Agriculture income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2013
dear expert,
for asst year 13-14 i h m having below income
so kindly advise which form to fill
business income Rs 253192/-
accrued int on FD with SBI for capital gain RS.64985/-
Agri income RS. 64250/-
further i have paid to lic single premium for Rs. 50773/- so should i take full amount under 80C
for asst year 13-14 i h m having below income
so kindly advise which form to fill
business income Rs 253192/-
accrued int on FD with SBI for capital gain RS.64985/-
Agri income RS. 64250/-
further i have paid to lic single premium for Rs. 50773/- so should i take full amount under 80C
18 August 2013
You should file ITR 4 as you have derived income from business and other source including agricultural income.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2013
thnks...
kindly advise for 80c deduction
kindly advise for 80c deduction
18 August 2013
You can claim 80C against your regualr income and not from agricultural income and if the premium is above 10% of the sum assured then only up to 10% of the sum assured will be allowed u/s 80C but if you have paid for last two years together then it is allowable as the 80C is allowed on the basis of payment made.
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
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
