Why & How to disclose exempt income in Return(ITR)/करमुक्त आय को रिटर्न में कैसे व क्यों भरें

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Tax Gyan by O.P. Yadav

Tax Gyan by O.P. Yadav

Күн бұрын

Пікірлер: 153
@ashishpali9656
@ashishpali9656 6 ай бұрын
Very nice sir. Full information provide kiya aapne details me. Thanks a lot.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 6 ай бұрын
My pleasure. Regards
@pvnair1205
@pvnair1205 Жыл бұрын
Very nice explanation Sir. Expecting more such educational videos.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Thank you very much. There are 101 videos on my channel and more to come. Have a look on playlists, you may find them useful. Keep watching and sharing. Regards
@yuvrajthakur3990
@yuvrajthakur3990 3 жыл бұрын
सर, 75वे स्वतंत्रता दिवस की आपको हार्दिक शुभकामनाएं। बहुत महत्वपूर्ण जानकारी सर।
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
आपको भी स्वतंत्रता दिवस पर हार्दिक बधाई युवराज । आपके फीडबैक से मुझे खुशी हुई । keep watching.
@MrVeer58
@MrVeer58 2 жыл бұрын
A very detailed explanation regarding exempt income. You style of explaining things is very nice. Many thanks for this very important video.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thanks a lot for your encouraging words dear Mr.Veer. 89 videos on my channel and more to come. Please share link to your contacts. Regards
@triplicanebhasker8172
@triplicanebhasker8172 2 жыл бұрын
Your explanation has been lucidly explained for the layman. Your book on Transfer Pricing shows that you have a flair to explain the complex provisions of the Incometax Act. Thank you sir.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thank you very much dear Bhaskar. Regards
@vinodmisra1034
@vinodmisra1034 2 жыл бұрын
Sir, you have explained exempted income and income for reporting purpose very nicely and elaborately for which I appreciate your efforts done for society at large which will go a long way in submitting ITR properly by themselve. Your efforts for society are appreciable and applaudable. Thsnks a lot. God grace and bless you. Regsrds.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thank you very much dear Mishra Ji for your blessings. There are 91 videos on my channel and more to come. Keep watching. Regards
@nilanjandey9767
@nilanjandey9767 3 жыл бұрын
Sir, this is another important subject touched upon by you. The implication of non disclosure of exempt income has been lucidly explained. Thanks for these information filled videos.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Happy to know your feedback dear Nilanjan.Keep watching.
@pdekarmakar
@pdekarmakar Жыл бұрын
Thanks a lot Sir, very nicely and elaborately discussed on this important topic, very much helpful and knowladgeable, wish you be well & good always.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Thanks and regards.
@janardhansnair4371
@janardhansnair4371 3 жыл бұрын
The consequences of not showing the exempt income in one's return.. very nicely explained Sir..
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thanks for liking dear Janardhan.
@arupdaschaudhuri637
@arupdaschaudhuri637 Жыл бұрын
Sir, Beautiful explanation 🙏
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Thanks and regards, dear Chaudhary Ji.
@rajeshtiwari7664
@rajeshtiwari7664 3 жыл бұрын
Thank you Sir for taking this very important topic.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you dear Rajesh.Keep watching.
@vimalakumari7247
@vimalakumari7247 2 жыл бұрын
Sir very important issue dealt by you. It is very informative and useful..🙏🙏
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
So nice of you dear Kumari. Keep Watching.
@rajabhaiyaprajapati813
@rajabhaiyaprajapati813 3 жыл бұрын
This is gist . Excellent.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thank you very much dear Prajapati ji. keep watching and sharing.
@latheefpm7346
@latheefpm7346 6 ай бұрын
Very well explained sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 6 ай бұрын
Thank you very much.
@ajaikumarsingh7265
@ajaikumarsingh7265 3 жыл бұрын
Sir,Bahut hi auccha🙏
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
बहुत बहुत धन्यवाद प्रिय अजय ।
@minipanicker8530
@minipanicker8530 3 жыл бұрын
Sir, the requirement & need to disclose exempt income in ITR is indeed valuable information, which has been explained in a very simple manner.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thank you very much for watching dear Mini.
@sheetalshashwatverma2596
@sheetalshashwatverma2596 3 жыл бұрын
Very informative video Sir. A very helpful video to understand the importance of mentioning the exempt income. Saves a lot of future trouble for the tax payer by taking a small pain to mention these details in the Income tax return.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you, keep watching Dear Sheetal.
@mkumar78
@mkumar78 2 жыл бұрын
very informative. Thank u sir.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Glad you liked it dear Kumar. 84 videos on my channel and more to come, keep watching. Regards
@bhartirajegoel8336
@bhartirajegoel8336 3 жыл бұрын
excellent sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you, keep watching.
@ashwinikumar1661
@ashwinikumar1661 3 жыл бұрын
Very valuable information!
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thank you very much dear Ashwini ji.
@telugutraditionalvantalu
@telugutraditionalvantalu 3 жыл бұрын
Very informative sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you dear Sarala, Keep watching.
@6GazHandmade
@6GazHandmade 3 жыл бұрын
Very good and useful information...each and everyone should know about the information 🙏
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you.Keep watching.
@sunitabhattacharya8994
@sunitabhattacharya8994 3 жыл бұрын
Sir, very valuable input and so well explained. The sections for exempt income, how and why it is necessary to show the exempt income in return It will help at the time of filing return by tax payer. It will also help the Income tax Authority in determining the tax after the exempt income as shown in the return by the assesssee.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thanks for your valuable feedback dear Sunita.
@vineetarawat2209
@vineetarawat2209 3 жыл бұрын
Thank you sir for keeping us updated.. You have taught many topics so humbly... I have subscribed to your channel because I understood such complex topics with ease.. I have some questions for you sir.. I work in state govt and my husband who expired because of Covid-19 worked in Indian Railways. I have received amount of gratuity, leave encashment, group insurance scheme, family pension from Indian railways, amount of ppf account from bank and Covid-19 ex gratia payment from state govt. Where should I show these amounts in income tax return? Please tell me whether I am right in following cases:- 1. Amount of Gratuity, leave encashment, group insurance scheme from Indian railways- exempted income only for reporting purposes 2. Amount of Family pension from Indian railways- Income from other sources. 1/3 or 15000 whichever is less will be exempted. 3. Amount of ppf closure on death from bank- Exempted income only for reporting purposes. 4. COVID-19 ex gratia payment from state govt.- 10(10BC)
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thank you very much for your feedback Vineeta ji. Hope you have already watched my videos on "Retirement Benefits" , "Standard deduction on pension and family pension" and " Government employees group insurance scheme". Please share your contact number on my email id opy.y6068@gmail.com , It will be my pleasure to speak to you and make your understanding more clear. Regards
@vineetarawat2209
@vineetarawat2209 3 жыл бұрын
@@TaxGyanbyOPYadav Yes sir I have watched your videos but mostly cases are covered under retirement benefits.. can you please make a separate video on death benefits to family members and its tax implications? It will be easier to understand with the help of a detailed video. Many people have suffered because of Covid-19. It will be a great help from your side.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thanks for your valuable suggestion Vineeta ji. I will publish a video on topic suggested by you at the earliest. Keep watching.
@vineetarawat2209
@vineetarawat2209 3 жыл бұрын
@@TaxGyanbyOPYadav Thank you so much sir
@Ezio-lp8iq
@Ezio-lp8iq 2 жыл бұрын
Sir/Mam, Does those exempt components (pf,gratuity,covid comp) need to be shown in ITR as some are compensation and not income due to death...there seems to be no proper section to disclose this..please guide
@manisingh8879
@manisingh8879 3 жыл бұрын
Nice video Sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thanks dear Mani Singh.Keep watching.
@susovanlahiri8077
@susovanlahiri8077 6 ай бұрын
Sir, very clear explanations. Recently I withdrew NPS maturity corpus. Kindly tell me where to show the amount to claim exemption in online ITR-1. Will remain ever grateful. Thanks and regards
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 6 ай бұрын
I will check and let you know
@tusharsatardekar8937
@tusharsatardekar8937 2 жыл бұрын
Sir, thank you for such detailed yet easy explanation. I have a query on exempt income. 1.When we mention the lumpsum amount of PF received after retirement in section 10(11&12) , why does not get deducted from gross total income ? Also 2.how do I know the components of my PF settlement amount ? Please reply at the earliest, as the clock for filing is ticking Thanks a lot
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Tushar, In reply to query no.1, the amount is not included in the total income, hence, the question of allowing deduction from the Gross Total Income or Total income does not arise. Query no.2 is not clear to me, please share your cotact number on my mail id opy.y6068@ gmail.com. I will promptly call you. Regards
@tusharsatardekar8937
@tusharsatardekar8937 2 жыл бұрын
Thanks for the response. I've written to you sir. Please call.
@SandeepGupta-fr8xe
@SandeepGupta-fr8xe 2 жыл бұрын
How to file interest earned on 54REC bond if filing ITR2...thank you for your help!!.Really liking your videos.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Sandeep, I am really sorry for not replying in time. Hope you have already filed your return. Regards
@TheSharmatube
@TheSharmatube 3 жыл бұрын
Very helpful video sir👍
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
So nice of you dear Sharma ji.Keep watching.
@indiastalent3937
@indiastalent3937 2 жыл бұрын
PPF ka interest report exempt income mai koun c section mai show karna hai
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
As per section 10(11), the amount is exempt at the time of payment, hence, in my opinion it may be reported in the year of payment. On the issue also watch my video kzbin.info/www/bejne/h6qmi4t5Z612bs0 . In case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak to you and clarify.
@indiastalent3937
@indiastalent3937 2 жыл бұрын
@@TaxGyanbyOPYadav dear sir ek or govt ki taraf se jo minor baccha hai us ka ration amount year 500 or uniform amount parents ke account mai aaie to usse itr mai dekahana hot hai ya nhi agr ha to kise section mai report karni hai ya exempt income hai or ppf ka yearly interest itr mai report section mai dekhana jaruri hai kya ?
@vinodalbuquerque2488
@vinodalbuquerque2488 2 жыл бұрын
Sir does annual Interest on PPF can be computed as exempt income
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Vinod Ji, please watch my video kzbin.info/www/bejne/h6qmi4t5Z612bs0 . In case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com.
@ShilpS07
@ShilpS07 5 ай бұрын
Sir should gifts received from relatives be shown under Exempt Income? There have been several articles by renowned CAs on Google suggesting this approach. Could you please clarify this matter?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 5 ай бұрын
Dear Shilp, in my opinion there is a difference between income exempt u/s 10 and the deemed income. If you need any further clarifications share your contact number on my email id opy.y6068@gmail.com
@thari975
@thari975 2 жыл бұрын
Thank you sir for such a wonderful information in simple way. My mother was having PPF account. After her demise, I have received maturity amount, being nominee. Where should I show this amount in exempt income ?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Hari, thanks for watching. Please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak to you and clarify. Regards
@SubhashChander-gu1yd
@SubhashChander-gu1yd 2 жыл бұрын
@@TaxGyanbyOPYadav , why you don't share answer on your chanel? Other may have banifitted.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Subhash Chander ji, thank you very much for your suggestion. There are 86 videos on my channel and more to come. I always try to respond to querries raised by my dear viewers by way of reply on my channel (as early as possible, to the extent possible), however, in certain situations, where the issue is not clear from the query or the issue is not related to the video or issue is debatable or the issue has already been explained in the video ( my other video) , It is always my pleasure to speak to my viwers to understand the issue ( not the financial transaction) and clarify (according to my understanding). Thanks and Regards
@sushiljain9948
@sushiljain9948 2 жыл бұрын
Good morning sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Good morning dear Sushil. Thanks for watching.
@sumitverma3338
@sumitverma3338 2 жыл бұрын
Sir f.y. me gpf,gratuity amount ka itr nahi bhare aur itr ki date nikal jaye to kun sa process hai isko thik karne ke liye Kya karna chaiye please reply
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Sumit, Thanks for watching. आप अपना contact number मेरे email id opy.y6068@gmail.com पर भेज दें . मुझे आपसे बात कर , आपके doubt को clarify करने में खुशी होगी ।
@raghunandansharma2929
@raghunandansharma2929 2 жыл бұрын
Sir pranam very help full video for exempt income sir I have an old ppf acount since last 17 years but never show any amount in exempt income please advice how can I rectified thanking you sir
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Sharma ji, thanks for watching. 84 videos on my channel and more to come, have a look , you may find them useful. On the issue raised by you, please watch my video kzbin.info/www/bejne/h6qmi4t5Z612bs0 . It is always pleasure to speak to dear viewers and clarify their doubts. Please share you contact number on my email id opy.y6068@gmail.com . I will speak to you.
@RajKGulati
@RajKGulati 2 жыл бұрын
Hello Sir... I have two queries.. 1. In my itr how and where to show interest received on saving bank accounts of my two minor daughters.. and exemptions thereof. 2. What amount of health insurance premium paid is to be shown.. including GST or excluding GST.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Rajkumar, thanks for watching. In respect of query No. (1) the facts are not clear, as per provisions of section 64(1A) of the Income-tax Act, the income of minor child to be included in the total income of an individual, subject to exceptions provided. The exemption u/s 10(32) is restricted upto Rs 1,500 with respect to each minor child in respect of income so clubbed. In respect of query No. (2), please watch my video kzbin.info/www/bejne/i3PUhHuur5qgoNU, In case of any further clarification, please refer to relevant provisions of the Act or share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak and clarify.
@uttambandyopadhyay3636
@uttambandyopadhyay3636 2 жыл бұрын
Sir thanks for your valuable advice. Sir I retired during last FY. Other than PF all amount received under retirement benefits included in form 16. Whether it is mandatory to disclose PF amount received from employer in exempted category?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Bandopadhyay ji. thanks for watching. Not disclousure of exempt income does not amount to concealment of income, however, in view of reasons discussed in the video, it is better to disclose. In case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak and clarify. Regards
@ManjeetSingh-x6z
@ManjeetSingh-x6z Жыл бұрын
Sir, rural agricultural land ke transfer se amount receive hua hai. Mai Esko ITR Mai show karna chahta hu. Mai ye janna chahta hoon ke rural agricultural land ke transfer se mila amount income tax act ke kis section mai exempt hota hai?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Please see my reply to your same query raised earlier.
@VinayGupta-wb7zn
@VinayGupta-wb7zn 2 жыл бұрын
Sir, where in ITR3 one can declare the income from buyback of shares, which is non-taxable under Sec. 10(34a)? I am not able to find the place. Thanks in advance.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Gupta Ji, Please share your contact number on my email id opy.y6068@gmail.com . Regards
@Ksshipra24
@Ksshipra24 2 жыл бұрын
Sir how to report annual ppf interest and annual ppf investment. Does annual ppf investment include annual ppf interest?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Shipra, thanks for watching. Please watch my video kzbin.info/www/bejne/h6qmi4t5Z612bs0 . For further clarification, please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak and clarify. Regards
@sunnysangwan1812
@sunnysangwan1812 Жыл бұрын
Sir my father receive financial assistance after my mother demise ..in which head it should be?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Without knowing- Who is giving financial assistance?, What is the nature of assistance? - query cannot be answered.
@samrevaai
@samrevaai Жыл бұрын
How & where to show POST OFFICE SAVINGS ACCOUNT INTEREST u/s10(15)
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Let me know, ITR Form under which information is to be filled. Any way taxable PO SB interest has to be shown in income from other sources
@samrevaai
@samrevaai Жыл бұрын
@@TaxGyanbyOPYadav ITR 2 Interest below Rs. 3500.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
@@samrevaai Please go to schedules "OS" and "EI"
@hussainahmed1535
@hussainahmed1535 3 жыл бұрын
Can an assessee purchase two houses u/s۔54f when he has no house property۔
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Thanks for watching dear Ahmed ji, Please watch my video on section 54F- kzbin.info/www/bejne/eIG8oqBvaZmtnpI In case of any further clarification, share your contact number on my email id opy.y6068@gmail.com
@saiyedaain6700
@saiyedaain6700 3 жыл бұрын
Hello sir, ****URGENT****post office savings interest upto 3500/- is exempt under 10(15)(i) but where do we find this in ITR??? PLS REPLY...ITS URGENT. If only section 10(15) is there, can we show PO interest in 10(15) as it's titled interest from securities Or should we select "any other" and manually enter PO INTEREST INCOME? In ITR there are 2 places where we can mention exempt income? Where should we declare this? Pls clarify soon
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Dear Saiyeda, thanks for watching. Please post office saving bank interest upto Rs 3,500 to be reported in section 10(15). In case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com . I will speak to you and clarify. Regards
@saiyedaain6700
@saiyedaain6700 3 жыл бұрын
@@TaxGyanbyOPYadav Hello Sir, I know it's exempted under section 10(15)(i) but my question was Where do I find this section in ITR1 ? IN exempt income for reporting purpose? But I think there this section is not there, so should I select "any other"?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Yes, under "any other " option by mentioning 'interest u/s 10(15) (i)'
@saiyedaain6700
@saiyedaain6700 3 жыл бұрын
@@TaxGyanbyOPYadav thanks, but "if" supposing section 10(15) is there in exempt income (reporting purpose) then can I mention PO savings interest there?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
It will be my pleasure to speak to you and clarify all related queries, please share your contact number on my mail id.
@anand2955
@anand2955 3 жыл бұрын
Hello Sir, Money received from relative for example Father gifting money to his son….though this money is exempted….my question is do we need to add this MONEY (gift) to the GROSS INCOME while filing itr?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Dear Anand, thanks for watching. Please watch my video kzbin.info/www/bejne/bGjLk4yggsaIY5Y . In case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com .It will be my pleasure to speak to you and clarify.
@anand2955
@anand2955 3 жыл бұрын
@@TaxGyanbyOPYadav sir i went through your video... But sir somewhere I have read money received from relatives as gift is not considered as income.. Instead it is considered capital receipt... So since it is not considered as income it's not find it's mention in ITR...i request you plz give more detail on income vs capital receipts.
@anand2955
@anand2955 3 жыл бұрын
Sir we have talked once... I have your number... When is the right time to talk with you sir?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
@@anand2955 at about 5 pm.
@anand2955
@anand2955 3 жыл бұрын
@@TaxGyanbyOPYadav ok sir... 🙏
@kcablog
@kcablog 6 ай бұрын
Dear Sir, My father had opened my ppf account in 2009(I was a minor at that time). I started filing my return from the year 2013 onwards, until now I have only disclosed contribution amount in PPF via Chapter VI-A deductions in my ITR, however, I have never disclosed accrued interest in my PPF account till date. I am yet to file the ITR for FY 2023-24, so should I disclose the accrued PPF amount till 31.03.2024 in AY 2024-25 or should I input it once the PPF account matures, as I have never disclosed my PPF accrued interest. Kindly guide.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 6 ай бұрын
Please share your contact number on my email id opy.y6068@gmail.com. I will clarify.
@shyguyaqua
@shyguyaqua 2 жыл бұрын
Sir, I want to show gift received from father and mother of 1-1 lacs...do I need to show in exempt income section in ANY OTHER option and description box what to be written pl guide...Thanks
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thanks for watching. There is a basic diffrence between income not chargeable to income-tax by virtue of proviso to section 56(2)(x) of the Income-tax Act and the income exempt from income tax ( not includible in total income) by virtue of provisions of section 10 of the Income-tax Act. In case you need, any further clarification, please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak and clarify your doubt.
@PankajKumar-bb6ys
@PankajKumar-bb6ys 7 ай бұрын
Sir income from relative ko kahan show karein
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 7 ай бұрын
Dear Pankaj, there is a difference between the income exempt under section 10 and the " deemed income" under section 56(2)(x). For any other clarification, please share your contact number on my email id opy.y6068@gmail.com
@swadeshbansal9476
@swadeshbansal9476 2 жыл бұрын
I saw this vdo today. After exemptions under sec 10, my income is only 30 lakhs. Can I file my return in ITR 1 for ay 22-23.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Bansal Ji, thanks for watching. Watch my video kzbin.info/www/bejne/a2SchKGjfLucjMU , in case of any further clarification, please share your contact number on my email id opy.y6068@gmail.com. I will speak to you and clarify. 85 videos on my channel and have a look, you may find them useful. Regards
@bijaykumar-zq7kb
@bijaykumar-zq7kb 2 жыл бұрын
sir can u plz explained how we can claim tax if i am from sikkim as income is exempted for sikkimese person. I get salary and i have disclose this income in exempt income but while validating ITR it show Error that tds cannot be claim more than salary and if i enter salary details in salary schedule it automatically calculated tax.. So in this case what can be done kindly provide your valuable advice Sir. Thanks
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Bijay Kumar, Please share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to clarify.
@vaibhavkale3973
@vaibhavkale3973 2 жыл бұрын
In which ITR (1,2,3,4,...) exemption under section 10 (10d) i can show, i am pensioner, Senior Citizens.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Kale Ji, Thanks for watching. ITR-1, if total income is less than Rs 50 Lakhs and you do not have any income from business or profession or capital gains. Please watch my video kzbin.info/www/bejne/en-vnWB8fr6Eq8k . In case of any further clarification, please share your contact number on my e-mail id opy.y6068@gmail.com. It will be my pleasure to clarify. Regard
@malharraodeshpande2196
@malharraodeshpande2196 2 жыл бұрын
Sir I got ₹3000 as interest from post office saving account. How can I claim as exempt income? Should I add it to other source first. Or Should I deduct first from total income
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Deshpande ji, Please watch my video once again, you may get answer to your query. It is always my pleasure to speak to my dear viewers and clarify their doubts after understanding the facts, for example, in your case, it is not clear whether the interest is from savings account or fixed deposit ? Whether same is also eligible for deduction u/s 80TTA or 80TTB , Watch my video kzbin.info/www/bejne/g36wlHeMnpx3e6M ? . Please share your contact number on my email id opy.y6068@gmail.com . I will speak to you and clarify. Regards
@malharraodeshpande2196
@malharraodeshpande2196 Жыл бұрын
@@TaxGyanbyOPYadav I have clearly mentioned that this interest is from post office saving account. I just want how to show it as exempt income in itr maximum one can claim 3500 for single and 7000 for joint account
@swaminathbera6407
@swaminathbera6407 Жыл бұрын
Where to show ppf interest amount not maturity?
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
Please watch my video kzbin.info/www/bejne/h6qmi4t5Z612bs0 . Taxable interest has to be shown under the head " Income from Other Sources".
@ashwinihadole1854
@ashwinihadole1854 2 жыл бұрын
Term plan se paise mile to kaise exemption le
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear Ashwini ji, आपकी query स्पष्ट नहीं है ।
@ashwinihadole1854
@ashwinihadole1854 2 жыл бұрын
Exemption list me show nahi ho raha hai
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
प्रिय अश्विनी जी, आप अपना contact number मेरी email id opy.y6068@gmail.com पर भेज दें , तथ्यों को समझकर आपकी समस्या का समाधान करने की कोशिश करुंगा ।
@annasahebwani3632
@annasahebwani3632 Жыл бұрын
क्या ग्रामीण कृषी भूमी बेचने पर रिटर्न भरनाजरुरीहै. और वह रिटर्न मे दिस्क्लोज करना जरुरी है. सर प्लीज रिप्लाय.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
यदि आपकी आय कर योग्य है तो कृषि की आय कर की दर निर्धारण के लिये आय में जोड़ी जाती है । यह जानने के लिये की क्या आपने जिस भूमि को बेचा है , वो कृषि भूमि के दायरे में आती है , आप मेरा विडिओ kzbin.info/www/bejne/rqWom4GPrKegp6c देखें ।
@malharraodeshpande2196
@malharraodeshpande2196 Жыл бұрын
Exempt inçome u/s 10(15)(i) int from post office saving account कहा और कैसे दिखाये प्लीज बताईये. ये कोई नही बताता हैं
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav Жыл бұрын
प्रिय मल्हार राव जी, कृपया आप अपना contact number मेरी email id opy.y6068@gmail.com पर भेज दें , में आपसे बात कर स्पष्ट करूंगा।
@bsingh9700
@bsingh9700 11 ай бұрын
फुली एक्सेम्प्ट इनकम को एक्सेम्प्ट इनकम में दिखाने के बाद क्या टोटल ग्रॉस सैलरी में भी दिखाना पड़ता है क्या
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 11 ай бұрын
आप पूरे वीडियो को एक बार देखिए स्पष्ट हो जायेगा। यदि उसके बाद भी कोई स्पष्टीकरण चाहिए तो आपका contact number opy.y6068@Gmail.com पर भेज दें।
@rahulyadav-xo4td
@rahulyadav-xo4td 3 жыл бұрын
Hi Sir, My father was a govt employee. He passed away in October 2020. My mother, being his nominee, received the Gratuity amount. Please let me know where and how to show this Gratuity amount in HER ITR-4. Please help me out. Thanks in advance.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 3 жыл бұрын
Dear Rahul, thanks for watching. Share your contact number on my email id opy.y6068@gmail.com . It will be my pleasure to speak to you and clarify .
@Ezio-lp8iq
@Ezio-lp8iq 2 жыл бұрын
@@TaxGyanbyOPYadav Sir please make video for this, many will have this query, how nominee should show family pension, gratuity, etc
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thanks for your valuable suggestion, I will make a video on topic suggested by you . Keep watching. Regards
@Ezio-lp8iq
@Ezio-lp8iq 2 жыл бұрын
@@TaxGyanbyOPYadav Sir is gratuity, OL encash, shifting expense exempted for nominee, if received due to death of cent govt employee
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Please share your contact number on my email id opy.y6068@gmail.com . Will speak to you and clarify.
@alsonngambom09
@alsonngambom09 2 жыл бұрын
Sir I am a new subscriber of your channel. Very well explained. I am ST working in Tribal Schedule Area and claimed Exemption u/s 10 (26) How do i disclose my exemption, Do i show my ST certificate. Plzz help
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Thanks for watching, sharing your feedback and subscribing to my channel. Will publish a video on section 10(26) taking clue from your query. In the mean time, please share your contact number on my email id opy.y6068@ gmail.com . It will be my pleasure to clarify your doubt. 80 videos on my channel and more to come, keep watching. Regards
@skb6367
@skb6367 2 жыл бұрын
Jay Hind Sir, i am a armed forces member & deployed in Anti Naxal Operation duty in Odisha. I Receiv ₹ 17300/- in per month propose to Risk Hardship Allowance. So how much amount claim in partially exampt amount. Please help me, it's a humble request.
@TaxGyanbyOPYadav
@TaxGyanbyOPYadav 2 жыл бұрын
Dear SKB, Jai Hind and Happy Independence day. It will be my pleasure to clarify your doubt, however, unless the complete particulars are known, it is difficult to guide, as there are diffrent monitory limit of exemption for diffrent nature of allowances in diffrent areas have been precribed in Rule 2BB, for example " any special allowance in the nature of counter-insurgency allowance granted to the members of armed forces operating in area away from their permannent locations" is exempt to the extent of Rs 3900 per month. Hence, I request you to share your contact number on my email id opy.y6068@gmail.com , I will speak to you and clarify or go through rule 2BB of Income-tax Rules. Regards
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