Talk:Prepare for your Taxation in India using eDeskOnline
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| Location | Icon | Headingof Bubble: Tip within the Bubble Text |
|---|---|---|
| eTaxation | Computation | Click on the Modify link to update/modify details of the assessee and tax returns information. |
| eTaxation | Computation | Click on the Sub-Section/Sub-Title to obtain a detailed description. |
| eTaxation | Computation | Click on the Modify link to update/modify details of the assessee and tax returns information. |
| eTaxation | Computation | Click on the Modify link to update/modify details of the assessee and tax returns information. |
| eTaxation | Computation | Click on the Modify link to update/modify details of the assessee and tax returns information. |
common mistakes
- The most common notion among salaried employees is that since tax has already been deducted from their salary, there is no need to file their income tax returns. This is not at all true or legal. Even though tax has been deducted and there is no further liability to pay tax, an employee has to compulsorily file his / her income tax return. Form No. 16 received from employer is not their income tax return.
- Employees do not include the interest that they receive on their savings bank account. The entire interest earned on your savings bank account is taxable.
- Omission of income received by a minor child. A minor child is not required to file a separate return of income. However, this income has to be included in the hands of either of the parents, although it might be a small amount of bank interest.
Question: Assessing officer of Bilaspur (C.G.)
I am at Bilaspur (C.G.). I am filing ITR-1 form. Please inform me the Designation of Assessing officer of Bilaspur (C.G.). Where i have to submit the form. kamalpancheshwar (via mail)
ANSWER HOW MANY OFFICERS ARE THERE. YOU HAVE FILE UNDER THE SALARY CIRCLE. (reply sent-070728)
Q: I am an accountant. Please let me know what is the address for filing of form-16 of the staff.
IT IS TO BE FILED ALONGWITH A FORM WITH THE TAX DEDUCTION DEPARTMENT.
FORM NO 16
YOU HAVE TO FILE ALONGWITH YOUR RETURN
==Q: From where and how do I download the Income Tax Return Form ITR 1 and ITR 2. On eDeskOnline, The return is available to you. If you fill your accounts details, then eDeskOnline will also compute your taxes. It will also auto-fill the return.
Question:while filling my income tax return
Got your reference from leading website. I have a query while filling my income tax return. I am a service class employee. My gross income is Rs.1,98,000 p.a. How much tax I have to pay after saving Rs.1,00,000 under section 80C. could you please provide me with the tax slabs applicable for this assesment year. Deepak (via mail)
ANSWER NO TAX PAYABLE. ssunderagarwal@sify.com (reply sent)
Question:Where should i FILE RETURNS
I was working in Professional Acess at Bangalore office . So my Pan NO IS of Bangalore . I have been transferred to Mumbai . But i RECEIVE SALARY FROM BANGALORE ONLY . SO FORM 16 is of Bangalore only . Where should i FILE RETURNS - at mumbai / bangalore AND ALSO GIVE ADDRESS / WARD OF MUMBAI Anita Lolayekar (via mail)
ANSWER ANY WHERE YOU LIKE. IT IS ADVISABLE TO FILE AT BANGLORE. ssunderagarwal@sify.com >As you have no address at Banglore ou should file the return at Mubai. You will have to inform the Dept about your change of address, O PAN wwill remain the same: answered by Mr Kapoor (reply sent)
Question: where should we enter the home loan
Q: In the new ITR-1 form, where should we enter the home loan interest amount which comes under section 24(b)? I see no column in the form for this. I am a salaried employee in Mumbai. Should I use any other form?--Venkitaraman Balasubramanian(Via mail)
Answer:
ITR 2 is applicable to you and not ITR 1 . please visit www.incometaxindia.gov.in
CA Bhavik Parikh
(reply sent 070611)
Online filing is not mandatory for individual assessee
It is mandatory only for Corporates and for those Non Corporates having tax audits. there are forms available on the incometax websites. you need to create your account first with the website, then upload the respective form duly filled in with your digital signature to the form. if the form is uploaded without the digital signature then you need to submit one hard copy of the same form uploaded to the department. an acknowledgement will be generated once the form is uploaded. take a print of it and preserve the same as a proff of filing the return.
Q: in which colomns we can fill
Q: In ITR-1 income tax return form, in which colomns we can fill the interest and principle paid on housing loan ?
A. S. Gokhe.
SDE, MTNL, Mumbai.
(Via Mail)
Answer: You need to fill up Form ITR-2 -- CA Bhavik Parikh
Q: where should we enter the home loan
Q: In the new ITR-1 form, where should we enter the home loan interest amount which comes under section 24(b)? I see no column in the form for this. I am a salaried employee in Mumbai. Should I use any other form? --Venkitaraman Balasubramanian(Via mail)
Answer:ITR 2 is applicable to you and not ITR 1 . please visit www.incometaxindia.gov.in CA Bhavik Parikh
incometaxindia
http://www.edeskonline.com/taxforms/india/Acknowledgement.pdf
www.incometaxindia.gov.in
ITR
nl
Help for the users of eDeskOnline during the tax-filing season ...
An overview... http://wiki.edeskonline.com/Prepare_for_your_Taxation_on_eDeskOnline
Figure out your taxes ... http://wiki.edeskonline.com/Prepare_for_your_Taxation_on_eDeskOnline#Calculate_your_tax_liability_online_using_our_Tax_Planner
Fill the tax form automatically .... http://wiki.edeskonline.com/Prepare_for_your_Taxation_on_eDeskOnline#Tax_Form_filled_up_automatically_using_Tax_Return_Preparer
