Disclosure of family pension in income tax return
This query is : Resolved
23 July 2016
Sir/Madam,
In which ITR form i use to disclose the family pension under the head other sources of assessment year 2016-17?...
In which ITR form i use to disclose the family pension under the head other sources of assessment year 2016-17?...
23 July 2016
ITR -1 should be filed if total income of an individual includes:-
Income from Salary/ Pension; or
Income from One House Property (excluding cases where loss is brought forward from previous years); or
Income from Other Sources (excluding Winning from Lottery and Income from Race Horses) (which includes family pension)
Income from Salary/ Pension; or
Income from One House Property (excluding cases where loss is brought forward from previous years); or
Income from Other Sources (excluding Winning from Lottery and Income from Race Horses) (which includes family pension)
Message likes :
2 times
23 July 2016
Ok thanku sir
but Is deduction u/s 57 of rs 15000/- from family pension is not mandatory to shown separately??
or only net pension i will shown under other sources in itr 1 ??
but Is deduction u/s 57 of rs 15000/- from family pension is not mandatory to shown separately??
or only net pension i will shown under other sources in itr 1 ??
25 July 2016
Family pension to be disclosed in Income from other sources, itr1 can be filed.
Message likes :
1 times
25 July 2016
Net amount {ie., after deduction u/ 57(iia)} to be shown in columns B 3, B4 and C20 of ITR-1.
Message likes :
2 times
25 July 2016
THANKU YOU ALL OF U....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
