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Itr-1 form

Rudrayani Shedjale (Assistant Accountant) (751 Points)

28 June 2018

In ITR-1 form there is no option for children education fees under sec.80C chapter VI A.

so where to mention this amount pls advise.

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18 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170677 Points)
Replied 28 June 2018

In the column 5a........ amount of aggregate deduction/s claimed u/s. 80C ....

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RAJA P M ("Do the Right Thing...!!!") (128004 Points)
Replied 28 June 2018

Yes... I agreed to Mr Dhirajlal Rambhia Sir...

Yes... You ll enter
5 - Deductions under Chapter VI-A (section)
in - 5a

Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 28 June 2018

3rd tab income details B-1 for salary

B-2 for type of house property

B-3 for income from other sources

B-4 Gross Total Income

then part C Deductions & taxble total income under which different sections of investment mentioned & 1st one is 80C-LIC,contribution to PF etc mentioned.

should i mention fees amount in this column?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170677 Points)
Replied 28 June 2018

Yes ..... under a. 80C-LIC,contribution to PF etc.......... etc.

RAJA P M ("Do the Right Thing...!!!") (128004 Points)
Replied 28 June 2018

Fees amount means "Tuition Fee"...?!

If Tuition Fee then Yes... You can.

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Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 28 June 2018

tution fees means school fees excluding development charges etc

thanks a lot for the information

Rudrayani Shedjale (Assistant Accountant) (751 Points)
Replied 28 June 2018

if i am getting regular income from outsorcing which is my part time work for which specific amount credits to my account, shall i mention the same under income from other sources?

Jeeva Thangavelu (Student CA Final ) (609 Points)
Replied 28 June 2018

Unless any TDS is deducted for such amounts credited u/s 194C (Contract) or 194J (Professional) the same can be declared under Income from Other Source. If TDS is deducted under above sections its better to declare under Business or Profession or you may await a notice stating income mismatch.