ITR FY 2018-19 AY 2019-20


23 March 2020 Dear Freinds,

I hope you are doing well !!

Basically, I need your support & guidence.There is one senior citizen (60Yr +) in my family. he retired in FY 2017 mid year from his company. unable to fill income tax return some personal reasons. now getting message to file the return FY 18-19.

But in FY 2018-2019 company also reimbursed few amount (which not reimbursed in retirement year) & charged TDS on it Rs 89,780 & issued forum 16-B (Annexure) Rs 8,41,324 after standard deduction Rs 40,000/-.

Apart from it, Bank has deduct TDS on his Fixed deposites (Retired money) interest incomes TDS 10,925.6 on Gross Receipts subject to Tax 1,09,256 due to (Not Declared 15 H)

In SBI, declared 15H although this bank also deduct TDS 4,228 on Gross receipts INR 1,53,113.00.

I am unable to calculate proper tax calculation.

Could you please help me to find out the exact tax amount along with penalty if Occur & also confirm SBI bank charged less TDS amount

Thanks & Regards

Sourabh Sharma
9625310412












25 March 2020 841324 -40000 Income from salary: 801324 Income from other sources:264341 Gross total income :1065665

25 March 2020 Income Tax =137487 Less Tds=104930 Balance Tax=32557


25 March 2020 80c deductions not considered..

25 March 2020 Interest u/s 234A 234B & 234C also Applicable



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