where to show all these in itr
LIC maturity
ITR refund recieved
house rent paid
bank charges paid
Menu
ITR filing related query
Replies (2)
LIC maturity is added to capital account in balance sheet In itr it is under income from other sources
ITR refund also added to capital account in balance sheet
in itr it is also shown under income from other sources
house rent and bank charges should be shown as indirect expenses in itr
ITR refund also added to capital account in balance sheet
in itr it is also shown under income from other sources
house rent and bank charges should be shown as indirect expenses in itr
First state the nature of your income. LIC maturity amount is exempt subject to the conditions. ITR refund is exempt but interest on refund to be admitted as income from other sources. house rent and bank charges to be decided based on your nature of income
Recent Threads
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
Related Threads
CAclubindia
