This message is showing. Please give useful tips so that I can submit the return. I am having CG loss in both. Thank you, Sir. I filled all details in excel format in itr2. Validate all required sheets and calculate tax using calculate tax button. Then generate XML button is pressed. Then a summary of sheets is appearing on the screen and save XML button is visible on the screen.
Then I am selecting the XML file to browse and submit the same. This time the above-said message is coming. Please guide me how I cam submit the itr2 return. But table F 1 is not accepting negative values so my profit becomes for FY. Please suggest me to fill the form. I have some capital gains from the redemption of equity mutual funds, capital gain from one fixed maturity plan and some capital gain from a liquid fund.
Stt was charged on all but the fmp at the time of redemption or maturity. Offline form is fine. What about Genius software filing procedure step by step would be advisable. It asks scrip wise details where as IT dept states it is not required scrip wise. Kindly look into it. Kindly update the software. Which ITR I need to file? I am working in a PSU also I have 4k profit in positional trading of equity shares. It depends whether you show your share trading as capital gain or business.
Now in this ITR-2, 22C 2 1. Self or other person 2. Column 9 will be the TDS value? Column 11 Gross amount will be value for witch TDS was paid? Column 12 Head of Income will be Income from house prop or income from Cap. Gains or income for other source or Exempt income?? Please note that this schedule is required to be filled by the person claiming TDS i. So being a buyer, you do not need to fill any of these details.
Which form should I use and where should I put this figure. It depends whether you treat your commission income as a business or as income from other sources.
I want to club House property income of my spouse in my returns. But in schedule HP, how do I include clubbed income? Thank you for the response. My confusion is about how to include this income in schedule HP. For FY , I sold a property that was jointly owned by my father. If I sold the property at Rs. Thank you! In this scenario of selling joint property, can you please advise on what is the purchase amount for the buyer that should be provided in Sec.
Here, it asks us to provide buyer details name, address, PAN, Aadhaar and buyer purchase amount and percentage share. In this example, should we provide the buyer purchase amount as 25L or 50L? I have submitted form ITR 2 for my salary income and capital gain income from the sale of flat but in ITR V e verification copy capital gains details are not appearing, what may be the reason? It might be possible that your overall capital gain income is a negative i.
You are advised to check your return form schedule CG to verify the same. Thanks for the prompt reply. Hi, I am an NRI. I have to file ITR 2. My resident status is of Bahrain, where has Nil Income Tax.
I have to provide salary earned in Bahrain under exempt income and foreign income. Is it correct? Then where should we show a foreign salary in ITR 2.
If any tax is paid in a foreign country, you will have to show the income in the relevant head along with Schedule FSI. Otherwise, show the income directly under the exempt income schedule. It is mandatory to fill details in Sch A if the conditions of this section are satisfied. But up to 1 Lakh is not taxable. In that case, what should I do? Could you kindly advise where should I fill the details of the Gratuity amount received? I want to know whether tax paid particulars are populated straightaway or I have to type those particulars.
And how do I make any payment if there is a short, whether the window will automatically open? If the details of taxes paid are available in 26AS, then that will be auto-populated in prefilled generated XML and for the short tax payment, you need to enter the entry manually.
Cost of acquisition i B. Please clarify sir. As per new changes in LTCG calculation, and insertion of new section A and grandfathering provision, details of FMV should need to be entered for arriving at cost of acquisition. What will be my Jurisdiction Residency? Is it a Country name, state name or residential address or something else? How to find this information?
The department has now given a dropdown for the jurisdiction of residence in its return filing utility. So select the jurisdiction from dropdown only, do not write it manually.
My daughter is staying in the USA and she has only fixed deposit in India. During FY , I sold my flat. I have only salary income for the year.
Please help me. I have the Form from my ex-employer as also FormA from Banks 2 that has deducted tax from me on account of the interest income from deposits.
However, while filling table 22C 1 , there are always errors whatever way I fill them. There is no unclaimed dividend brought forward and all the TDS are in my name and for the current year only. Can you please guide which of the columns in the said Table should be filled by me and how not to get those error messages. Thank you so much for your detail steps. I was able to follow your step by step guide and able to file my returns. Appreciate your time in putting it together.
ITR-2 online version is not available. My question is whether will it be available after some days or we have to prepare and submit the XML file. I also earn a pension, house rent besides interest income. The option to fill and submit ITR 2 online is currently not available on the e-filing site, it cannot obviously be done now. It asks to upload XML file?
However, my query is whether we can expect that option to become available anytime before the last date of filing returns, viz. And was this option available in the past? How we can prepare the XML file and upload it? Hope this will resolve your problem. I have sold some listed shares during the year, which were held for long. But the sale consideration of all of them individually and collectively is less than the closing price of the share as on As such, I feel that there is no long term capital gain.
House property is owned jointly by me and my wife. Yes you need to show the details. If the interest is fully paid by you, you can claim the whole amount of interest as a deduction.
And we add income details earned outside India then it calculates heavy taxes on the same. Can you check and let us know how to file it? Dear Manjit, If you have got the solution then pls let me know as I have the same issue….
Hi Manjit, did you get any solution for this issue on Income from the source? I am also not able to file ITR2 because of the same issue. Pls, advise. Taxpayer identification number represents any kind of identification number allotted by foreign tax officials for identifying the taxpayer. Many companies whose shares were issued in IPOs in the past are now not listed, and their whereabouts are not known.
How can anyone give details of PAN nos. Further, would it not be adequate for the Govt. Sale of unlisted shares is, in any case, required to be reported under Sch. Kindly guide in this matter. You can raise this issue in the grievance portal provided by the department.
As of now, the department has mandated such details in ITR ITR 2 Long term capital gains. I have sold some shares bought after 01 Feb and some bought before this date.
How to show both in capital gains statement. Further, the software is taking as income even when the same is less than RS one lakh. If left blank it gives validation error.
I am a senior citizen getting EPS pension and having some mutual fund exposure. I am filing ITR-2 in excel format. Since my pension is coming under salary income I have some queries :.
Shall I write my old employer name or EPS95? I am not able to leave blank those things because it is not validating. Taxpayer Identification Number will be tax identification number allocated by the country in which assessee is resident or of that country in which income of NRI is taxable. All the details i. Could you please help. Your email address will not be published. What is the ITR 2 Form? A non-resident or not-ordinary resident.
Taxpayers who earn agriculture income above Rs. Income from winnings of a lottery, horse race, gambling, etc. Also, we write down eligibility and due dates. Read also. He completed his B. Com from University-Commerce College. View more posts. Could you fix the above issue? If yes, can you share the solution? Hi Ashok, Were you able to fix this issue? I am really stuck up here. I am facing the exact issues. It is recommended to open the file and check if all the information you have entered is correct.
Now, log in to your account on e-filing portal and upload the generated XML file. You are done with filing returns! If you have any confusion about which ITR form you should file, the table below gives you a clear idea. Before you begin worrying about ITR XML file, it is recommended to gather all the necessary documents and keep them handy. You may need documents such as updated bank passbook, salary slips, Form 16, Form 26AS, investment proofs, insurance documents, loans papers, rent receipts, and other documents as per your tax statement.
Do keep all these proofs handy to facilitate your income tax filing. Thank you for your response. Start investing now or. A will file his ITR after clubbing of income earned by his spouse. In such a case, Mr. A would be able to file the ITR-1 form only if the income of the spouse is from the sources specified above. Your legal guide on estate planning, inheritance, will and more. ETPrime stories of the day Investing Bad bet or value buy?
Logistics There is a base, Gati hasn't destroyed itself. Subscribe to ETPrime. Browse Companies:. Find this comment offensive? This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. Your Reason has been Reported to the admin. Fill in your details: Will be displayed Will not be displayed Will be displayed. Share this Comment: Post to Twitter. Investing Bad bet or value buy?
Shilpa Medicare investors eye Laurus-like returns, but past capex yet to fire 10 mins read. But there is a lot of work to be done: CEO 17 mins read. An income tax return is a form that enables a taxpayer to declare his income, expenses, tax deductions, investments, taxes etc.
The Income Tax Act, makes it mandatory under various scenarios for a taxpayer to file an income tax return. An income tax return is a form filed to report the annual income of a taxpayer. There may be various reasons for filing an income tax return even in the absence of income. A taxpayer may want to file his income tax return for reporting his income for a financial year, carrying forward losses, claiming an income tax refund, claiming tax deductions, etc.
The Income Tax Department provides the facility for electronic filing e-filing of an income tax return. Before discussing the steps involved in the e-filing of income tax return, it is essential for a taxpayer to keep the documents for calculation and reporting data in ITR.
0コメント