A quality information video. Thanks Kindly explain. If in one financial year a person has total income of Rs 5.5 Lacks. {1 L/- interest from (FDs, bonds & dividends ), 4.5 Lacks from LTCG ( mutual fund & equity)} . How tax would be calculated.
Thanks sir for such a quick reply 😊 One supplimentary please. If LTCG and income from ( FD, devidend, bonds) all together is less than basic exemption limit I.e. below 3 Lacks. Then what would be the calculations. Regards
Sir yadi kisi ki income keval stock market se ho.. Aor use 3 lakh short term capital gain ho new tax slab se fy 2024-25 kya use tax dena pdega...itr fill krna jrurui hoga
Sir main to income tex ke bare main kuch nahi janta hu fir bhi mare man main ek sawal hai jise mare pariwar main 7 log hai kamane wala ek hi hai to jo nahi kama rahe hai unke piche bhi to khrcha hai sarkaar to kawal income dekh rahe hai
Sir agar main koi share market se 5 lakh saal ka kamata h iske alawa koi aur kaam nhi krta wo only yahi 5 lakh profit h to kya use section 87A Rebate ke Tahat Chhoot milegi. ???
see, it depends on nature of income if salary+ interest income + business income tax will 20k plus cess if we add share market capital gain then a difference and typical calculation will involve and tax libility would be around 30-40k
Sir Ek Minor ko Compensation Mila Hai (Compensation received on Acquisition of Immovable Property under Section 194LA i.e. LA means Land Acquisition). Maine Uski Mother ke ID se Authorised Representative add kiya but rejected by the ITD. Please suggest me.
For example mera account me 50000 hain..aur mai usko upi transfer ki jariye friend ko send kiya tho friend invest karke vo ulta 55000 karke send kia vaise hi baar bar friend ko send kiya aur 5000 faida aneka badha muje send kiya tho firse invest ..aur total financial year starting me balance 50000 tha aur financial year ending ending me 250000 hua ek financial year me tho iska itr file karna hai kya ..????
sir mera ek doubt hai .. me ek unorganised sector me kaam krta hu..means ki alag alag jagah jaake car wash , gardening, house keeping krke earn krta hu jiski payment muje cash aur upi se milti hai agr muje itr bharni hai to muje konsa form select krna hoga aur profession me kya daalna hoga... pls guide me ( maan k chaliye meri income 500000 se jayda he hai)
Sir Maine mutual fund se short term capital gain 40000 thousand Kiya hai Magar sir yerly mein 1.5 lakh income karta hun mere ko bhi 15% short term capital gain tax Dena padega aur sar Aaj Tak Maine ITR file hi nahin kiya please sir Answer dijiye
Hi Sir, by mistake I have selected new tax regime instead of old and now this option is not coming again. I have not submitted the return yet, can I able to change it now please advice
Sir if I come under 3 lakh exempt income (new tax regime), then can I accept gifts upto 3 lakh from friends as tax free (I think above Rs.50k gift tax provision will not apply here), is this correct ?
Namste Sir, mai Sr.citizen Pensioner hu..meri total income including Ltcg amount Rs.3lakhs on sale of plot i e.20% spl.rate total taxable income 7lakh 5 k ho raha to kya muze NR me marginal relief benefit milega aur tax 5k hi bharna padega..
yes aapko new tax regime mai 5k tax hi jama karna hoga. but iski taxplanning ki ja sakati h aur so that this 5k can also be saved take our paid consulataion at 8448820207
1. friend to 1 lakh send karta he per month so i will withdraw and give him so per annum 12 to 13 lakh ka transaction hoga 2. investing he jo mera personal he 1.5 L tak aata he . so tax kaise bhare point 1 bhi include hoga kya ya sirf point 2 ke basis pe ltcg or stcg pe file karde itr ?
In new tax regime if the taxable income is Rs 701000 then assessee has to pay income tax 5 % on income 3-6 lakh and 10% on income 6-7 lakh one thousand rupeesm, there is no doubt in it
What I understood is Tax above 3L to 7L is @5% i.e Rs 20K and on Rs 1000 it would be @ 10% i.e. Rs 100/-. Thus Total Tax in this case would be Rs 20100/-. Please correct me if wrong.
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Amazing video bahot ache se full explain kiya apne..
thanks , you like our videos,
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sir apke samjhane ka tarika bhot shandaar hai bilkul roots se samjhate ho...pls yahi tarika rakhiyega
Aapke compliments ka bahut bahut dhanyawad. Hamre channel ko dekhte rahe aur videos share karo
Thanks for your compliment, sure we will maintain same way of explaining things
I am an Advocate at Dhubri Bar Association (Assam).
Your Video is very very helpful for me.
Glad it is helpful for you. keep watching our channal and subscribe us
Sir kisi ka income sirf f.d interest se he hai 4.30 lakh ....to kya use section 87A ka rebate milega ya nahin....
Sir, let us know if gross income is 7.50. Standard Deduction 75000 will be available.
बहुत सुन्दर जानकारी सर
Bahut bahut dhanyawad ji
Namaste sir STCG per kitna rebate / exemption limit milta hai
koi exemption nahi h
A quality information video. Thanks
Kindly explain.
If in one financial year a person has total income of Rs 5.5 Lacks. {1 L/- interest from (FDs, bonds & dividends ), 4.5 Lacks from LTCG ( mutual fund & equity)} . How tax would be calculated.
Thanks,
Tax on LTCG will be applicable.
No rebate u/s 87a
Thanks sir for such a quick reply 😊
One supplimentary please.
If LTCG and income from ( FD, devidend, bonds) all together is less than basic exemption limit I.e. below 3 Lacks. Then what would be the calculations. Regards
if total income is below 3 lac, no tax liability
@@incometaxwallah Thanks. Regards😊😊
Sir yadi kisi ki income keval stock market se ho..
Aor use 3 lakh short term capital gain ho new tax slab se fy 2024-25 kya use tax dena pdega...itr fill krna jrurui hoga
Sir main to income tex ke bare main kuch nahi janta hu fir bhi mare man main ek sawal hai jise mare pariwar main 7 log hai kamane wala ek hi hai to jo nahi kama rahe hai unke piche bhi to khrcha hai sarkaar to kawal income dekh rahe hai
you are right. but law aisa hi hain
How can I approach you to file my ITR & plan my investment to exempt from tax ?
connect with us on whatsapp 8448820207
Swing trading se agar buy sell value crores me pahuch jaye to kya koi problem hogi IT deptt se?
ITR File hai aur taxes paid hain STCG par.
koi problem nahi hogi.
Sir agar main koi share market se 5 lakh saal ka kamata h iske alawa koi aur kaam nhi krta wo only yahi 5 lakh profit h to kya use section 87A Rebate ke Tahat Chhoot milegi. ???
Sir, what about 7,20,000 income. Kindly share the tax to be paid.
see, it depends on nature of income
if salary+ interest income + business income tax will 20k plus cess
if we add share market capital gain then a difference and typical calculation will involve and tax libility would be around 30-40k
Sir agar financial year m saving account m 4 lac aaya or withdraw sara ky to koi tax dena padega? Or itr file nhi karna n?
Itr file karna hai
Tax nahi lagega
@@incometaxwallah ty but agar fil n kare koi problem?
yes
Sir Ek Minor ko Compensation Mila Hai (Compensation received on Acquisition of Immovable Property under Section 194LA i.e. LA means Land Acquisition). Maine Uski Mother ke ID se Authorised Representative add kiya but rejected by the ITD. Please suggest me.
no need of auth. representative
its a point of clubbing of income of minor child
watch this video
th-cam.com/video/HgGO8_Rj3E0/w-d-xo.html
at the end how you are calculating tax so it came Rs 25,100 on which amount and at which rate and how it came 25100?
Excellent Sir
Thanks, you like our videos, keep watching and sharing
For example mera account me 50000 hain..aur mai usko upi transfer ki jariye friend ko send kiya tho friend invest karke vo ulta 55000 karke send kia vaise hi baar bar friend ko send kiya aur 5000 faida aneka badha muje send kiya tho firse invest ..aur total financial year starting me balance 50000 tha aur financial year ending ending me 250000 hua ek financial year me tho iska itr file karna hai kya ..????
yes
Sir iam salary person
and doing little intrady previous years .i want know which form will fill for itr .itr -1 or itr -3
sir mera ek doubt hai ..
me ek unorganised sector me kaam krta hu..means ki alag alag jagah jaake car wash , gardening, house keeping krke earn krta hu jiski payment muje cash aur upi se milti hai agr muje itr bharni hai to muje konsa form select krna hoga aur profession me kya daalna hoga... pls guide me ( maan k chaliye meri income 500000 se jayda he hai)
Aap itr 4 Mai return file kijiye
Sir Maine mutual fund se short term capital gain 40000 thousand Kiya hai Magar sir yerly mein 1.5 lakh income karta hun mere ko bhi 15% short term capital gain tax Dena padega aur sar Aaj Tak Maine ITR file hi nahin kiya please sir Answer dijiye
Hi Sir, by mistake I have selected new tax regime instead of old and now this option is not coming again. I have not submitted the return yet, can I able to change it now please advice
only salaried person can change regime . for other person, now not possible.
Sir if I come under 3 lakh exempt income (new tax regime), then can I accept gifts upto 3 lakh from friends as tax free (I think above Rs.50k gift tax provision will not apply here), is this correct ?
Sir 30 lakh ka plot sale karne par income tax kitna dena hoga long term meh
will not cut- do in our way
Sbi fd amrit kalash 400days me lagana shi hai kya
Yes. If you have no other investments plan.
two
Namste Sir, mai Sr.citizen Pensioner hu..meri total income including Ltcg amount Rs.3lakhs on sale of plot i e.20% spl.rate total taxable income 7lakh 5 k ho raha to kya muze NR me marginal relief benefit milega aur tax 5k hi bharna padega..
yes aapko new tax regime mai 5k tax hi jama karna hoga. but iski taxplanning ki ja sakati h aur
so that this 5k can also be saved
take our paid consulataion at 8448820207
Mai Share Market se 30,000 se 50, 000 Long and Short term se Aur Meri Salary Yearly 3,40,000 Hai.
Toh Me Income Tax Filling Karna Hoga Ya Nahi
yes apko bharni chaheye
Namaskar Sir
Namaskar vinod ji
Are pta kaise chalega bhai taxable income kitni h apni yar
watch this to know your income
th-cam.com/video/SRgdcWomw5Y/w-d-xo.html
1. friend to 1 lakh send karta he per month so i will withdraw and give him so per annum 12 to 13 lakh ka transaction hoga
2. investing he jo mera personal he 1.5 L tak aata he .
so tax kaise bhare point 1 bhi include hoga kya ya sirf point 2 ke basis pe ltcg or stcg pe file karde itr ?
Take our paid itr filing services, with zero tax payable planning
kya mai apna income for giving tuition include kar sakta hu..tuition fee cash me leta hu rs 10000 per month but no reciept
yes aap tuition fees ko income mai add kar sakte hain
koi issue nahi h. receipt nahi chahaiye
Sir mene 1lakh ki fd karwayi hai to 80c me kitni deduction milegi
Complete 1 lac ki deduction milegi
FD karwane mein deduction kyu milegi
tax saver fd karwane par 1.50 lac tak deduction le sakate h u/s 80c
Yes, for tax saver. But sharma ji just said FD karwaya, not tax saver 🙂
Ye humne assume kara 😀
tab 80c nahi milega
Video start 2:25
OK
700000 above how to calculate income tax
download and use this calculator
bit.ly/AUTO-TAX-CALCULATOR-AY-2024-25
Myself AZAD ALAM from Dhubri, Assam
great Mr. Alam
In new tax regime if the taxable income is Rs 701000 then assessee has to pay income tax 5 % on income 3-6 lakh and 10% on income 6-7 lakh one thousand rupeesm, there is no doubt in it
If you mean to say, tax liability is 25100 . Then it is not correct
3765
What I understood is Tax above 3L to 7L is @5% i.e Rs 20K and on Rs 1000 it would be @ 10% i.e. Rs 100/-. Thus Total Tax in this case would be Rs 20100/-. Please correct me if wrong.
Marginal relif le kar only 1000 tax pay karana padega
it depends on income
701000 me 1000 k uper hi tax banega 1000.jyada he isliye
Nice.
Rs. 1000 tax dena parega
1000 rs. Updated return m dena hota h only