Home loan statements Rental income statement(s) Month-wise rent receipts in case house rent allowance is being claimed Bank statements for interest on savings and fixed deposit accounts Section 80 C investment documents, if any For businesses ...
Get a stress-free filing experience. Contact us today! Get a Quote Posted by:Team TaxReturnWala July 17, 2023 Categories:Accounting Receiving a tax refund is a welcome relief for taxpayers, but did you know that you may be eligible to earn interest on your income tax refund? In this comp...
Hi all,It was a pleasure to talk to you on my Facebook page yesterday, and answer your income tax and tax saving investment related questions.I am glad that I could be of help, and we would definitely have more such sessions before the end of the investment season. A background …[Re...
Q.12 – Should Interest Income be mentioned under the head ‘Income from Other Sources ‘ while filing ITR-1 when TDS has already been subtracted? Q.13 – Do I still need to furnish my Bank Account details in the ITR if there is no refund due to me? Q.14 – How can I download ...
Home Loan Statement Tax Saving Instruments Capital Gains Details Rental Income Foreign Income Dividend Income Interest Certificate How to File ITR? In India, ITR filing can be accomplished through two primary methods, namely online ITR filing and offline ITR filing through the official website of the...
DYK: Interest earned from savings bank account has to be declared while filing ITRAshwini Kumar Sharma
Education is not cheap. Most of us have opted for an education loan. One of the benefits of ITR filing is that we can claim a deduction oninterest paid on education loans HRA (House Rent Allowance) Salaried individuals living in a rented house can claim HRA, if not included in salary, ...
Is there some fine or payment for filing Income Tax Return? No there is no fine or payment to be made for filing revised return. As you have already filed original return within due time, therefore no need to pay interest u/s 234A,but if any tax is due then you have to pay interes...
INCOME TAX RETURN FILING- SALARIED PERSON INCOME TAX RETURN FILING- BUSINESS/ ENTERPRISE Basic ₹ 599 Salary/Pension (Single Form 16) Single House Property Income Agricultural Income Income from Interest & Dividends Deductions from Income (80C/80D etc.) ...
city etc then As long as you are paying rent for an accommodation, you can claim tax benefits on the HRA component of your salary, while also availing tax benefits on your home loan. Please account for any rental income you receive from the property you own under income from House ...