Sir, too good crisp information with clarity many thanks for the update...Irony part is that all these laws and regulations are meant for we poor unfortunate people...
Sir isi tarha useful video banate rahe taki society ka bhala ho sake aur society aap ko dher sara pyar aur likes de sake ... Good job sir ...👍 Vande Mataram! Jai hind! 💐
हम AEPS और money ट्रांसफर का काम करते है मेरे करंट अकाउंट मे ऑनलाइन UPI, नेटबैंकिंग NEFT आदि से टर्न ओवर होता है तो एक वर्ष मे कितना टर्न ओवर कर सकते है?
Sir, yadi hum apne relation me nahi lekin humare gav k kisi vyakti k pas se check k zariye 10-20 lakh udhar lete he to ITR bharna hoga or us per notice ya tax bharna hoga ???
Sir hum imps karte hay apne shop se. Aur mera pnb may account hay aur mene ek 1lk ki transaction ki hay savings account se. Aur hum chate hay ki usme hum self kuch money govt ko doo tds ki dor por. Tho hum kese joma kore. Plz inform
मैंने आपके कुछ वीडियो देखें..सराहनीय कार्य.. उससे भी ज्यादा धन्यवाद मैं देना चाहूंगा कि आप पूछे गए प्रश्न का उत्तर भी देने की कोशिश करते हैं.. मेरा एक सवाल है.. बैंक में 10 लाख के ट्रांजेक्सन की रिपोर्टिंग..अगर मेरे पास 5 बैंक एकाउंट हों और सब मे 10 लाख से कम का ट्रांजेक्शन हुआ हो..i e 8 से 9 लाख का तो भी नोटिस मिलने की संभावना होगी?
A million thanks for the info. Very relevant & useful. You are to the point & brief, but still not confusing! Good work Sir. Thanks again for your time and effort!.
Sir yadi hum.. Apna or apne bhai ka paisa ek hi account Me rakhe or withdraw kare To... Man le hum salana 1lac.. OR 2 Bhai ka 2lac pitaji ka 1lac... Apne account Me jama kare or withdraw kare To kya sare paise mera hi Mana jayega kya...
What happens if one do withdrawal of fixed deposit from bank account in cash and deposit it in post office, that annually crosses 10 lakh? Both bank fd and post office account are linked to pan card.
kindly tell is there any notification of CBDT that no action or notice of enquiry shall be taken in the case of a Super /senior citizen whose income is from pension and interest only if he invest more than ten lacs in SCSS shani
No immovable property will be less than 30 lakhs, hence I suppose purchase of house will be reported. Possibly bank loan and emi will not be reported. Looks like tax department is of the view that you take a loan, banks get business and your property expenditure doubles compared to actual value.
previ wealth tax was only for prop abve 30 lac.hence it remain reporing 30 lac and above. however if you have purchased sold property of any amt etc and not shown in itr than you are selected for scrutiny assessments.
Sir main Bar Bar Mobile banking se paisa trasfer karta hu Aur. Kisi dost Se kah ke apne account me paisa magata hu. To kya mujhe bhi problem ho sakti hai agar 10 lakh se jayada paisa magaya hu. Ya phir bheja hu net banking ke thurogh. Plz. Reply. Bro
Sir, is it necessary to file for only 7000 rupees of short term capital gains tax, is there any possibility of any notice or penalty from income tax? Please answer..
Sir mere pass bhi msg aaya hai jabki mera koi bussiness nahi kisi ne mere pan number ko use kiya hai Kripya batay ki compliance portal par kya jawab du
Sir, there is no limit on cash withdrawal. If you withdraw more than 10 lakhs in a year it will be reported. If you withdraw more than 1 crore TDS will be deducted.
@@TaxPundit Sir, if I withdraw from multiple banks, then will it be reported if the total withdrawal of all banks exceed 10 lacs but individually it is within the limit. Also, will TDS be deducted u/s 194N if cumulative withdrawal from all banks exceed 1 cr but individually it remains within the limit.
Sir..Plz reply jarur kana aap.. mene 1 month pahle 1300000 lakh rupye ki Lic pension policy liya he..Or cheque se payment kiya he mene....Or mene itr file 2 month pahle hi bhari he....Mene apni income 320000 par year bataai he.....Kya mujhe bhi notice aa sakta he kya...
sir agar ek bank me 10 lakh ya jiyada ki fd h or us fd ko wo close karta h or apne hee doosre account me online transfer karta h to is k bare me bataye kya hoga
If i have more than one credit card, then sum of all the cards should be less than 10 lakh or individual credit card's bill should be less than 10 lakh?
Sir ji shehr market se shehr kharidne or bechne ke tax kitne translations pe incom tax ritarn me sho karane padte hai . Kya sheyr market vale sheyr kharidne/ bechane ke tax kat lele hai . Hum central Goverment servent hai .
Sir Namaste. I have LIC PREMIUM POINT IN name of myself. Lic has allowed us to do online transactions of the premium deposited in premium point. I always do online transactions because the branch office of LIC is far away and is impossible to carry cash and has security reasons too. I always deposit it in my current account and do transactions online. Some other online transactions are also done. In a Financial year I do more than 50 lakhs Rs. May I receive income tax notice?
Mutual Fund investment more than 10 lakh , for this I have one question. Suppose you have 4 mutual funds. So if all the aggregating investment of these 4 companies crosses 10 lakh then this rule will be applicable or individual fund’s investment more than 10 lakh? Please answer
Thank you for avery good information.I have not seen any one who has made videos on this particular subject.Many people must have been seen and are educated.
IF A SELF EMPLOYED PERSON TAKING POST OFFICE FD BY CHEQUE FROM ANOTHER ACCOUNT UNDER 10 LAKH ALSO FILING ITR FROM 5 YEAR.THEN THE POST OFFICE WILL REPORT TO ITD OR NOT?
@@TaxPundit But in a financial year if person made one FD of 9 lacs and doing transaction in another account that makes amount more then 10 lac then what.
Need more details to advise. However, if it is NGO/Charitable Trust who has Section 12A certificate and 80G then it will be treated as Donation. But there are other forms of crowdfunding too. Please take advise from a professional and take decision accordingly.
sir if some people send me around 5-10K rupees/person through(NEFT UPI) and total to 5lakh in a year and i send the money back to their ewallet then do i have to pay tax on this?
Sir, Myself senior citizen & my income less than three lakh.But I have FD of 12 lakh which is reflected in my 26AS under SFT005. Am I to submit return? Thanks. Chakraborty.
Sir, I am a selleried person and my annual imcome is 4 lacks. I have spent over 10 lacks by credit card. I paid bill through online mode. Will I got income tax notice. And I got notice is there any problem to me??
Sirf information jati hai. Notice ke liye bahut se factors jimmedar hote hai. Watch this video : th-cam.com/video/xKYZjRwqep8/w-d-xo.html Is video me bataya hai ki kin karno se notice aa sakta hai.
Sir we are audited firm amd in distribution business.. If we do small billings which totals more than 2 lakh in whole year.. And the party is paying 10,000 part payment every week ... So shall we report this type of transaction.. Or the single billing one time shall be more than 2 lakh for reporting ??
What about if I receive a large amount of money from mutual funds and it gets deposited in the bank account. Will the bank report to income tax as high value transaction?
Sir, agar Mai Intraday trading Mai 10 Lakh Rupees ke shares kharidta Hu aur bechta Hu usi din toh kya yeh transaction Income Tax Department ko report hota hai ?
Purchase or sale by any person of immovable property for an amount of Rs. 10 lakh or more or valued by the stamp valuation authority referred to in section 50C of the Act at Rs. 30 lakh or more... Sir ye 10 lakh wala point kya hai wo samjha dijiye..
Sir mene 733000cash me deposit kiya h ek hi mahine me saving account me 47-47hzar me aur phir cheque.....se 2-2lacs se nikal diya to kya notice aaayega ayr kitne chance h notice aane k???????
Your explanation is lucid and to the point. Sir, I seek your guidance with regard to 80G(5)5vi exemption relating to donation made to Trust. I donated Rs.10lakhs to TTD, charitable trust and Donee has issued certificate in form 10 BE indicating exemption u/s 80G. My AGTI comes to 28,50,000 after 80c,80TTB deduction. I think the eligible exemption that could be availed will be 10% of AGTI. Since 50% of donation is higher, the ceiling of 2,85,000 is taken as eligible u,/s 80G for filing return. Pl confirm.
Agar mere account m 10 lacs se jyada amount hai, it will be reported to income tax department ? Does it matter k wo 10 lacs 1 saal m deposit hue hai ya 5 saal main ?
Harish b Thanks and sorry can u please clear again ...agar meri salary 5 lacs per month h to it’s ok ye income tax dept ko report nah ki jayegi lekin cash deposit 10 lacs hua wo b 1 saal m to he report kiya jayega right ?
@@sbharwani057 ji, salary given by employer and he has to make tds on your salary, if tds made than your salary amount whome tds made reflected i your 26 AS statement, so it dep know it about your salary, also shown in your form. 16. if salary recieved from firm comp than it is called your business income. it has to be matched with business activity, cash deposit bhi kitna bhi kar sakte he lekin sourse of income hona chahiye ex. agriculturist crores in cah jama karte he per sourse ex plain hota he. agar cah busi se aa raha he to keval cc account me he jama kare saving me nahi. however it has to clear that cash deposits above 2 lac is also reported to it department. 10 lac above if not matched with itr to assessment ke liye select ho sakta he
IF ANY COMPANY WHO DEAL IN FOREIGN CURRENCY BUSINESS IF THEY PURCHASE CURRENCY MORE THAN 1000000 , than is it any liability for reporting or filling NIL return ?
Claim amount received is tax free as per section 10(10D) of Income Tax Act, 1961 subject to certain conditions given in the section. Pls google and read this section carefully.
Explanation of high transaction ko online kaise kare? Ham to senior citizens hai,hame pura aata nahi hai Koi return file karne wala CA ya accountant ho to bataiye
क्या मेरे 1 account से दूसरे एकाउंट में पैसे ट्रांसफर करने पर कोई प्रॉब्लम होगी क्योंकि ट्रांसेक्शन 1 करोड़ से ज्यादा है पर मेरे ही 1 account से दूसरे एकाउंट में किया है और ऑनलाइन ही किया है
![10 Reasons why you may get Income Tax Notice | 139(9) | 142(1) | 143(1) | 143(2) | 148 | 245 |[2019]](http://i.ytimg.com/vi/xKYZjRwqep8/mqdefault.jpg)
![10 Reasons why you may get Income Tax Notice | 139(9) | 142(1) | 143(1) | 143(2) | 148 | 245 |[2019]](/img/tr.png)
Respected sir loved the explanation you gave on SFT
THANK U SO MUCH
Sir
Excellent teaching
Ye rules sirf aam logo ke liye hai qua? Bade politicians aur corporates unke uper qua legal action IT department karta hai?
Sir, too good crisp information with clarity many thanks for the update...Irony part is that all these laws and regulations are meant for we poor unfortunate people...
Good and needed information given. Balbir Singh Batra
सर इन्फोर्मेशन के लीये.........धन्यवाद..... 👍👍👍👍👍👍👌👌👌👌👌
तारीफ का शुक्रिया।
Wel come sir
Sir isi tarha useful video banate rahe taki society ka bhala ho sake aur society aap ko dher sara pyar aur likes de sake ... Good job sir ...👍 Vande Mataram! Jai hind! 💐
Thanks for the kind words. Stay tuned for more videos. वंदे मातरम! जय हिंद! 👍💐
Sir mera ek question hai registrar of property apni sft -012 mein seller ki detail dalega ya buyer ki detail dalni hai ya dono ki detail alag -2
हम AEPS और money ट्रांसफर का काम करते है मेरे करंट अकाउंट मे ऑनलाइन UPI, नेटबैंकिंग NEFT आदि से टर्न ओवर होता है तो एक वर्ष मे कितना टर्न ओवर कर सकते है?
Sir, yadi hum apne relation me nahi lekin humare gav k kisi vyakti k pas se check k zariye 10-20 lakh udhar lete he to ITR bharna hoga or us per notice ya tax bharna hoga ???
Udhar lene par kisi tarah ka income tax nahi hai. Agar aapka case scrutiny assessment ke liye select hota hai to aapko transaction prove karna hoga.
Sir what is the adjustment intimation u/s 143(1)a(ii)
Sir hum imps karte hay apne shop se. Aur mera pnb may account hay aur mene ek 1lk ki transaction ki hay savings account se. Aur hum chate hay ki usme hum self kuch money govt ko doo tds ki dor por. Tho hum kese joma kore. Plz inform
Tha k you very much for your good information.
Very useful information sir
Thank you Sir
Ye limit 10 lac single traction hai
Ya 3 lac or 4 lac cash jma ker ke hai
If notice issued for more than 10 lakhs deposits and not responded. Assessment order issued, what is the next process..please provide clarification..
Very very good advice indeed. Thank you sir.
मैंने आपके कुछ वीडियो देखें..सराहनीय कार्य.. उससे भी ज्यादा धन्यवाद मैं देना चाहूंगा कि आप पूछे गए प्रश्न का उत्तर भी देने की कोशिश करते हैं.. मेरा एक सवाल है.. बैंक में 10 लाख के ट्रांजेक्सन की रिपोर्टिंग..अगर मेरे पास 5 बैंक एकाउंट हों और सब मे 10 लाख से कम का ट्रांजेक्शन हुआ हो..i e 8 से 9 लाख का तो भी नोटिस मिलने की संभावना होगी?
जानकारी के लिये बहुत बहुत धन्यवाद सा
धन्यवाद
sensibly explained.keep it up.🕉️👍👍💐💐
Thanks
Are online fixed deposits aggregating more than 10 lakh reported to IT?
Very informative and useful
Thanks
Sir mere account se roj 15thousands ka trasper sir 5 month kare to notice aa sakta hai ya nahi
If anyone sells his/her old residential property below 30 lakh, and make fixed deposit in bank. Is it mandatory to show in IT return as income?
are incoming online transfer less than 10 lakh in one year reported to income tax by our bank?
Sir bank ac me 10 lakh diposit our 10 lakh withdrawal ek hai..ya alag alag
Very important and useful information. One can remain vigilant and prepared for compliance whenever it is warranted. Thank you, Sir.
Welcome
Apne account se doosre Apne account mein online dal tay hai tab bhi kya vah bhi gina jayega iski bhi koi limit hai
Thanks a lot .
Very informative Video .
Welcome
A million thanks for the info. Very relevant & useful. You are to the point & brief, but still not confusing! Good work Sir. Thanks again for your time and effort!.
Thanks for the appreciation. Stay tuned for more videos.
@@TaxPundit Sure, I will!
Thanks
POWERFULL knowledge.
Thanks
Thanks for your efforts.
Welcome
Sir current account me Online transaction ka limit kitna hota hay....
Sir yadi hum.. Apna or apne bhai ka paisa ek hi account Me rakhe or withdraw kare To... Man le hum salana 1lac.. OR 2 Bhai ka 2lac pitaji ka 1lac... Apne account Me jama kare or withdraw kare To kya sare paise mera hi Mana jayega kya...
Nahi Sir
@@TaxPundit yadi sare account Me ek hi Mobil number hai To koi problem nahi na hoga sir
Sir, es video ko sun kar maza aa gaya
Thanks for the appreciation.
What happens if one do withdrawal of fixed deposit from bank account in cash and deposit it in post office, that annually crosses 10 lakh? Both bank fd and post office account are linked to pan card.
Very good important information thanks for.
Welcome
Your video is very good and informative... I liked your video and please share/post some more on vital issues of Income Tax department... Thank you 👍
Thanks for appreciation. Stay tuned for more videos.
Here are latest videos. Do watch them :
th-cam.com/video/xKYZjRwqep8/w-d-xo.html
th-cam.com/video/JF6EdH3tJxk/w-d-xo.html
What about hereditary property non taxable or exempted from tax
Sir hamare krashi upaj dhan mandi me aadar h ab september se kisano ko jo maal bechne aate h unko cash dena h ya rtgs karna h
What explanation to be given for more than 5crore deposit in current account for high value transactions
kindly tell is there any notification of CBDT that no action or notice of enquiry shall be taken in the case of a Super /senior citizen whose income is from pension and interest only if he invest more than ten lacs in SCSS shani
If DD is made more than 10 Lakh but without Cash Payment then it will be Reported or Not IT Department ?
How much amount "BY ACCOUNT PAYEE CHEQUE "my daughter can gift to her mother in a FY in single transaction
Nice vedio. .please keep continue.
Best Regards .
Thanks
No immovable property will be less than 30 lakhs, hence I suppose purchase of house will be reported. Possibly bank loan and emi will not be reported. Looks like tax department is of the view that you take a loan, banks get business and your property expenditure doubles compared to actual value.
Thanks for sharing your views.
previ wealth tax was only for prop abve 30 lac.hence it remain reporing 30 lac and above. however if you have purchased sold property of any amt etc and not shown in itr than you are selected for scrutiny assessments.
Sir main Bar Bar Mobile banking se paisa trasfer karta hu Aur. Kisi dost Se kah ke apne account me paisa magata hu. To kya mujhe bhi problem ho sakti hai agar 10 lakh se jayada paisa magaya hu. Ya phir bheja hu net banking ke thurogh. Plz. Reply. Bro
As the candidate professional csc vle means banking service point u.e BANK MITHR
Sir, is it necessary to file for only 7000 rupees of short term capital gains tax, is there any possibility of any notice or penalty from income tax? Please answer..
Sir mere pass bhi msg aaya hai jabki mera koi bussiness nahi kisi ne mere pan number ko use kiya hai
Kripya batay ki compliance portal par kya jawab du
Sir m stamp duty ke chalan nikalta hu current account se gras site p payment ke liye is se bhi prb hota hai kya?
Agar aapke paas explanation hai to koi problem nahi honi chahiye.
@@TaxPundit thanks mere statements m show hota hai payment to gras
Sir,. Cash withdrawal limit from bank of Rs.10 lakh or one crore. Please explain.
Sir, there is no limit on cash withdrawal. If you withdraw more than 10 lakhs in a year it will be reported. If you withdraw more than 1 crore TDS will be deducted.
@@TaxPundit Sir, if I withdraw from multiple banks, then will it be reported if the total withdrawal of all banks exceed 10 lacs but individually it is within the limit.
Also, will TDS be deducted u/s 194N if cumulative withdrawal from all banks exceed 1 cr but individually it remains within the limit.
Heartly thanks 2 u 4 ur information
Welcome
Up to what amount LTCG/STCG on sale of shares or mutual fund is exempt..?
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Shri Premchand Pusaram Sorte
Agar hum online transaction karte hai to usi limit kya hai
Koi limit nahi hai
@@TaxPundit Thanks sir
Sir..Plz reply jarur kana aap.. mene 1 month pahle 1300000 lakh rupye ki Lic pension policy liya he..Or cheque se payment kiya he mene....Or mene itr file 2 month pahle hi bhari he....Mene apni income 320000 par year bataai he.....Kya mujhe bhi notice aa sakta he kya...
sir agar ek bank me 10 lakh ya jiyada ki fd h or us fd ko wo close karta h or apne hee doosre account me online transfer karta h to is k bare me bataye kya hoga
If i have more than one credit card, then sum of all the cards should be less than 10 lakh or individual credit card's bill should be less than 10 lakh?
Per card issuing bank
Sir ji shehr market se shehr kharidne or bechne ke tax kitne translations pe incom tax ritarn me sho karane padte hai . Kya sheyr market vale sheyr kharidne/ bechane ke tax kat lele hai .
Hum central Goverment servent hai .
Sir Namaste. I have LIC PREMIUM POINT IN name of myself. Lic has allowed us to do online transactions of the premium deposited in premium point. I always do online transactions because the branch office of LIC is far away and is impossible to carry cash and has security reasons too. I always deposit it in my current account and do transactions online. Some other online transactions are also done. In a Financial year I do more than 50 lakhs Rs. May I receive income tax notice?
Sir, getting notice depends upon lot of factors.
Mutual Fund investment more than 10 lakh , for this I have one question.
Suppose you have 4 mutual funds. So if all the aggregating investment of these 4 companies crosses 10 lakh then this rule will be applicable or individual fund’s investment more than 10 lakh? Please answer
I also have same question
Pan number same h to report hoga
Explained nice in detail.
Thanks. Stay tuned for more videos.
Thank you for avery good information.I have not seen any one who has made videos on this particular subject.Many people must have been seen and are educated.
Thanks a ton for your kind words. Stay tuned for more.
Very good awareness to the general public to be in line with the law of Income Tax.
Thanks
IF A SELF EMPLOYED PERSON TAKING POST OFFICE FD BY CHEQUE FROM ANOTHER ACCOUNT UNDER 10 LAKH ALSO FILING ITR FROM 5 YEAR.THEN THE POST OFFICE WILL REPORT TO ITD OR NOT?
Deposits are reported if it is more than 10 lakhs in a year.
@@TaxPundit But in a financial year if person made one FD of 9 lacs and doing transaction in another account that makes amount more then 10 lac then what.
What do you mean by another account? It is reported on the basis of PAN number.
Sir agar mere account me crowdfunding se 10 lakh ka fund raise hua h to usme kitna tax dena padega
Need more details to advise. However, if it is NGO/Charitable Trust who has Section 12A certificate and 80G then it will be treated as Donation. But there are other forms of crowdfunding too. Please take advise from a professional and take decision accordingly.
Very informative
Thank you Sir
sir if some people send me around 5-10K rupees/person through(NEFT UPI)
and total to 5lakh in a year and i send the money back to their ewallet then do i have to pay tax on this?
बहुत अच्छा लगा साहब ,आपका आँफिस कहां है।
Please let us know if any query.
Sir,
Myself senior citizen & my income less than three lakh.But I have FD of 12 lakh which is reflected in my 26AS under SFT005. Am I to submit return?
Thanks.
Chakraborty.
Nice information sir, thank you
Welcome
Sir mai UPI ke through daily ke 50-60 thousands received karta hu.. kya muje income tax ka koi problem aayenga...?
Bro mera bhai same que hai
Sir, I am a selleried person and my annual imcome is 4 lacks. I have spent over 10 lacks by credit card. I paid bill through online mode. Will I got income tax notice. And I got notice is there any problem to me??
Sir ji 10 lac se jayada ki online transaction kar deposit/widrawal (not cash deposit or widrawal) to kya phir bhi income tax ka notice aa sakta hai ??
Sirf information jati hai. Notice ke liye bahut se factors jimmedar hote hai. Watch this video :
th-cam.com/video/xKYZjRwqep8/w-d-xo.html
Is video me bataya hai ki kin karno se notice aa sakta hai.
Sir we are audited firm amd in distribution business.. If we do small billings which totals more than 2 lakh in whole year.. And the party is paying 10,000 part payment every week ... So shall we report this type of transaction.. Or the single billing one time shall be more than 2 lakh for reporting ??
In a whole year if the cash receipt is more than 2 lakhs from same customer against sale invoices you should report it.
Thanks sir for giving good knowledge
Welcome and keep visiting our channel.
What about if I receive a large amount of money from mutual funds and it gets deposited in the bank account. Will the bank report to income tax as high value transaction?
If the deposit is more than the prescribed limit then yes.
if recieved through bank then dont worry no problem
Sir, agar Mai Intraday trading Mai 10 Lakh Rupees ke shares kharidta Hu aur bechta Hu usi din toh kya yeh transaction Income Tax Department ko report hota hai ?
Purchase or sale by any person of immovable
property for an amount of Rs. 10 lakh or more or
valued by the stamp valuation authority referred to
in section 50C of the Act at Rs. 30 lakh or more... Sir ye 10 lakh wala point kya hai wo samjha dijiye..
Good knowledge providers sir
Thanks
Sir mene 733000cash me deposit kiya h ek hi mahine me saving account me 47-47hzar me aur phir cheque.....se 2-2lacs se nikal diya to kya notice aaayega ayr kitne chance h notice aane k???????
Good video, Suresh ji !
Agr mere account me any person phone pe ya Google pe k madhyam se 1000 ya 5000 kr k me apne saving ya current account me kitna paisa le skte h
Video ko dhyan se dekhiye. Isme isi ko explain kiya gaya hai.
Your explanation is lucid and to the point. Sir, I seek your guidance with regard to 80G(5)5vi exemption relating to donation made to Trust. I donated Rs.10lakhs to TTD, charitable trust and Donee has issued certificate in form 10 BE indicating exemption u/s 80G. My AGTI comes to 28,50,000 after 80c,80TTB deduction. I think the eligible exemption that could be availed will be 10% of AGTI. Since 50% of donation is higher, the ceiling of 2,85,000 is taken as eligible u,/s 80G for filing return. Pl confirm.
Agar mere account m 10 lacs se jyada amount hai, it will be reported to income tax department ? Does it matter k wo 10 lacs 1 saal m deposit hue hai ya 5 saal main ?
1 saal me hoga to hi report hoga.
Tax Pundit Thanks, even if it’s NRI ?
10 lac cash deposit he to hi, logo ki salary cr me deposit hoti he
Harish b Thanks and sorry can u please clear again ...agar meri salary 5 lacs per month h to it’s ok ye income tax dept ko report nah ki jayegi lekin cash deposit 10 lacs hua wo b 1 saal m to he report kiya jayega right ?
@@sbharwani057 ji, salary given by employer and he has to make tds on your salary, if tds made than your salary amount whome tds made reflected i your 26 AS statement, so it dep know it about your salary, also shown in your form. 16. if salary recieved from firm comp than it is called your business income. it has to be matched with business activity, cash deposit bhi kitna bhi kar sakte he lekin sourse of income hona chahiye ex. agriculturist crores in cah jama karte he per sourse ex plain hota he. agar cah busi se aa raha he to keval cc account me he jama kare saving me nahi. however it has to clear that cash deposits above 2 lac is also reported to it department. 10 lac above if not matched with itr to assessment ke liye select ho sakta he
IF ANY COMPANY WHO DEAL IN FOREIGN CURRENCY BUSINESS IF THEY PURCHASE CURRENCY MORE THAN 1000000 , than is it any liability for reporting or filling NIL return ?
1 years me upi se kitana transaction kar skate hai
Suppose Rs 19 lakh online received in my A/c in single Financial Year from my distant friends will it be reported to IT deptt by my bank.
Tax file nahi kiya to kaise Karna
Sir deposits more than 10 lakh in a FY mentioned at SNo 4 by you includes cash payment or online/cheque payment also, pl advise.
All deposits
@@TaxPundit Chances of scrutiny are how much in this case of a female senior citizen if receives 19 lacs through RTGS/On line in a Financial Year
Agar hum 90 lakh ki koi property four names se registered karwate hai to kya use 30 lakh ki catagory mein mana jayega ya nahi
Agreement kitne banaye hai?
share divided by 4
@@TaxPundit 1 agreement including 4 names
Chances of reporting are there. Confirm it from Sub Registrar of your area.
Mera form 16 aur 26AS match nhin ho raha hai,,,26 AS me sab kuchh zero show kr rha hai
Contact your employer and get it rectified. If tds is not reflecting in 26AS you will not get credit of it resulting in tax demand.
Sir,retirement benifits like graduety,l.e. comm.amount , jo exempt hai fir bhi return file me batane ki jarurat hai. Pl.guide.
There is separate section for exempted income.
Sir i want to know that, Icici iprotect smart policy me critical illness claim is taxable hai or not. If not which section.
Claim amount received is tax free as per section 10(10D) of Income Tax Act, 1961 subject to certain conditions given in the section. Pls google and read this section carefully.
Even life or helth both claim amount are tax free under section 10 (10D)
What about NRE account transactions Sir
No separate rules
Very Valuable information, Thank You,🙏
Thanks
Sir agar maine five six years me kul ten lacs tak jama kiya h to bhi kya bank income tax ko reporting karega
No
Sir form 16 gross salary ke figar se itr file me outofil digar me jyada amount so kar rha hai kya kre please reply
Reconcile with 26AS
Explanation of high transaction ko online kaise kare? Ham to senior citizens hai,hame pura aata nahi hai
Koi return file karne wala CA ya accountant ho to bataiye
क्या मेरे 1 account से दूसरे एकाउंट में पैसे ट्रांसफर करने पर कोई प्रॉब्लम होगी क्योंकि ट्रांसेक्शन 1 करोड़ से ज्यादा है पर मेरे ही 1 account से दूसरे एकाउंट में किया है और ऑनलाइन ही किया है
एक एकाउंट से दूसरे एकाउंट में ट्रांसफर इनकम की केटेगरी में नही आता है। सिर्फ SFT की रिपोर्टिंग होगी।
@@TaxPundit sir SFT क्या है
Specified Financial Transactions
क्या मुझे कुछ करने की जरूरत है या बैंक कर्मी करेगे अपने आप प्लीज हेल्प करे
आपको कुछ नही करना है। आपको इनकम टैक्स का रिटर्न टाइम पे भरना है।