The Deadline for Tax Filing is very near (30th July), This video only covers ITR 1. Capital Gain Masterclas: cg.lla.in Real estate masterclass Re.lla.in
i was waiting for this video, for a month. in the end, last year ka video dekh ke file kar diya. but still watching. the ITR filling tutorial video for each year is truly good.
If I pay more than the balanced tax in ITR than what will happen?If I pay more than the balanced tax in ITR than what will happen? Is the excess amount will be returned automatically
It was, in my class. But sadlly we were not told the relevance of this topic. Only studied for numbers and not knowledge. That I guess is the biggest drawback of indian education system
There were many things taught in class 10 and 12, now after 10 years how many subjects taught do we even remember ?? Same would have happened with Tax filing also if taught so early, we wouldn't give much importance and treat it just for passing exams
Thanks a lot... filed again and again through watching your videos. Thanks to you and your team to be someone whom common people can rely on. Keep it going.
Came here to say this. 50,000 deduction is under 80CCD(1B). Employer contribution can very well exceed the 1.5L + 0.5 L limit (except it can't be more than 14% of basic for a Central government employee).
And sir, my problem is last year I have 30k stgc loss and 84k ltcg gain but I don't want to setoff this to make final 64k, as if I carry forward 30k stgc loss still ltcg is under 1lakh which is expemted. Is that possible?
@@anonymous_devil3730 I think no mandatory set-off is required in this scenario since the LTCG is exempt. You can carry forward your STCL of ₹30,000 to future years for set-off against any future capital gains.
tum kya mast karta hai bhai... aaj last day baith ke itr file kiya hun, even though mai is video ki salary se relate nahi kar sakta 😢lekin fir bhi theek hai😁
Thanks for the super useful video. I just filed my ITR at 11.42 PM on last day by following instructions in your video 😂. Not a thing that I proud of but yes I did.
Sahi hai, india me sabhi logon ne accounting pad rakkhi hai aur sabhi CA hai... isliye ITR file ko jitna ho sake utna complicated kar do. Had hai govt chahti hai ki sabhi log ITR file karen to isko easy se easy karna chahiye app ke through. Hum 7-8 saal se ITR file kar rahe lekin CA ke through. Khud se to Kam hi log kar sakte hain, jab ki maximum log chahte hain ITR file karna.
16:32 Please recheck this point Team LLA, the deduction amount under Section 80 CCD(2) is not ₹50,000. Its as follows- Section 80CCD(2) allows a salaried individual to claim the following deduction: Central Government or State Government Employer: Up to 14% of their salary (basic + DA) Any other employer: Maximum deduction of 10% of salary (basic + DA)
thank you for guiding us. and I have a request . Can you please make a video on which exemption and deduction are allowed under old tax regim and default tax regim.
Started filing an ITR after watching your video. Great and insightful video BTW. I found that "Let's get started" button is NOT clickable. Many people facing the same issue (Reddit).
after seeing your video and following step-by-step process, going with a old tax regime, I am surprisingly able to see a refund of 31,000 approx, Thank you for the valuable content. I hope that I have filled it correctly. I will re-verify it again and submit. This is surprising for me, because my CA were not able to get me a refund but I am able to. I am under 30% take slab. Thanks for such valuable content, which positively convince the viewer to write a comment.
The objective should not be to get refund only, but to file ITR by complying all the provision of Income Tax act. Everyone could get refund easily by not showing correct Income or by availing extra deduction but it shouldn’t be the case as you have to file ur ITR correctly
The Deadline for Tax Filing is very near (30th July), This video only covers ITR 1.
Capital Gain Masterclas: cg.lla.in
Real estate masterclass
Re.lla.in
student ke liye kon sa itr fill karna chahiye itr 1 ya itr 2
30 jun balo k liye to galat Hua Rishabh sir
Sir please make a video on how a govt employees file ITR
Is there any tax on farmers
GALAT.... I subscribed several years ago... 2018 shayad...
i was waiting for this video, for a month. in the end, last year ka video dekh ke file kar diya. but still watching. the ITR filling tutorial video for each year is truly good.
Same here i only filed two days ago
Filed my ITR myself for the first time, thanks for demonstrating whole process.
If I pay more than the balanced tax in ITR than what will happen?If I pay more than the balanced tax in ITR than what will happen? Is the excess amount will be returned automatically
@@MrROHITBOHRA yes it will be returned from itr deperment
This thing should be part of 10+2 syllabus
It already was when I was in school. I had a chapter in maths which dealt solely with calculating income tax.
It was, in my class. But sadlly we were not told the relevance of this topic. Only studied for numbers and not knowledge. That I guess is the biggest drawback of indian education system
We have in our syllabus
There were many things taught in class 10 and 12, now after 10 years how many subjects taught do we even remember ?? Same would have happened with Tax filing also if taught so early, we wouldn't give much importance and treat it just for passing exams
I don’t think so. The law changes and people forget. In the age of internet we can easily access data when required
Thank you so much.
Two years consecutively filled ITR after watching your video, your explanation is very sharp & top to the point.
I filed ITR for the very first time, thanks @Rishab for your help in understanding.
Thank you so much, I could independently fill my ITR last year and this year because of your videos
Explained each section of both categories in detail. Thank you RJ & LLA team.
done really under 15 mins by watching this video twice. Thank You!
Thank you. I filed it all by myself by just watching your video.
Thanks a lot... filed again and again through watching your videos. Thanks to you and your team to be someone whom common people can rely on. Keep it going.
You are the Best!!!! Filed my ITR myself for the first time. Thank you!!
I just filed the ITR for the FIRST TIMEE !!! JUST BEFORE THE DEADLINE!!!! SUPER EZZZ ALL BECAUSE OF YOU!!
How muvh do u make
Thanks! I refer to your videos every year to file my ITR.
Thanks, @Rishab! Finally filed my ITR for the first time, all thanks to your video.
It was a great video. I filed ITR now with the help of this video
@16:30 80ccd(2) is being asked for employer contribution not employee contribution. Its limit is up to 10% of salary (Basic + DA) and not 50000
Came here to say this. 50,000 deduction is under 80CCD(1B). Employer contribution can very well exceed the 1.5L + 0.5 L limit (except it can't be more than 14% of basic for a Central government employee).
Thank you for this video!! It was easy, informative, and super helpful
Filed my ITR myself for the first time, Cheers!!
Great... Just filled my mom's ITR. Thanks
I love your videos, i don't need this as my mom's a CA but still watched this. Eloquently explained. 👍
Thank you so much to make this video. I filed it for the first time..kuch bhi nhi pata tha..really thank you again.
ITR 2 video sir for salaried employee as salaried employee do stock investing too
Yes we need a video on itr 2 file
yes
And sir, my problem is last year I have 30k stgc loss and 84k ltcg gain but I don't want to setoff this to make final 64k, as if I carry forward 30k stgc loss still ltcg is under 1lakh which is expemted. Is that possible?
@@anonymous_devil3730 you can carry forward that stcg loss for 8 years
@@anonymous_devil3730 I think no mandatory set-off is required in this scenario since the LTCG is exempt. You can carry forward your STCL of ₹30,000 to future years for set-off against any future capital gains.
tum kya mast karta hai bhai... aaj last day baith ke itr file kiya hun, even though mai is video ki salary se relate nahi kar sakta 😢lekin fir bhi theek hai😁
12:32 He said Old tax Regime But Information about New Tax Regime. And Also background text is New Tax Regime.
at 16:35 There is mention of NPS but its not the 50000 Limit. The limit is 10% of Basic for NPS through Employer.
Thanks for the super useful video. I just filed my ITR at 11.42 PM on last day by following instructions in your video 😂. Not a thing that I proud of but yes I did.
Thank u so much brother ❤❤ I made it first time very easily with ur proper guidance.❤❤
@LabourLawAdvisor
Please upload a video on ITR2 (salaried person with ELSS Mutual fund/Mutual fund, Stock and crypto currency )
With old tax option
Did not knew of the Preventive Health checkup 👍
Sahi hai, india me sabhi logon ne accounting pad rakkhi hai aur sabhi CA hai... isliye ITR file ko jitna ho sake utna complicated kar do. Had hai govt chahti hai ki sabhi log ITR file karen to isko easy se easy karna chahiye app ke through. Hum 7-8 saal se ITR file kar rahe lekin CA ke through. Khud se to Kam hi log kar sakte hain, jab ki maximum log chahte hain ITR file karna.
Khud se karna hai to cleartax se kar sakte hain. Still ek CA se karana always better hai.
@@harshitajaiswal555 government ground level pe nahi dekhti...sachchai to ye hai ki abhi bhi bahot se log ATM use karna nahi jante.
Wa filing ITR first time. This helped me a lot.
Thank you brother 🙏
You're a lifesaver LLA team and Rishabh. 💕💕
Thank You Rishav and Team LLA I have successfully filed the ITR for the first time.🎉
LLA team, upar waala aapko safal rakhke.
16:32 Please recheck this point Team LLA, the deduction amount under Section 80 CCD(2) is not ₹50,000. Its as follows-
Section 80CCD(2) allows a salaried individual to claim the following deduction:
Central Government or State Government Employer: Up to 14% of their salary (basic + DA)
Any other employer: Maximum deduction of 10% of salary (basic + DA)
Yes right!
80CCD(1B) is the section which gives 50,000₹ deduction being employer's contribution in NPS
@@HimanshuSharma-12221 Yes but it's not available in the new scheme.
@@django27 correct, there is barely any deduction for salaried employees in Default scheme(new scheme)
This year onwards...It is available. Employer contribution is exempted
Great!!!
Very Well Explained Thanks!!!
Gurudev maja aa gaya ek video itr 2 fo salaried ppl including mutual share trading etc. Dhanywaad 🙏
What an amazing tutorial. You are doing a great job!
A BIG THANK-YOU TO LLA 😊😊😊
ऋषभ सर आपके सारे विडियोज बहुत यूजफुल होते हैं।
Thanks for this interesting knowledgble video 💐
Yaar itni badiya info like banta hai❤
Thank you so much, this tutorial has helped me a lot.
Your videos have been a lifesaver since I started working. I was literally waiting for your video to file my ITR
Thank You So much Labour Law I filed ITR by your watchin video
Thank you sir you explain so well.
Sir aapne bahut achi tarah se samjaya hee❤❤❤
Excellant presentation and highly educative video on ITR filling both in old and new regime.
Helped a lot thankyou so much !!
Just increased my holdings in Vematum. Feeling confident about this one!
Thank you @Labour Law Advisor for the very informative and helpful video 😊
Thanks I filled ITR by watching your video. Really helpful 👍🏻
The music feels like I am on a mission to fill ITR 😁. Helpfull video.
Very Informative vedio for salaried persons
Team LLA Should Upload ITR 3-4 Also.
19:47 Table is showing tax slab rate of new tax regime not old tax regime
Vematum's team is top-notch. Expecting big developments soon!
Vematum's impact on metaverses could be revolutionary. Glad to be in early!
This is very good and well explained, cleared all doubt and submitted successfully.. thank you and Love you brother..
first time filling ITR thanes RJ for helping very helpful video
Thank you 🙏 I was going to pay someone to file this but you saved my money I would think to invest the same amount in your course now
Thanks for this. Helped out a lot!
GREAT HELP, thanks for tutorial
Good video for begineers (like me). But it lacked important details for old regime (and other ITR forms)
Thank you so much for the guidance.
thanks for the information. the way you provided the information , is very usefull.
Thank you!! Super helpful
Thanks a ton for such wonderfully video and making Income tax filing easier........ :)
Thank you so much Rishabh bhai
thank you for guiding us.
and
I have a request .
Can you please make a video on which exemption and deduction are allowed under old tax regim and default tax regim.
Check previous tax planning video
this video is like a boon to crores of middle class tax payers. I think finance ministry should sponsor this video coz it's actually their job.🖖
Thought of filing ITR.. and today tutorial is uploaded.. wow
Vematum stands out in the crowded crypto space. A real gem!
Presale investments have been my go-to, and Vematum is my latest pick. Early birds catch the worm!
Vematum's whitepaper blew me away. VEM is the future of crypto!
Excellent video.
Great help . Please make a video on ITR filing of salaried employee who invests in stock market.
बहुत ही सराहनीय
Informative video. Nice presentation. Thank You 😊 👍
Started filing an ITR after watching your video. Great and insightful video BTW. I found that "Let's get started" button is NOT clickable. Many people facing the same issue (Reddit).
here from reddit in search of answers 🙌
Any update? how can we get this fixed?
Thank you sir. I did by myself.
Best video for income tax return filing
Thanku so much for such a great and informative content.
Feel good..I am filling tge ITR by self from last 12 onwards
Thanks rishab and LLA team
What happened to English subtitles on LLA videos ?? Earlier subtitles were present in every video....
thanks a lot, LLA
Vematum's roadmap looks promising. Exciting times ahead!
Thanks LLA🙏
Vematum's low presale price is a steal. Time to load up!
best tutorial for ITR filing
Thanks for the Support.....😀👏
This is a very well explained video. Nice👏
Thank you so much sir ji....
Very nicely done. Great video. So simply explained
after seeing your video and following step-by-step process, going with a old tax regime, I am surprisingly able to see a refund of 31,000 approx, Thank you for the valuable content. I hope that I have filled it correctly. I will re-verify it again and submit.
This is surprising for me, because my CA were not able to get me a refund but I am able to.
I am under 30% take slab.
Thanks for such valuable content, which positively convince the viewer to write a comment.
The objective should not be to get refund only, but to file ITR by complying all the provision of Income Tax act. Everyone could get refund easily by not showing correct Income or by availing extra deduction but it shouldn’t be the case as you have to file ur ITR correctly
Make a similar video for Freelancers/Professionals (ITR4) please!
Very informative content, thanks a lot 😊
Thank u so much very useful video
Thanks ... This helped a lot