Senior Citizen Tax Benefits | Income Tax Return Filing Exemption for Senior Citizen | Section 194P

[@incometaxwallah]

Subscribe us For More Senior Citizens related Taxation Updates Team Income Tax Wala

[@gudddus7482]

क्या खेती से आय पे इनकम टैक्स लगेगा ? सीनायर सीटी जन को पेशन प्लस खेती से

[@csmaurya9816]

For Senior Citizens even exempted from ITR filing but it's necessary because in case of Accidental death their kins will get 10 times, of Annual Income shown in the ITR. Therefore file ITR.

[@incometaxwallah]

oh my god, aap to kaha tek sochate hain my dear seniors, sir ITR bhar le ham to jyada accha hain death tek kyu soche. please

[@chetan03051962]

इस बारेमे इन्कम टॅक्स deparment का कोई circular hai kya?

[@incometaxwallah]

yes, section 194P hain - google pe bhi mil jayega

[@chetan03051962]

Ok thanks

[@brijkishorsaxena4732]

नमस्कार, आपने बहुत महत्वपूर्ण जानकारी प्रदान की है। हार्दिक शुभकामनाएं ।

[@incometaxwallah]

आपका बहुत बहुत धन्यवाद कि आपको हमारी विडियो पसंद आई इस विडियो को शेयर किजिये ताकी बाकी सभी लोगो को फायदा मिल सके

[@vedgupta1]

Thank you for sharing very useful information for senior citizens ❤

[@incometaxwallah]

Our pleasure!

[@atishchandraghosh1084]

​@@incometaxwallah For refund of TDS deducted by Bank for non submission of form 15H at banks in time is filing ITR is the only option left ? Age 85

[@KodarHanderay]

आयकर से संबंधित जानकारी बहुत ही सराहनीय लगी इसके लिए बहुत बहुत साधुवाद।

[@incometaxwallah]

आपका बहुत बहुत धन्यवाद

[@pravinshetty6228]

It’s high time that ITR is abolished. Government collects taxes in many ways I.e.GSt road tolls CST Sst etc. it’s the middle and working classes that suffer the most.

[@incometaxwallah]

Hope for the best

[@proudofindiandemocracyocra1445]

Income tax is direct tax whereas GST is indirect Tax . Therefore both are different from each other . Abolish and imposition of any tax is empowered to Parliament .

[@ravisaxena3464]

Bahut bahut dhanyawad Sir Good Information Income tax return ke Good News dene ke liye respected sir pranam 🌹🙏🙏

[@incometaxwallah]

Parnam ji , aapko video pasand aai iske liye hum aur hamara chainal aapakaa aabhari hai

[@chimanbhaipatel4890]

Thanks for providing this best information.

[@incometaxwallah]

Glad you like our videos

[@mayurparmar5376]

Income tax should be removed as we pay higher GST

[@incometaxwallah]

it should be , you are absolutely correct

[@sandhyanair3438]

Yes.. Double tax lerhe...

[@Rajkumarijain-ht3wz]

When you are call the retired person. The why you want to break them in different groups. Don't you thing that he ca not other income. Make the age artless 70 in ace of 75. I my self is a senior person ,a single lady with no income from a y other way. Hope you will once think of it from jodhpur. Make age as70 he or she is a senior citizen.you will blessed by many hearts.THANKS THANKS THANKS .

[@Rajkumarijain-ht3wz]

Asenior caterers is a member as he cross 60 and out of job. With social stress he has to face end less problems. Now you also add one less to this one more to that one WHY WHY you fell good doing so THINK THINK FOR GOD SAKE FOM JODHPUR

[@DevenVerma-nn7ck]

@@mayurparmar5376 modi ke foreign tour aur roj ki 4-5 dress ka kharcha kaise ayega....

[@sureshkhandare8810]

SBI ek aaisa bank hai yanha form submit karne ke bawoojood bhi TDS kat dete hai jab bank me enquiry karte hai to kahate aap ka form hame mila hi nahi jab ham unko kahte ha hame duplicate form pe sign do ki aapko form hamne diya hai to kahte ha stamp aur sign ko koi jarurat nahi..asisa sabse khatrnak sbi bank hai

[@incometaxwallah]

you are right.

[@visvia1887]

SBI Bank mein toh sab manmani chalate hai. Sab se jayada kharab bank apane country mein hai.customer enemy if possible avoid this bank.

[@sureshkhandare8810]

@@visvia1887 ji sir absolutely right I have very bad experience.. sabse worst bank sbi aur us se bhi jyada unka staff..agar katar me akhri admi khada hai aur lunch time hota hai to to armse Lunch time display board laga dete hai..

[@incometaxwallah]

many people have worst experience.

[@visvia1887]

@@incometaxwallah Really my sad experience from childhood and still nothing changes in working style.present i have 63 years.

[@muralikrishnamacharyulugud8469]

All pensioners above 75 years should get relief from submission of Tax Returns irrespective of income.

[@incometaxwallah]

you raised a very valid point. if govt. do like this, the respect of all senior citizens, super senior citizens increases. and all old age home will be shut.

[@OmprakashSingh-uy3fs]

आपकी प्रस्तुति प्रशंसनीय है।..इस मई में ७५ वर्ष पूरा करने के बाद मैं कुछ परामर्श चाहता हूं- (१)मैं प्राईवेट सेवा विभिन्न प्रांतों में किया और हर जगह बैंक खाते नये खोले क्योंकि तब खाता ट्रांसफर कठिन कार्य था. (२)मेरे एक से अधिक खाते हैं, सरकारी बैंक में ही हैं. (३)पेंशन ना के बराबर है (मात्र रु१,३५४/-). बच्चे नौकरी करते हैं, खर्च के लिये दे देते हैं. (४)पहले जब नौकरी में था तो रिटर्न भरता था, टैक्स भी भरता था. (५)रिटायर बाद टैक्स लिमिट से बहुत नीचे आने के बाद अब इधर कुछ सालों से रिटर्न भरना छोड़ दिया हूं। (६)हां एक लघु जोत का किसान बनकर कुछ अर्जित करके मुचुअल फंड में निवेश शुरू किया हूं। (७)ऐसी स्थिति में मुझे क्या करना उचित होगा ? बताने का कष्ट करेंगे .

[@incometaxwallah]

आपकी सारी बाते हमने पढी हैं - आपने अपनी जो इनकम सोर्सेज और इंवेस्ट्मैंट बताये हैं उनके अकोर्डिंग आप इंकम टैक्स रिटर्न फाईल करना शुरु किजिये

[@OmprakashSingh-uy3fs]

@@incometaxwallah बहुत बहुत धन्यवाद, सर ! आपकी राय महत्वपूर्ण है .🙏

[@OmprakashSingh-uy3fs]

मेरे लिये कौन ITR form उपयुक्त होगा ?

[@satishraval1704]

Thanks for information on Sec 194 P. Interest on accrual on different time series of FDR with different rate is difficult. Dividend be it from MF or shares through Demat for any amount- will it disentitle (as most senior citizen) during his life time make such investment. In 26AS, ten percent deduction, one can calculate his/her taxable income from FDR. For pension income, one bank account is possible. For exclusive interest income, is it mandatory to have only one SB with a government bank who usually give higher rate of interest. For loan and visas, usually ITRs filed and assessment orders are preferred. Such senior citizen usually get some rental income also. With experience of bank officials’ working, expecting efficiency in determining total tax liability, is doubtful. It’s better to pay some amount for correct filing of ITR. It’s more an eye wash to gain popularity. Please correct me if I am wrong.

[@lgpatil1955]

Good Morning Sir, ... Please let me know is it u/s 10 is applicable & exampt to the Pensioners getting Rs. 15000/- per months in (old regime) If yes then how it is calculated. ... If someone is getting pension Rs 50000/- per month.

[@kishanprasad6536]

Thanks sir ur valuable information.

[@incometaxwallah]

So nice of you

[@VijayKumar-ml6wg]

Thank you Sir, video was very informative. Further, I would like some help to file my ITR for AY 24-25, appreciate it if you could suggest somebody. Warm regards.

[@incometaxwallah]

you may availe our website service for filing Income Tax Return - Link is below letsmakecompany.com/income-tax-return.php A Trusted and Realiable Plateform

[@amudholakia3750]

What about refund,if senior citizen is under the exempted slab

[@incometaxwallah]

100% refund milega

[@damodarsharma4716]

ऐसे वीडियो से लोगों के मिसगाइड होने की संभावना है। क्योंकि भविष्य में कभी भी return भरने की अवश्यकता पड़ सकती है। उस परिस्थिति में discontinuity in फाइलिंग रिटर्न की प्रताड़ना झेलनी पड़ेगी।

[@incometaxwallah]

Video dekhne ke baad hi aap kuch likha kijiye

[@incometaxwallah]

But aapki baat ko consider karenge hum.

[@gudddus7482]

सुना है की 6 /7 लाख तक इनकम टैक्स फ्री है तो ITR क्यो भरवाया जा रहा है

[@visvia1887]

@@gudddus7482 ye sab nai btayega.

[@incometaxwallah]

itr isliye bhawaya jata hain taakii govt ko inforamtion jaye ki basic exemption limit se jayada inocme ke sources kya hain , so that govt apna data ready kar sake

[@amittoppo7557]

Excellent Information

[@incometaxwallah]

Thanks and Glad you like our informative video . keep watching and sharing

[@PC-yo11]

Kya senior citizen or super ss pension ke sath share market me invest kar sakte hai ya mutual fund me???? Ydi ha to itr bharna padega kya yadi 7 lakh ke niche yearly earning ho to?

[@Mr.Rahul_Plays01]

Sir ek question hai mera Maine Apne Father ka Bhot Saal se ITR file nhi kiya hai Mujhe Pehle malum nhi tha kya ab mai Purana aur nya ITR file kar skta huu

[@incometaxwallah]

Yes, file kar sakte ho

[@paremsharama585]

Aar zself pension or ramily penion dono avail kryayho jo diffrent bank se aaty hai tab kya kare

[@incometaxwallah]

is case mai itr file karna mandatory h

[@патханиапанкадж]

Form 12BBA required to submit every year by super senior citizen?

[@incometaxwallah]

yes

[@Rajkishoresahu-dn6rd]

Good morning sir,... Please let me know is it

[@incometaxwallah]

Morning- whats you wanted to know

[@MajorVasu]

I agree after 75 atleast no INCOME TAX BE DECLARED. GOVT SHOULD THINK BETTER FOR SENIORS. GOD BLESS

[@incometaxwallah]

you are absolutely right. Thanks

[@ashokdilliwalashow]

Very interesting and informative video

[@incometaxwallah]

Glad you enjoyed it

[@madhumatichilakwad5249]

I have two doubts, one is can 12BBA form be submitted online? Second is this has to be submitted every year or only once? Thank you Sir.

[@incometaxwallah]

Form 12 BBA submit off line every year has to submit

[@madhumatichilakwad5249]

@@incometaxwallah thanks for quick response.

[@tapasranjansanyal8718]

In this year (October 24) I redeem some Mutual Fund near about 215000/-. I know 125000/- must be deducted before Tax calculation. I am a Pensioner my question is which ITR will submitted.

[@incometaxwallah]

itr 2

[@JairajKamthan]

Sir, thank you very much for this important information. My income consists of a very small EPF pension, interest from Savings, FD, and also small amount of annuities from SBI and LIC. Kindly clarify whether even with these annuities, I am exempted from filing ITR.

[@incometaxwallah]

you are not exempted with your these kind of income. hence file itr in form 2

[@JairajKamthan]

Thank you very much sir.

[@amitavaroy6030]

Sir avi tok west Bengal mey start nei hai

[@incometaxwallah]

Sabhi jagah ye deduction milti h

[@denziljames8346]

Some Sr Citizens come in ITax we get only 2500 monthly income so how can be ITax

[@venkateshmurthy5557]

The print in ur vedio is not visible clearly. Pl verify and. Correct. Thanks for ur good service and information.

[@incometaxwallah]

Check again, its clear . if you still face any problem , send whatsapp text us at 8448820204

[@ashikumarsharma9202]

Sir is it necessary to mention your bank account if you are due for refund ?

[@incometaxwallah]

yes

[@padminihemraj3052]

Good information Tq👍

[@incometaxwallah]

thanks, keep watching and sharing

[@ramachandranps4229]

Thanks good information -- I am 89+ so I got chance as my income is only pension

[@incometaxwallah]

good

[@rnjoshi6374]

Why such rigmarole for sr. Citizens? On completion of 75th year, he should be declared exempted from IT net

[@incometaxwallah]

you are right, but many senior citizens still have income which is not earning youth of India.

[@rajivvaidya2222]

Young generation will take disadvantages of this by declaring income in sr. citizen's name.

[@incometaxwallah]

intelligent answer, you are the only person who understand the situation. and given right reply. Hats off to you Mr Rajiv Vaidya

[@pramodinamdar424]

Sir please guide us about after retirement up to 75 I.e. junior citizens

[@incometaxwallah]

Same provision applicable even after 75 . Except 1 that is paper return allowed at age of 80

[@PratapsingPatil-o1d]

Very nice and beautiful tips and tricks for latest updates on the same in the information 🎉🎉🎉

[@incometaxwallah]

Hame Khushi Hui, you like our videos,

[@tarloksingh2141]

Thanks Sir.🎉

[@sujathaharish3539]

Is it mandatory to deduct tax from monthly pension of a senior citizen. Is the payment of advance tax compulsory for a senior citizen

[@incometaxwallah]

1. tax deduction from pension is depend upon your pension amount. 2. senior citizen are not requried to pay advance tax u/s 208 . but they must pay tax liabiality if any at the time of filing itr

[@56dileep]

AS PER NEW RULE SR CITIGEN NOT REQUIRE TO PAID ADVANCE TAX. IF THEY NO HAVE BUSINESS INCOME. I HAVE INCOME FROM SALARY, INTEREST INCOME AND SHARE TRADING ( SHARE TAKE IN DELIVERY NO ITRADAY TRADING. SO PLEASE ADVICE

[@incometaxwallah]

advance tax new aur old tax regime dono mai hi pay karane ki liability nahi hain aapki income ke according aap itr 2 mai apni tax return file kijiye aur itr filing ke time apna tax pay kijiye,

[@diliphalbe61]

If I have more than one savings account with savings interest and FD’s the do I qualify for above scheme?

[@incometaxwallah]

No,

[@ginis0011]

30000*12=336000 9000*12=108000

[@atiquzzamanmohiuddin844]

I think after the age of 70, income tax filing shouldn’t be continued.

[@incometaxwallah]

You are right, it must be

[@MrSkbhatnagar]

So that all Politicians get exempted

[@KananBandyopadhyay]

70 n above aged citizens having pension n interest income must be exempt from paying income tax because they incur huge expanses suffering from various old aged ailments. This should be of immediate effect in India.

[@Vijval-c1f]

Sir I am 66 year old man, I have FD in Post Office only, but I have opened an account in another bank, but no FD, only account opened, should I file ITR? My annual income from interest is Rs 2 lakh 12 k

[@incometaxwallah]

i am sure, tds deducted on your interest income. if tds is there - file itr mandatory if no tds - its your choice to file or not but it is recommended to file itr

[@Vijval-c1f]

@@incometaxwallah Thank you sir

[@rameshgoyal6916]

Sr ctzn don't have any income but only these r only retirement benefits after 50 yrs regular services and should not netreated as income.

[@saahilgaming3893]

Sir 9ne question im having is Im a CA ASPIRANT EK BAT BATYEA KI if a person is filing form 12BBA its simply a alternative to ITR bat to wahi ha na........ And u/s 194P if bank is deducteing TDS and agar us senior citizen ka basic exemption limit is not crossing then also usko double kam krn higa for refund?????

[@incometaxwallah]

first of all , if specified senior citizens file form 12 BBA - he doesn't need to file itr. If tds is there - bank will pay only balance tax liability. if tds is there but income is below exemption limit - file form 15 G/H so that tds would not deduct. but if still tds is there then file itr and take it back.

[@mohammedasad3335]

What about NRI senior citizens of 75years?? Are they exempt from filing return or they are to submit income tax return?? Pls clarify.

[@incometaxwallah]

no, NRI are not exempt. this scheme is applicable for Indian resident individuals only if you wanted to know that who is NRI , who is Resident in indian. pl let us know through comments we will share link of that video

[@attarsingh3545]

Sarkar mai kitane andhe log baithe hain khud manhgai ki vajeh se DA/DR deti hai aur IT ki limit rakhi hai sirf ₹ 2.50 . Kam se kam 5.00 honi chahiye.

[@incometaxwallah]

You are right

[@ajitkhan2715]

I am a sr citizen, I have some investment in shares and mutual fund. How can I show this in itr?

[@premaamin8236]

Good idea. We required crore rupees. To purchase house.for living there required money.We are not even one percent like Mukesh ambani.they are spending blindly so many crore rupees.We are struggling life day and night working.little money we have that also tds cutting.In India there is no justice.

[@n.kmaurya8805]

I am 68 yrs old and have income around 2L per annum from my pensions. Due to name difference in PAN vs Aadhar my PAN. I have left no option in Aadhar to correct my name as per PAN. How can I sell flat property worth 40 lacs without having active PAN.

[@smohanty3507]

Mere father ke age 84 yrs age hain aur wo paralysis patient hain..inka koi income last 20 yrs se nahin hain..income zero hain.. Wo abhi ek plot sale kiye hain..70 lakh profit hua hain.. Kitna tax dena hoga

[@incometaxwallah]

iske liye hame kafi information chaiye aap paid consultion lijiye. connect to us on whatsapp [phone]

[@shashisethi5143]

How we will get TDS return if not file ITR

[@incometaxwallah]

Without itr, refund not possible

[@ramchandradagadu1342]

Pl. Clarify, if a senionar citzen having 3 bank accounts in three different banks, then ....... ...

[@incometaxwallah]

then he / she is not eligible for section 194P benefits

[@Bhartya6804]

Saare senior citizens ko Dubai chale jana chahiye. No return filling, no income tax, good facilities , no CA KA tktktk....

[@incometaxwallah]

very nice. 😆

[@sudhakarmadanambedu6335]

I will try to go

[@digamberpant2575]

Sir I heard on TV PM Sir said up to 7 lakh we don't have to pay tax What is that Regards Digsmber Pant

[@incometaxwallah]

its right if you file your itr in new tax regime for that your taxable income must be 7 lac or below

[@nvnair4466]

If the pension drawing in different Bank (ie one Defence pension and another civil pension)+3lakhs FD in one of above Bank.Pse do clarify)

[@incometaxwallah]

File itr, it's mandatory, 194P would not work

[@gopalthiagarajan7134]

Thank you dear for the useful information

[@incometaxwallah]

My pleasure 😊

[@smuneerahmad7527]

Caption is confused and wrong. Instead of saying senior citizens you must've said above 75 years of age group persons are not required to submit ITR filing....thankyou

[@incometaxwallah]

sure, will consider your feedback.

[@deonarayanmahto7510]

इन्कम टैक्स कम्पलीट बंद होना चाहिए । एक्साइज को छोड़कर सभी टैक्स बंद होना चाहिए । सिर्फ एक टैक्स होना चाहिए, "बैंक ट्रांजैक्शन टैक्स "(BTT)

[@venkataramaiahm7913]

How long we have to wait for submission of IT Return since some mutual fund organisations continue to send TDS amounts to IT department ? even after 31/03/2024

[@incometaxwallah]

You should start itr filing near about 10 june 2024

[@venkataramaiahm7913]

What will happen if after filing ITR if any financial institution sends TDS to IT dept?

[@incometaxwallah]

its a loss for you, becasue you would not be able to claim that tds which is updated after filing of your itr

[@indrabhushan7809]

Link for form to be submitted to bank so that super sr.citijzen may download

[@incometaxwallah]

yes, you can download form from description of this video

[@elsyjoseph4431]

Thank you sir

[@incometaxwallah]

Always welcome, soon a unique video also publish, various benefits and deduction for senior citizens. Thanks

[@artisahai3387]

Sir 25 years se bedridden ek 72 years ka insaan kya benefit le sakta hai?

[@SHAHNAWAZKHAN-sd7lv]

I am a senior citizen of 75 years+ but I receive pension more than 5 lacs in a year n I have more than one bank account . So It is necessary for me to file ITR.

[@incometaxwallah]

Yes, it mandatory for you considering your income

[@AnwarKhan-ev3ff]

Mujhe abhi ek saal ho gaye leykin abhi tak mera Paisa return nahi aaya, kya hua??

[@incometaxwallah]

Kisi purani demand mai adjust ho gai hogi adjust

[@SipraMajumdar-c9l]

Income Tax advocate Rs 500 ke liye bataega 80 ho ya jada up ko return varna Padega

[@incometaxwallah]

ok ji

[@gulshanpasrija9837]

Please send me the rules if my Mediclaim premium is paid by my son, can I avail u/s 80 D

[@incometaxwallah]

kzbin.info/www/bejne/jXa5aKuCg55_ftU

[@kedarnath927]

वरिष्ठ नागरिक जिसकी उम्र 60 से उपर और 75 से कम है तो इनकम टैक्स में उसको क्या क्या छूट मिलती है ।

[@incometaxwallah]

जी साब जी आप ये विडियो देखिये इसमे वो सभी छुट हैं जो सिनियर सिटिजंस को मिलती हैं kzbin.info/www/bejne/pJzCfmuah9KJnc0 आप्को ये विडियो कैसी लगी - उस विडियो के कमैंट्स मैं बताना

[@mashaallah9984]

Mera TDS 24month sa nahi mila 22jan 22 to 24

[@incometaxwallah]

abhi only 23-24 ka refund mil sakta h. connect with us on whatsapp [phone] subscribe us for more updates

[@pushpamahendroo6075]

FD and savings par income tax nahi katna chahiye.

[@incometaxwallah]

you are right, but right now there is no such law

[@aroliveetilnarayanan8969]

I am 82 yrs. I have an scss a/c in post office. Do i have to file ITR. kindly clarify.

[@incometaxwallah]

if you post office deducted your tds for interest on senior citizen saving scheme deposit, then you must file your itr and claim it. but if you have your one saving account in any govt bank. then you file form 12BBA to that govt bank and declare your post office income and tds in form 12BBA . than you no need to file itr . Bank will take care of it. subscribe our channel if you like our videos. in next few days, 2-3 videos also coming for senior citizen tax saving related

[@sanjeevbhavsar4330]

15 H Form as a sinior citizen submitted in bank. Any other Form required to submit

[@incometaxwallah]

See form 15H is for non deduction of tds To get immunity from filing of itr You need to file form 12BBA

[@sudhakarrbhayya3058]

INCOME TAX DESH KA POPULATION MEN 8 PERCENT LOG BHI FILE NAHI KARTHE AUR TAX PAY KARTHE ONLY SALARY MILNEWAON HI BAKRA BANTHE HAI. 100 PERCENT DESH WASION TAX BHARNA HAI INCOME TAX DEPARTMENT NIKAL DENA AUR HAR VASTU PER TAX LAGANA JO ZYADA ISTAMAL HOTA HAI. ISSE 10 GUNA INCOME GENARATE HOGA.

[@baldevsingh3568]

Deceased parents k a/c se Mila Paisa bhi kya income tax me count hoga sir, ?

[@incometaxwallah]

No, it's 100% tax free

[@bholabahuguna8319]

Fantastic indeed,

[@incometaxwallah]

Indeed! many thanks , thanks for listing. keep watching and sharing our videos to spread tax awareness

[@shireenmukhtar1099]

If one has account in more than one bank then

[@incometaxwallah]

if more than one bank account or account in private sectior bank. these provision u/s 194 P not applicable

[@ashokdalvi7965]

Pension should not be treated as Income!🙏

[@incometaxwallah]

but pension is income to a retired person.

[@SajjanKumar-z2x]

Thanks sir

[@incometaxwallah]

Always welcome. Keep watching our videos and share it with your friends

[@satishbhangaonkar9409]

Basically their the should be 70 ears and their should be any responsibility of paying any tax whatever income .

[@incometaxwallah]

you are right but there is no such provisions

[@nvnair4466]

I have dual pension.1 .Disability pension from Defence excused from IT as per govt letter from Union bank of India.3 lakhs FD at same bank.2.civil pension from Canara bank but joint acct (No job and no income to wife) Am I eligible for exception of IT filing?Pse do guideme.Regards

[@arshaikh3761]

I am 3 saving bank accounts- no income except from pension and fds. How can I be benefitted u/s 194P. Should I file it in the pension receiving bank? Pl guide and obligew

[@incometaxwallah]

for claiming benefits u/s 194P - TWO pensions are allowed but two saving accounts are not allowed. So you are not eligible for 194P Hence, you must file your itr for financial year 2023-24

[@surendrakumargupta6423]

Like very nice

[@incometaxwallah]

glad you like our video, keep watching

[@vijayranpise2637]

👍 thanks

[@incometaxwallah]

Welcome 👍

[@JA-xw9uf]

Filing Returns are not for Govt. but to make a source of unholy income for the so called Chartered Accountants. 'One Nation One Tax' policy must be implemented in India in which cash transaction above Rs.5000/- (Rupees Five Thousand) should be banned. Of course, any litigation arising out of cash payments above Rs. 5000/- should not be entertained in courts. And all payments above cash limit should be through cheque /NEFT/RTGS/UPI and must accompany a fixed rate of Tax on the payment which would be directly deducted by the banks and sent to ITD. By this the layman as well as the professionals all would be free of tension of Filing Tax Returns and the jamela associated with it. It is our national productivity time that is lost in the process. It is high time GOI thought of One Nation One Tax.

[@incometaxwallah]

We think you have problem with CAs

[@ramnoberoi9661]

Sir social security nahi milati😮

[@incometaxwallah]

ye hi too problem hain

[@milindrajadhyaksha7683]

अगर सिनियर सिटीझन का इतनाही खयाल है तो हेल्थ इंश्यौरंन्स का GST हटा दो

[@incometaxwallah]

आप बिल्कुल सही कह रहे हैं आपके विचार को हम सल्युट करते हैं

[@rameshwarsharma9693]

आपका वीडिओ तो ठीक है लेकिन आपके 75 परसेंट शब्द इंग्लिश मे होते है इसलिए हम हिन्दी भाषी ठीक से नहीं समझ पाते हो सके तो पूर्ण रुप से हिन्दी मे बोलिये तब अति उत्तम रहेगा

[@incometaxwallah]

Will consider your request

[@gourpal6304]

What is new in it ?

[@incometaxwallah]

Everything is new and unique.

[@jagadishdeshpande2802]

Sr.citizen जिसको eps 95 तहत मासिक 1000/1500 बीडी काडी पेन्शन मिलती है और कुछ बची हुयी पुंजी SCSS scheme में निवेश करते और ऐसे कुछ लोग 15 H form submit करने के बाद भी Income tax deduct होता है ये लोग कैसे जिंदगी गुजारे इस पिरीयड में मेहंगाई किती थी और औषधोपचार खर्चा कितना था ये Income tax वाले इसके बारेमे सोचते है ये कैसा logic है तो tax बचाने के लिये सिनियर सिटीझन लोगो ने क्या करना चाहिए

[@brijmohansharma991]

Wherefrom declaration form to obtain

[@incometaxwallah]

Chk in description

[@rajagopalansrinivasan12]

I m age 69. Only pension 30,000 and otherFD int 9000/_ applicable tax

[@incometaxwallah]

No tax applicable for you on such incomes

[@anilkumarverma7670]

मैं सिनियर‌ सिटीजन हू और मेरा टोटल इनकम 272000.00 होता है तो मेरा टी डी एस बैंक काट सकता है

[@incometaxwallah]

बैंक आपका टी डी एस काट सकता हैं लेकिन आप फार्म 15 एच इस विडियो के डिस्क्रिप्शन से डाउंलोड कर लिजिये , और फिल करके बैंक को जमा कर दे उसके बाद बैंक आपका टी डी एस नही काटेग़ा फार्म 15 एच इस लिंक से भी ले सकते हैं आप bit.ly/3UOd50H

[@gudddus7482]

​@@incometaxwallah और जो TDS बैक द्वारा काट लिया गया है वापस केसी आएगा

[@chandrakantkadoo1979]

very fast dialogue. cannot understand pl go slow

[@incometaxwallah]

Sure , will consider your concern

[@cricklover6964]

This is not so simple as Hon'ble CA has expalined in this videos

[@incometaxwallah]

glad you like our videos, thank you so much for your compliments subscribe this channel for more updates

[@ashokkamdi2793]

Exempt income tax on pension from retired servants.

[@incometaxwallah]

you are right but if pension above taxable limit then its taxable.

[@rajinderrawat2015]

Pl.disclose the age of specified citizen.

[@incometaxwallah]

its there in video. however , a senior citizen who attain age of 75 years is called specified senior citizen

[@jaivirsinghVerma]

JITNA BATAYA JAA RAHA HAI INCOME TAX MAIN HURR KOI 75+ PUR SABHI AATE HAIN

[@incometaxwallah]

Good

[@incometaxwallah]

Ok ji

[@vineetshende321]

What about the senior with physical disabilities

[@incometaxwallah]

for senior citizen with physical disabiltiy there are other deduciton provisions u/s 80D, 80DD and 80DDB.

[@vineetshende321]

@@incometaxwallahthank you sir

[@neerjasharma1079]

Government not given any benefit for senior citizens. No pension increase for bankers . Union maja karti hai. We get peanuts

[@incometaxwallah]

you are right

[@pankajmarwah2660]

At the age 76

[@incometaxwallah]

at 76 age, all provisions applied of this video except 1 which is physical itr filing

[@krishanbahadur9994]

सर मै 81पलस का पैनसन भोगी हू मेरा पैनसन स्पर्श के माध्यम से मिलता है ITR मै हर साल फाइल करता हू यह12BBA FORM कहा से मिलेगो

[@incometaxwallah]

Nice, issi video ke description Mai form 12BBA ka link Diya hua h. Aap download kar sakte h

[@radhaballabhkukreti7482]

यदि किसी सुपर सीनियर सिटीजन को दो पेंशन मिलती है और दोनो पेंशन अलग अलग बैक मे आती है एवं कुछ पैसा FD का एक कोऑपरेटिव बैक मे हो तो उसे क्या करना चाहिए? कृपया बतलाए। धन्यवाद

[@visvia1887]

2000rs. bhi pura pension nahi aata hai aur advice de rahe ho itr file karne ka.

[@incometaxwallah]

bhai sab ye video sab ke liye hain. kisi ki pension kam yaa jyada ko mind mai rakhte huye nahi banai hain

[@visvia1887]

@@incometaxwallah toh clear bolo sr.citizen sab koi high pension vala nai hai.jiska high pension hai vo ye video nahi follow karte .CA se advice lete hai.

[@incometaxwallah]

OK JI