CA Ankit Sachdeva
9910464911, 9716800034
Can we just go and meet the assessing officer? Do we need to book any appointment or know the availability of the officer?
Dear febin..I believe that you can just go and meet AO. kindly note that any of your representatives like a CA or lawyer can also meet AO.
Sir i have filed my itr for assesment year 16-17 on 14 april, my tax was deducted from bank and i received my tax refund on 14 may, but after that the bank again deducted another tax for that year, so please tell me what should i do so that my deducted tax can be refunded.
Dear NITIN..Another Tax? Is it TDS? Did you check your Form 26AS and included all TDS entries in your ITR?
yes sir tds. when i filed the return the tds was deducted for december 2015, but now again tds is deducted for march on 16 may.
now new enteries are included in that
Dear NITIN..Without going through the documents, it is tough for me to advise on this issue. You may kindly consult a CA.
Nitin,
If your Gross income below the taxable limit then you can submit 15 G to bank each financial year then bank will not deduct TDS on FD under section 194 A.
For more details please call.
Regards
CA Ankit Sachdeva
9910464911, 9871178227
Hi Sreekanth,
Good Morning, I have received ITR V Acknowledgement AY 2013-14 in the month of November 2015 with a Refund Amount, however i have not received my Refund Amount till date.
Please suggest me where can i get more information about my refund.
Thanks & Regards
Syed
Dear Syed,
Kindly note that ‘we’ dont receive the ITR-V, it is that ‘we’ need to send the ITR-V to the IT department to complete the Tax-filing process.
Did you send the ITR-V ack to CPC-bangalore?
Hi Sreekanth,
Please let me know how can I share the picture of the acknowledgement that I have received.
Thanks & Regards
Syed
income tax pune region contact number ?
Dear Sanuj..check out think link, click here..
income tax refund pending of A.Y. 2014-15 & 2015-16
PAN AABCD1****
Dear Sir,
For any query related to refund or any issue in Refund. Please call
Regards
CA Ankit Sachdeva
ACA, B.COM
AY & Company
9910464911, 9871178227
Hello sir tax refund form 16 already submitter but wrong entire how to can re entire the form 16 and re submit how to change and re submit .please help me
Dear Santhosh .. If there are any wrong details in Form 16, you may have to ask your employer to rectify such discrepancies and re-issue a new Form 16.
Dear Sir
Its a case with one of our client
please suggest a proper solution for the given problem
The orginal return was filed belated with a refund claim of Rs 650000 approx, and on the next day we revised the original return and claimed refund of Rs 45000 approx only instead of 650000 .
But the problem is the original return is processed and refund of Rs 650000 approx is initiated and revised return status is still showing EVC Accepted.
So i have recieved excess refund .
Please provide me proper solution for the above case as what is required to be done.
Dear Prahallad..I am unable to understand your query..
Have you already received the excess refund?
Need to look into the documents / ITRs to comment on this..
May be you will receive penalty notice in future. please call for more details.
Regards
CA Ankit Sachdeva
ACA, B.COM
9910464911, 9871178227
Thank you dear ANKIT for sharing your views and answering queries here.
Dear Sir,
I need to file the ITR 4 s from the AY 2011-12 – ay 2013-14. As per the latest notification, we can use this chance till 31st August 2016. But i have tried for uploading the details, showing error as due date is expired.
Please help me , what is the next option for filing the returns.
regards
sylaja
Dear sylaja..Suggest you to kindly take help of a Chartered Accountant to file ‘Belated Returns’.
My tds refund cheque is handed over to some unknown person 40 days before and it didnt reach till me. Now what should i do?
i have filed a refund case on 14-10-2015 the status of ITR V is received and yet there is no change, in e-filing website the refund status is not determined how to know more information about refund except in NSDL and E-filing Websites if there is another option to view refund status more deeply kindly tell me. thank you
Dear Ahemd,
You may reach out to the customer care centre and can get more information about the refund status.
Hello sreekanth,
My ITR V status says ITR V received, when can i expect the money to be credited to my A/c ?
Thanks n regards
hi sir I work in a firm.he deduct tds amount from my sallery. after 1 year he didn’t give tds certificate for tds amount. what can I do for this.around 50k he deducted from sallery in 1 year.plz suggest me the process.
thanks
Dear Rakesh..Kindly check your Form 26AS if there has been a tax credit regarding this.
Hi Sreekanth,
i am supposed to receive IT refund for the assessment year 2011-2012,(i filed this IT return by paper work and not online) the IT department had sent a refund cheque(dated 23 Jan2013) by speed post but my address mentioned is wrong (my mistake)
I checked the status of refund at tin.nsdl.com/oltas/refundstatuslogin.html, As i am able to see the refund status at the website as ” no such address – refund voucher cancelled. The instrument returned undelivered by speed post as the address mentioned by the assessee is incomplete/non existent”
I cannot request a reissue intimation online as i do not have the reference communication mail u/s 143, and also on request for reissue at the IT website it states, no intimation order exist. i am trying to communicate with IT department but for no avail, the help line number for refund – 08022546.5oo & 1800.425.2229 are not working.. is there a way to communicate with IT dept. is there a way to get the refund amount back- thanks for your help
Dear Sanjeev..You can meet your AO (Assessing officer) and present your case. Know your AO details..click here..
You also file a RTI regarding this (they may provide the rquired CFP reference number too).
Thanks a ton, i got the AO details from your above link, hopefully things will start moving
हम सरकार का योगदान करना चाहते है जो इंसान इनकम टेक्स नही भरता और उसके पास अपार सम्पति है उसकी सुचना देने वाले व्यक्ति को गुमनाम रखा जाता है क़्या और उसकी सुचना हम सरकार को किस तरह दे सकते है कृपया इसका जबाब हमें जरुर दिजिए हम भी देश की सहायता करके भागीदार बनना चाहते है
Dear Srikanth,
Last i had filed IT returns for the year of 2011-2012. After that(from 2012 april) i moved to qatar. Still now i am working in gulf countries. Last week i got letter from IT department for filing of ITR V(for the same amt of 2011-2012) for the year of 2013,2014&2015. last 3 and half years i am not working in india. Please clarify how to come out this issue. even i don’t purchase any land….
Dear Mohanasundaram..After filing your ITR in 2011-12, did you send ITR V form to the IT dept CPC Bangalore office?
Yes sir,
I submitted to Trichy office. Because i had filled in Trichy(Tamil Nadu) and i was working in Trichy.
Dear Mohanasundaram..I believe that you are referring to ‘compliance notice’ for not filing your ITR and the Tax dept wants to know the reason for the same. Is my understanding correct? If so, you can login to e-Filing website and check if there is any pending compliance notice in your e-filing account. If you do not have any income (in India) you can reply mentioning that you do not have taxable income.
Thanks Sir….
Hi Srikanth
I have got an email from Income tax that “This is the reminder to our email sent to you on 06-Nov-2015 in compliance to Non-filers Monitoring System (NMS). It has been observed from our records that till date you have not filed your income tax return.”. when I logged in I see that the Filing of INcome tax return tab says that for the year 2014-15 status is “Return not received” and the Related Information summary says that “for the financial year 2013-14 Deposit in cash aggregating 2 laksh or more with a banking company”.
my questions are:
I quit my job in June 2012.i am not a salaried person. we sold our house in the year 2014 I have received some money which is less than 13 lakhs in my savings account as I am one of the owner of the house from which I have transferred 3/4 of the money and depositied in other bank. Later from the other bank also I have withdrawn and given to some one.
1. I am eligible to pay tax?If yes how I should pay?
2. what reasons I should select in the information related to field. I am not understanding the options which they have given. Please help me asap.
Dear Sita,
It’s a ‘compliance notice’ that you have received..
When you receive Rs 13 Lakh in your Savings Bank a/c and also you have made FD deposits > Rs 2 Lakh, so the IT dept would like to know the source of these funds.
1 – If your total interest income is less than the basic exemption income slab limit, no need to pay taxes. But you can reply to the notice by providing all the details about the transactions & also justifying as to why you have not filed your Income Tax Return for that FY. Suggest you to take help of a CA and get this done.
hello iam shiv
iam a contract labour getting 5200 per month can i have to fill the income tax return as per government rule and regulation kindly give better answer
I am having a Master degree in education but did not want to cheat my govt so need help.
Dear Shiv..In you case, it is not mandatory to file your ITR. Read : Income Tax slabs for FY 2016-17 (AY 2017-18).
During the a.y 2012-13 . i was working so i filed return but at start of a.y. 2013-14 i worked only for 15 days and incomes from other sources was not more than 20,000, so i did not file …. but i am getting mail from department please file return for a.y 2013-14 and for 14-15…. is it mandatory to file return even you are not earning any thing???????
Dear krishan..Suggest you to kindly check if you have received any ‘compliance notice’ by login into your e-filing a/c. You may just reply to that notice by providing the reason for not filing.
I forget my password. once i do process to forget password they said your pan number is not activated . once i fill all the required information regarding Pan activation . They said your pan address is not correct. but that is the only address which I have. I m not able to connect IR deparement. they are not responding at all. kindly help me out. i have to file 2014-2015 IR return. 31st is the last date .
Regards
Pooja Pardeshi
MY TAN NO IS INACTIVE STATUS THROUGH TDS RETURN DOES NOT TDS RETURN SUMBIT
SO PLEASE HELP ME
Hello shrikant
I m from Belgaum. Recently v hav sold our house for amount of 8000000 lakhs. The house s in my dad n as well as my name.my mother s no more.n d complete transaction s through bank no black money.
My dad had to vow a amount of 2000000 lakhs so he ll b clearing it with d check n I wanted to buy a flat for him which s costing 3000000.
D flat s owned by my husband itself . As it s required to show investment if d house s registered in my dad name d registration wud cost a mount of around 3 lakhs.
N if it’s done with me only 6000.
So which s better way of registering on whose name n hw IT has 2 b filed
My dad s senior citizen.
N s it ok if it register ed in my name ll have a IT problem
Dear nisha,
1 – 80 Lakhs : Kindly calculate capital gains in this transaction. As it is jointly owned by you & your father, both can are liable to pay taxes (if any).
However you can save capital gains by investing these gains in few options. Kindly read : http://www.relakhs.com/how-to-save-capital-gains-tax-on-sale-of-land-house-property/
So, to save taxes on this transaction you can invest in the property owned by your husband. And you husband has to calculate tax liability on capital gains (if any)
2 option: Your husband can gift the property to your dad (no taxes applicable) and your father can invest his portion of Rs 80 Lakh in some other investment (property) to save taxes. (or) he can pay taxes & gift the remaining amount to you/son-in law.
Hello Sir,
I have received a letter from income tax department for non filling of IT return relating to a purchase of a land which values more than 80 lakhs as per the market value, but the fact is that I have purchased that particular property at Rs.5 lakhs only. 80 lakhs is the market value issued by the register’s office which already causes me 5.7 lakhs stamp duty which i borrowed from the developer for constructing the building. None of my family member’s annual income does not exceeds 1.25 lakhs. I am not capable of filling the taxes I am charged with. Please let me know what to do?
Dear Arkadev,
What is the govt guidance value of that property? What is the registered value?
Dear Sreekanth,
I was in deputation to Germany last year and moved to India by July 2015. My company gave me a bonus in the month of May 2015, credited the amount in my German ban account after deducting German tax. I have paid Indian tax for the same amount after coming to India as I will be treated as Indian Resident for the year 2015-16 ( 9 months stay in India). So effectively I have paid taxes for the amount in Germany and India. When I contacted my company regarding this, they advised to consult Tax Advisers for the same.
Is it possible to get the Indian taxes back? Is there any provision in Indian taxation rules regarding dual taxation?
Please help me it is a huge amount
Dear Gurusankar,
I believe that India & Germany are both part of double taxation avoidance agreement (DTAG). You can get back the taxes paid in India.
You may have to meet your AO (Assessing Officer) and submit proofs of your tax (Germany) payments.
Suggest you to take help of a CA and get this done.
Many thanks for your valuable guidance!!!
Hello,
While contacting CPC they were ask for PIN or mobile no. entered on income tax site. I was providing the same no. but still they were saying the information provided by us was incorrect . How can I connect with CPC bangolre
Hi…dear Sreekanth….recently I received a Letter from IT Dept Bangalore stating that need to pay the outstanding tax of approximate 120000/ – AY 2013-14….when contacted my CA and told him that we had paid amount….He said that was for the previous PAN number as our firm has 2 PAN number initial one is changed after 2010 ever since the list of partners revised. ..so first tax for the new PAN number was paid for AY 2011-12….but accidently for AY 2013-14 these people had paid the tax to the old PAN number…..so I just need help that what can we do about this…..whom can we inform about this mistake done. ….is there a way we can inform someone in IT Dept. ….that accidently CA had paid tax to the old PAN number instead of new PAN…..Please help….as it’s a huge amount and unintentional mistake…..thanking you..
..Amar Budhrani
Dear Amar,
You may directly contact your AO (IT Dept Assessment Officer) and present your case to him.
What is your CA’s advice on this matter?
Hi sir,
Am Vijay from Chennai i have open a demat account for trading purpose in maitra commodity under a sub broker and i have invested RS 50k and i have told my sub broker to trade on behalf of mine and he trade without any notification and without my knowledge he made loss 50k in two working days i just want to lodge can you please suggest what can i do
Nice Post and quick replies to the comments. Thanks.
I had filed my IT return for AY 2014-15, however after long wait IT dept processed my ITR and sent me a demand Intimation u/s 143 (1) .
Under this Intimation, there was a mismatch between Gross Total Income (sr. no 10) as provided by me and As computed under section 143(1). However, for Sr. No 1 to 9 all values as entered by me and as calculated under section 143 (1) are matching. The formula for Sr. no 10 (Gross total income) is 10=7-(8+9), in my case as Sr. 8 and 9 are zero and hence Sr 10 is same as Sr. 7. However As computed under section 143 (1), Sr. 10 is a different value, when Sr. 7 is matching and Sr. 8 and 9 are zero, Sr. no 10 should have been same as Sr. no 7. Due to the above, the intimation is calculating a demand from me.
Further, I had raised a CPC grievance under head “Difference in total income between As Computed and As entered in order”. I received a reply from CPC stating that “you have not filled PART B-TI / Schedule CYLA. System has computed the same based on details submitted by you.” However when I checked the html file used for filling the original return, I had filled the PART B-TI and Schedule CYLA. I had used the excel file of ITR 2 downloaded from Income Tax website and calculated the taxes as per the excel utility.
Request your good self to kindly help me in this case to know the way forward.
Awaiting your kind advice.
Dear Shadab,
I have understood your case. But it is better you to take the help of a CA and get this sorted out. It is tough and not advisable to provide suggestions in this regard without actually looking into the docs/files.
You may read my aticles:
How to pay outstanding demand u/s 143.
E-sahyog – ITR mismatches..
Sir,
My name is Mukul Bhuyan. I am a salaried employee. I am not having any income chargeable to tax under the head “Profits and gains of business or profession”. I wrongly deducted a sum of Rs. 26.000.00 under the head of “Self-Assessment Tax”; which should have been under the “Advance Tax” head. Now I have received a notice from the I-T deptt. to pay the tax under the “Advance Tax.”. Please advise me what shall I do to rectify my mistake.
Dear Mukul,
You can file a Revised ITR. Suggest you to take help of a CA.
Sir.
I made a request for New PAN in December 15 but I have not received this till now acknowledge ment no 062739700493492 please tell me what I do
Dear Rohit..You can submit your PAN grievance online..click here..
Sir,
I got a letter Subject:Non Filing ITR,bottom of the letter shown information code CIB-403 TimeDeposit exceeding Rs.2,00,ooo/ and TDS-195 TDS-Return payment toNon-residents.Sir I am an NRI since 25 years working in Abudhabi,I have only income inIndia from my NRE.FD.I have only NRE Depoites,no other type of Deposites or any business in India.Please advice what shall Ido with this letter got from income tax office.
Dear satheesan,
The Income Tax department generally sends this letter to people who have not e-Filed or have not disclosed all incomes according to their records.
You can respond to this ‘compliance notice’ by loggin to e-filing website & click on ‘Compliance’ tab and then submit ‘compliance form’.
Hi ,
I have filled my ITR for Assessment year 2015-16.Also sent the copy of ITR-V to CPC banglore.
I have received a massage saying that my ITR-V is not received.
I had logged a complaint for it on the Indian Postal Dept i found a revert from them saying that the SPEED POST was delivered to them on 22-08-2015.
Now I am not able to connect to them.I tried for both the toll free number but not able to speak with the executive.
Please help to what to do.
Dear anesh,
Suggest you to send the ITR V copy again now at the earliest. Some times they do consider this.
Going forward, kindly try to e-verify your ITR instead of sending the physical ITR V by post.
In case if they do not consider your ITR V, you may have to file ‘Revised Return’, get a new ITR-V and submit the same within 120 days.
Dear Srikant,
Thank u for this informative website.
I need some information.
I have filed my IT returns for the AY 2015-16 and it resulted in refund. But they say they are adjusting the refund amount in outstanding demand of AY 09-10 & 10-11. Actually my employer has paid the tax for AY 09-10 & 10-11 but at that time my PAN details was not linked with it. When i came to know this i informed my employer and they re-submitted the tax details of AY09-10 & 10-11 with my PAN details which is now reflected in 26AS. Now what should i do to get my refund of AY2015-2016.
Thanks in advance..
Krishnan
Dear Krishnan,
Kindly take the help of a practicing Chartered Accountant.
Hi
I received the income tax refund check from SBI but the amount is much less than that claimed in the tax returns.
what should i do? I called the Aykar kendra , they say you need to contact assessing officer.
Thanks
Kamal
Dear Kamal..If your refund is less than the expected amount, chances are that they would have adjusted the refund amount with any previous tax arrears/demands.
Another possibility is that the tax credit you have claimed does not match with the TDS entries on your Form 26AS. Suggest you to re-check your Form 26AS.
Have you received any intimation (email) about this from the IT dept?
Thanks for replying Sreekant. I haven’t received any notification ( post or email) from the income tax department. I checked the form 26AS, it matches the taxes paid by my employer. There are no pending arrears as far as i know.
Dear Kamal,
Kindly meet your AO and present your case. Suggest you to consult a CA too.
I have a small shop of household items in a local area. I haven’t get that much profit to pay tax. But the govt. Tax checking member came to our area and ask for tax
When they come to know that the person is n ot paying tax. They charged fine of 25000-30000 per shop.
Is it the real fine or not
Dear shashank..What kind of tax did they levy? Did they issue any receipt? I don’t think the IT dept officials will come and collect taxes personally without issuing any notice to the tax assessees.
Dear Sir
I am an NRI. My accountant filed my returns in April 2015. However I have not received my refund yet. This return TDS from sale of a property and rental income. I am using my pan number to check the status on the government website and the response is that it has not been filed. My accountant says it has been filed but is stuck in IT department.
Is there anyway to check? My pan is BIBPR43***
Appreciate your response.
Regards
Ramesh
Dear Ramesh,
Kindly do not share your PAN details in public forums.
If it has been filed then the status will be shown on govt IT e-filing website.
Suggest you to call the help desk no and get confirmation. Did you send ITR-V (or) e-verified your Returns??
Dear Sreekant,
Firstly thank you(Dhanyavadalu) for the informative website.
I have a query.
I have spent more than 50,000 rupees on self surgery (orthopaedic) due to dislocated fracture. Can you please guide me whether this amount is eligible for Tax benefits. The expenses are in the same financial year and original bills paid by me are present. Is this amount eligible for Tax relief. If yes, then under which section.
Request your guidance.
Dear Paresh,
Do you receive medical allowance? Do you have any health insurance cover?
Kindly read :
Medical Insurance Premium & Tax benefits.List of IT deductions for AY 2016-17.
Dear ,
Myself Munish Thakur working in a private company.
i would like to inform that , i was not covered under TDS . so i have not received ant IT or Form 16 from my employers.
But now i want some loan from Bank , which is asking for ITR/Form 16 of last two years.
Kindly help me out of it.
Dear Munish.. Check with your banker if you can submit your salary slips.
sir ji mera pan number abhi tak alort nahi hua hai apply date 19 oct 2015
mera data duplyketion dikhaya ja raha hai sir ji mai 7 din ka intjar kar sakta hu
uske baad mai aatm hatya kar lunga jiska jimmedaar income tax dipartment thhahraya jaye
acknowedement number-052899700232783
D.O.B 01 JAN 1993
ADD.nasyoli gopal tah.. shahabad thana lonar disst.hardoi up 241401
pan number not janret
Dear Sir,
I have not received Mobile Pin on my mobile number to activate my IT account, then i tried to resend the link. but at that time password is showing incorrect. when I click on forget password it is say activate you registration first. please help me to activate my pan online registration by resending my password and mobile pin as all are inter-related .
Pan no: AJTPG6473H
Name- LAVANYA GOEL
DOB- *1/0*/19**
email id- **[email protected]
mobile no: 9810899***
Dear lavanya,
Kindly do not share your credentials and personal details online. They can be mis-used. I have masked them here.
Kindly contact the helpdesk at 080-2650 0025 and Toll-free-number is 1800-4250-0025
I’m facing the same problem. Above numbers are not working.
Hi Sir,
I have uploaded file on August 30th. I was trying to do e-file on Dec 29th from internet Banking. But I was unable to do it(as the e-verify link is not visible to me now). Now the status is showing “return uploaded”.
Is it because it crossed 120 days(including 31 days of Aug,october) ?
Is there a way to do e-file ?
I tried to call customer care number. But it shows busy (1800-4252229). And the other number doesn’t exist(080-22546500). Can you tell me what has to be done now?
Dear Anurag,
When ITR V is not sent or e-verification is not done within 120 days, return is treated as not filed. So the right remedy is to file a belated return (revised) and pay some amount of interest for not filing of returns & send ITR V.
You can take a chance and send the ITR V right now. But there are remote chances of CPC accepting the late ITR V.
Dear Sir,
My self is Ratheesh T am working as a soldier in Indian Army at Delhi rite now.
My query is regarding the Income tax deduction.In 2013-2014 the amount has been deducted from my account ans it has been mentioned as refund but still now l have not applied for that but rite now there is a need for me to take care of my mother she is been hospitalized.So can you please tell me the procedure to apply..
please suggest me regarding this.
hope for your reply,
yours sincerely,
Ratheesh.
Dear Ratheesh,
I did not get your query. Who has deducted the amount? Suggest you to check with your banker and get more information about the deduction (debit)?
Dear Sir,
My name is stella recently i appliedTDS for the year 2015-2016 but still not refund the amount and also we already applied2014-2015 that also not refund.I have some anyFamily problems. so Kindly realse my refund amount as soon as possible early.Pls do the needful Sir.
Dear stellamary..Kindly check with the IT helpdesk.
Sir,
I have a following query…………
A)The Invoice of creditor for the month of Nov.15 amounting is 500000/- and WE have calculate .amount of TDS on this figure and deposited.
B)But the some time amount of invoice got variance exp change of amount 490000/-
So accordingly i have paid excess money to the income tax how can i collect the amount and accounting.
and please another explain to me if the above transaction gone apposite so have can i paid and payment entry wise accounting
Dear Rajendra..I do have answer to your query. Kindly consult a Chartered Accountant.
Thanks Sir
Hi Sreekanth, I am SAtya Rai, I filed ITR for 2015-2016 thru CA and online e verified it. Since last three months ITR status as “ITR transffered from CPC to juridiction AO for processing”. in Refund status it displayed as “contact to juridiction officer.” I am not in INDIA and my juridiction office is in Gurgaon, I called CPC customer care and mail many times but still they didnt replied why it is pending from last three months.
CAn you please suggest what to do now?
Dear Satya..There could be some discrepancies or issue with your ITR. I believe that you can ask an ‘authorized representative’ to meet AO on behalf of you.
Thanks for reply, so do I need to send some authorasation letter, in case I ask my frind to meet AO? or Is there any way to get the details over phone or email?
Dear Satya..Yes, you have to give letter (signed by you) to the person representing you. I believe that your AR has to meet AO in person only.
Pratibha ;Says; Sir ;how can I take co-owener ship in property with my mother in low 1-through vasiyat
2-by lease
3-
by gift
or any way…
i got reabate in income tax on home loan
Dear Pratibha..through GIFT DEED (or) you can get your name included in sale deed. Gift deed can be done at a very nominal cost.
sir; How can we take the co-owener ship in residential house .with my mother in low . take the tax benefit
Dear pratibha..In your last ITR, as your were not the co-owner of the property you should not have claimed the tax benefits. Suggest you to kindly consult a Chartered Accountant and get this sorted out at the earliest.
You can get your name added to the sale deed or your Mother-in-law can draw a GIFT DEED on your name (the ownership can be full or partial). Gift deed transaction is costs less.
Pratibha says; 09-12-2015 Sir Income tax officer gave me;a notice;according to notice smt.pratibha saini has claimed deduction u/s 24-B of the IT.Act 1961 for 1,99,629/- on the basis of certificate dated 11-02-2015 issued by the HDFC Bank by which interest on Housing loan paid has been shown Rs 1,99,629/-. as per certificate ,the housing loan was taken jointly three name i.e.Sh.AshwiniKumar,SmtLalitaDevi&Smt Pratibha saini.As pratibha saini is not onwer of the residential house,hence same is not allowable as exemption u/s 24-B in the case of Smt Pratibha saini . Sir we are bought plot my mother in low name [take persnal lone in her sellary ]and total EMI of home lone is also repaying by my sellary account .mother in low totaly depend on we.How can me take rebat in home lone.
Pratibha says 08/12/2015 AT 8.00PM Dear sir we are co-borrow along with my mother in low of home lone for constrution.Owener of the property is my mother in low[we bought the plot is mother in low name take the persnal lone in my sellary ] she is totaly dependent on me and I am repaying the whole amount of EMI [Rs21519 only] How can I take tax benefit.and what i can do. 9719195019
Dear Pratibha,
If you have to claim tax benefits on home loan, you have to be the owner or co-owner of the property.
Dear Sreekanth,
There is substantial difference in TDS from my salary and amount shown (lesser) in form 26AS pertaining to my PAN, during the FY 2014-15. Also one of the entry in 26AS does not pertain to my income. I have requested the concerned department and their higher authorities several times for getting rectification of my record but the discrepancies have not been corrected as yet. Owing to this I have not been able to file my return for AY 2015-16 so far. Please advise me as to what recourse should be taken by me now under such circumstances. Should I file my return without getting the figures of actual TDS from 26AS form matched ? Can you inform me any e-mail address of Income Tax Department, where such complaints can be lodged.
Dear Pramod,
Do you have any ‘pending actions’ in your e-filing IT portal account? Kindly check.
Did you contact IT dept helpdesk?
Read – ITR mismatches & E-sahyog online facility.
My ITR Refund was processed along with my other colleagues. Everyone who filled in my company has received it except me. In the ITR website it is showing sent to the banker but when I called them and checked the SBI people are saying they have not got any intimation on refund against my pan number. When I called the ITR people they are saying they have sent it to the banker. I don’t know what to do. It would be really helpful if someone can help me on that.
Dear Arishya,
Did you provide correct Bank account number & PAN number in Income Tax Return (ITR)? Kindly re-check it.
I am a central govt employee. i have filed IT returns for AY 13-14 and 14-15 manually at IT office nungambakkam. claimed refund for 13-14 was 18000/- and for 14-15 rs 23000/-. BUT I received a refund of 500 for 13-14 and 5500/- for 14 -15. however for AY 15-16 i did e filing and received the full claimed amount. can i again e-file retuns for 13-14 and 14-15 please reply.
Dear vijayan,
Did you receive any tax notices regarding any ‘tax dues’ or ‘interest dues’? The IT dept might have adjusted earlier dues (if any) with the expected refunds.
Foy Y2015-16, I haven’t got the refund yet. Couple of weeks back got a message saying refund amount will be credited to your account, but still did not see the amount credited to my account.
Checked online, it says the given account number is not valid. What should I do now?
Thanks,
Dear Panchakshari,
You can submit ‘refund reissue request’ by log in to account on IT E-filing website.
Go to My Account -> select ‘Refund Reissue Request’.
You have the option to update Bank Account number.
WE HAVE A CHERITABLE SOCITY AND WE HAHE PAN BUT NOW WE WANT TO TAKE DONATION FROM ASSESSEE WHAT IS THE PROCESS TO DO SO
Dear ANIRBAN ..Kindly consult a Chartered Accountant.
Sir I have to know the complaint number of income tax for the reason to complaint the illegal properties and lands covered by a single person. So kindly give the complaint number. We belongs to Tiruvarur (dt),Tamil Nadu
Hi Sir,
I have got excess refund from income tax deptt for the AY 2015-16 since by mistake i claimed tds according to form 26 AS which was not reflecting the correct credits.My intentions were not wrong. I want to pay back the excess amount. but Till now i have not received notice from income tax deptt. How to pay back the excess refund received and what rate of interest would apply on the same ? Can i revise the return after it is processed ?
Dear Neha,
You can file a Revised return. A revised return can be filed anytime before the expiry of 1 year from the end of the relevant Assessment Year.
Thank you Sir for your reply. But How to repay the excess refund credited earlier or in which code? And after depositing this amount, do i need to mention the same in revise return?
Dear Neha,
Apologies, i believe you need to file Rectification application.
The Income tax authority would provide you a rectified acknowledgment stating the demand amount to be paid. Since its just a refund return. The acknowledgment would contain the reduced refund amount and the amount to be paid back to the authorities.
(or) You can just wait for them to get back to you with a notice, they will surely find this out.
You can take professional help in this regard. Kindly consult a CA.
Dear Neha,
You can file a Revised return. A revised return can be filed anytime before the expiry of 1 year from the end of the relevant Assessment Year.
Dear sir,
I got housing loan in LIC housing finance ltd.Loan mode is land with house contraction.
We have taken lone with my wife salary income and my salary income.
I am owner of property. My wife is only co-applicant.
We want to know ,My wife can get Income tax benefit?
Thanks with Regards,
SIVA,
Dear sivakrishann,
A co-applicant (or co-borrower) has to be a co-owner of the property to claim tax benefits.
Kindly read my article – ‘Joint home loan & Tax implications’.
Dear Sir/Madam,
This is Manoj Kumar J from Bangalore. My PAN NO. AJXPK560**
I have filed my IT thru my auditor for the Assesment Year 2012-2013
I was supposed to get Refund amount around 67000/- After so much time still i have not recd my REFUND.
Pl. let me know the status. I am checking regualrily on the NET but no use.
Still not recd. Prior to this i have written several mails to department but no proper response from that end. Its more than TWO years.
Request you to help me to get REFUND the amount or Tell me to whom I need to contact for this.
Thanks for your early response
Regards,
Manoj Kumar J
Bangalore
Cell. 98459 818**
Dear Manoj,
Are you in contact with your Auditor?
You may contact concerned AO of the Dept. You can submit your PAN details and get the AO details. Click here..
A.S Y 2013-14 refund determine 21 oct 2015 but 154 intimation has not send by Cpc how can posible
Dear Dineshwar ..I am unable to understand your query. Kindly rephrase your question.
hello sreekanth iam siva frm andhra guntur. i am apply for tax return 09/08/15. and i arecieving msg frm incomtax departmet on 13/08/2015 . but i dont recive my refund i have apply 1st time return
Dear Siva,
Did you check the status of your ITR on e-filing website?
iam cheking day after day .. i also chek in e finng website it shows application received
sorry.; e filling website
Dear Siva,
Which ITR form did you file? Suggest you to contact them on their helpline nos.
iam apply ITR V . that helpline no’s not working
dear sir this is aziz merchant i want to know were should i complaint about the person who have black money i want customercare number just show me the way how can i get that person caught to be eligeble of 20 percent reward
Dear Aziz..i am not sure about this..
Sir,
I e-filed my return for AY 2015-16 on 05 Aug 2015 which was e-verified through net banking on 09 Aug 2015. I checked my AO(Ward/Circle) on the IT website and found it to be different from the one I used when I filed my return for AY-2014-15. Nevertheless I filed my return with the new AO(Ward/Circle). After 02 months, the Refund Status shows- “Refund Not Determined”. I tried to call IT helpline but to no avail. Then someone suggested me to Revised Return with the previous AO(Ward/Circle). I did so on 02 Oct 2015 and got it e-verified. Sir, kindly let me know why my original return was not processed for 02 months and was I wrong to file my return with the previous AO(Ward/Circle).( I am a defence employee. My previous AO(Ward/Circle) was 42(1) and now it is 66(1) as per IT Website. Please help.
Regards
Debasish Dasgupta
Dear Debasish,
I do not have answer for this one. You may wait for the revised ITR to be processed or can consult a CA (if required).
hi sreekanth
tds rup 1.3 and fuv 4.8 version download and instalation procedudure
tell me sir i am alredy downloaded but this not instatalled properly what is the steps
Dear Prasad..I am not sure about this..
Dear Sreekanth,
Regarding outstanding payment, your information very much useful to me, I have followed that and completed the transaction of my outstanding interest amount for the assessment year of 2008-09. How to verify that payment was adjusted with that AY.
Please help me in my login “View Tax Credit –Form 26AS” I am not having the AY(2008-09), it is listed only from AY (2009-10.
Is there any other link to verify my payment for that AY 2008-09.
Thanks
Dear Mohamed,
The payment can be reflected in your Form 26AS.
Thanks for providing Customer care numbers of income tax department. But for me, Relaksh.com is my IT forum, every time, if i have any query, i just ask here, Thanks for such awesome help Sreekanth 🙂
Sir
My name sandeep recently i have got a call from a web site called magicart.in they said that you have been selected for our Lucky draw .They said to get that lucky draw you need to purchase any item from our site then i made a purchase of 8000. Then they said that you got 95000 rupees of lucky draw amount. After that they called me and said you need to pay 16.5% tax amount that means 15500 then i understood that i was trapped .Then i said you deduct 15000 amount from 95000 price money .They said it is tax amount it should be paid first and then. Then they said the amount you paid will be refunded then i hesitated to pay the amount i asked why you people are giving me 95000 then they said there will be tax benefit to the company. Then i said cancel my order and refund my amount then they said there is no such policy in our company then i was totally got struck is this is real or it is fraud company should i proceed legally to get my 8000 back please help me sir
Thank you
Sandeep please call me on 8511558974
Need a new password for itreturn
Good and useful information. Thanks for giving such a nice informative blog.
Keep visiting dear c.P.Reddy 🙂
Balance