Query itr-1 filling,80ccd in new pension scheme fr ay2012-13

3351 views 6 replies

drpd

dvc

29 Points Joined July 2012

hello sir,

I have a query regarding filling ITR-1 form:

say I have deposited in:

PPF = 50,000/- (80C)

Infrastructure bond: 20,000/- (80CCF)

Employees contribution towards new Pension Scheme: 52,365/-(80CCD)

Employer's contribution new pension : 52,365/- {80CCD (2)}

Mediclaim (with Sr. Citizen parents): 16527/- (80D)

Total deductions: 1,88,892/-

(80C + 80CCC + 80 CCD = 50,000 + 52,365 = 102365/-)

subject to limit of 100,000/-

PLUS

80CCF: 20,000/-

PLUS

Employers contribution to NPPF {80CCD(2)}: 52365/-

PLUS

80D: 16527/-

SUM = 188892/-

BUT

in the form there is no provision to fill {80CCD(2)}

also if i put 50000 in C1 and 52365 in C3, it is exceeding 100,000 , so how is the column C14 filled? which says add C1 to C14??

more over since there is no place to fill 80CCD(2) The adding C1 to C13 in C14 coloumn will not show the correct deductions i.e 188892/-

(it is will be coming to 100000+20000+16527=136527/- leaving out the Employers contribution portion which has been included for tax deductions this year)

please help me as to how to fill the form manually.

thanks and regards

Replies (6)

Parihar Gopal

Corporate Taxation

392 Points Joined November 2009

sir please look on the attachedment

drpd

dvc

29 Points Joined July 2012

hello sir, thank you for the prompt reply,

it seems you have attached the online version or form 16 excel version; but how do i fill up the manual itr form?

as i had said earlier, some columns are missing in the form!

please see atachment to get an idea about the form.

now in the form:

C1: PPF = 50,000/- (80C)

C4: Infrastructure bond: 20,000/- (80CCF)

C3: Employees contribution towards new Pension Scheme: 52,365/-(80CCD)

Employer's contribution new pension: 52,365/- {80CCD (2)}

?? Where do I put this value in the form?

C5: Mediclaim (with Sr. Citizen Parents): 16527/- (80D)

C14: Total deductions: 1,88,892/-

Also if i put 50,000 in C1 and 52,365 in C3, it is exceeding 100,000 so how is the column C14 filled? Which says add C1 to C14??

thanks and regards

Parihar Gopal

Corporate Taxation

392 Points Joined November 2009

u have fill it under section 80 CCD & take total deduction under column C-14 , please clearify it from your nearest AO Or file online , if any help regarding e filing may please reveret me

sir, on filing online, due to rounding off of net taxable income from 573536 to 573540, my tax payable as per form 16 is 48109, but in the it return excel software it is coming to 48108, i.e : 1 rupee more have been deducted. although it does not matter to me, how do i adjust the 1 rupee in it return?do i need to at all?, also should i fill Tax status as nil tax balance or refundable? i do not need refund. please guide thanks and regards pd

drpd

dvc

29 Points Joined July 2012

sir,

in online ITR-1 sheet, what is coloumn 25 (advance tax and self assesment tax details), does it include the TDS deducted from salary by my employer as in from 16? do i need to input that details in column 25?

please guide

regards