E-filing For Income Below Rs. 5 Lakh
- This topic is empty.
-
AuthorPosts
-
August 22, 2015 at 3:10 am #70201AnonymousInactive
Whether e-Filing is mandatory for A/Y 2015-16, where salary income is within Rs. 5 lakh ?
August 22, 2015 at 1:02 pm #80970AnonymousInactiveYes, it is mandatory if you have any Refund claim in your ITR then you have to file your taxes online (e-file). I suggest you to follow the webpages:
1. Income Tax Returns Filing for FY 2014-2015 : Tax Slabs & new ITR Forms
2. MANDATORY E FILING OF INCOME TAX RETURN WITH or WITHOUT DIGITAL SIGNATURE AY 2015-16 | SIMPLE TAX INDIA.
Also, please follow the posts in the following threads by @gpgarain in the following links for the clarification:
1. E-Verification of Income Tax Return – User Manual
2. Due Date of Filing Income Tax Return for AY 2015-16 is extended up to 31st Aug.,2015
3. Income tax query
4. TDS-Tax Deduction at Source.August 25, 2015 at 2:54 am #80980AnonymousInactivePl. guide regarding some points of E-filing data entry page.
1) A7. What will be the Income Tax Ward/Circle of Birbhum District?
2) A19. Employer Category of Pry. Teacher – Gov. / Others ? (where pry. teachers are ADHA SHARKARI )
3) A23. Whether Person Governed by Portuguese Civil Code under Sec 5A – Yes / No. What should I select? Pl. explain.
4) B1. Income from salary – ( Gross Pay – Tax on employment ) ? Pl. explain.
Waiting for advice.August 25, 2015 at 3:24 am #80981AnonymousInactive1. Go to Income Tax Jurisdiction and find your ward/circle by entering your PAN No.
2. Employee Category : Others
3. A23 (Portuguese Civil Code): No
4. Income from Salary= Gross Pay – P.Tax
Hope this will help you. Thanks.August 26, 2015 at 2:41 pm #80982AnonymousInactiveIt is really helpful.
Taking time for some another points (TDS) regarding E-filing. Thanking you,August 27, 2015 at 5:05 pm #80996AnonymousInactiveWhether e-Filing is mandatory for A/Y 2015-16, where salary income is within Rs. 5 lakh ?
If your accounts are not liable to audit and your income exceeds the taxable limit (Rs.2,50,000/-), then you must file Income Tax Return/ e-return by 31-08-2015.
But I would suggest those whose income does not exceeds the taxable limit also to file income tax return, for e-filing your return has many positive sides and no negative ones.September 4, 2015 at 3:52 pm #81035AnonymousInactivePls. clarify Tax Details page of ITR 1 (E-filing) –
1. Income under salary.
2. Tax deducted.
It will be helpful for new one if you explain these points with real example.
Waiting …September 4, 2015 at 4:05 pm #81036AnonymousInactive1. Income form Salary : Your Gross Pay (BP+DA+MA+HRA+Bonus, if any+Arrear, if any) of 12 months – Total P.Tax for 12 months – exempt u/s 10 (HRA Exempt etc., if any)
2. Tax Deducted at Source (TDS) : Toatl Tax deducted by your DDO (from Salary) in that financial YearSeptember 8, 2015 at 2:22 pm #81043AnonymousInactiveYou are a good teacher for bad student.
Thanks.September 8, 2015 at 2:37 pm #81044AnonymousInactive@Tarun I really appreciate your comments above. But I suggest all here to “Like” the post which he/she finds helpful instead of saying “Thanks”.
-
AuthorPosts
- You must be logged in to reply to this topic.