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E-filing For Income Below Rs. 5 Lakh

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  • #70201
    Anonymous
    Inactive

    Whether e-Filing is mandatory for A/Y 2015-16, where salary income is within Rs. 5 lakh ?

    #80970
    Anonymous
    Inactive

    Yes, 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.

    #80980
    Anonymous
    Inactive

    Pl. 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.

    #80981
    Anonymous
    Inactive

    1. 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.

    #80982
    Anonymous
    Inactive

    It is really helpful.
    Taking time for some another points (TDS) regarding E-filing. Thanking you,

    #80996
    Anonymous
    Inactive

    Whether 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.

    #81035
    Anonymous
    Inactive

    Pls. 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 …

    #81036
    Anonymous
    Inactive

    1. 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 Year

    #81043
    Anonymous
    Inactive

    You are a good teacher for bad student.
    Thanks.

    #81044
    Anonymous
    Inactive

    @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”.

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