Comments on: Income Tax E-filing and its benefits https://www.pankajbatra.com/india/income-tax-e-filing-benefits/ A blog on personal finance, India and Life Wed, 16 Apr 2014 09:57:39 +0000 hourly 1 By: sushila https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34739 Sun, 12 Aug 2012 18:17:43 +0000 http://www.pankajbatra.com/?p=1263#comment-34739 In reply to Pankaj Batra.

Thanks

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By: Pankaj Batra https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34738 Sun, 12 Aug 2012 18:06:12 +0000 http://www.pankajbatra.com/?p=1263#comment-34738 In reply to sushila.

@Sushila
I think, relief u/s 89 can also be taken for family pension. This is as per rule 21a(1).

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By: sushila https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34737 Sun, 12 Aug 2012 17:44:24 +0000 http://www.pankajbatra.com/?p=1263#comment-34737 In reply to Pankaj Batra.

Sir,
i view of the above confirmation, and since the amount received as family pension is to be shown as income under “other sources” will I still be entitled to claim relief under Sec 89 . As per Form 10 E, the relief under sec 89 can be claimed by a Govt. servant or an employee in a company, cooperative society etc. My status is neither that of a govt. servant nor an employee of a company etc. If i am not entitled to claim relief under Section 89, then i will have to rework the tax calculations on the total amount received (inclusive of arrears) as Family Pension during FY 2011-12 and deposit tax due with penal interest. Pl advise.

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By: Pankaj Batra https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34733 Sun, 12 Aug 2012 15:59:44 +0000 http://www.pankajbatra.com/?p=1263#comment-34733 In reply to sushila.

@Sushila
Sorry for earlier reply (family pension was totally ignored and reply was based considering as normal pension).
Deduction of Rs 15000 or one third of income (whichever is less) u/s Section 57(iia) would be available and income should be shown under income from other sources.

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By: sushila https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34732 Sun, 12 Aug 2012 15:34:58 +0000 http://www.pankajbatra.com/?p=1263#comment-34732 In reply to Pankaj Batra.

Thanks for your prompt clarifications on the points raised by me. However, in one of the sites which i have visited , holds a different view. The position stated therein is quoted below:-

” Deduction in respect of family pension (chargeable under the head “Other Income)”:
Section 57(iia) provides that in the case of income in the nature of family pension, a deduction of a sum equal to fifteen thousand rupees or one third of such income, whichever is less, is available. For the purpose of this clause the term “family pension” means a regular monthly amount payable by the employer to a person belonging to the family of an employee in the event of his death. Please note that in such cases the amount received by the spouse/dependents of the employee from the employer would be taxed in the hands of the spouse/dependent under the head “Income from other sources” and not under “Salary”.

In view of the above, i would request you kindly to let me know the correct position to enable me to revise my online ITR 1 accordingly.

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By: Pankaj Batra https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34720 Sun, 12 Aug 2012 11:40:40 +0000 http://www.pankajbatra.com/?p=1263#comment-34720 In reply to sushila.

@Sushila
1. As you are not employed by government, you can fill ‘Others’ in employer category.
2. Amount of pension should be entered under Income from Salary/Pension section. Interest from FDs should be mentioned in Income from other sources.
3. Yes, you can claim relief u/s 89 for arrears received for earlier years.
4. There is no need to send any supporting documents along with ITR-V in case of online filing. If IT department needs, they can ask for it later.
5. You need to file a revised return now and have to send both original and revised ITR-V now. Read more here: http://www.socialfinance.in/questions/3419/revised-income-tax-return

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By: sushila https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34685 Fri, 10 Aug 2012 19:56:56 +0000 http://www.pankajbatra.com/?p=1263#comment-34685 i am a defence family pensioner. i was sanctioned family pension wef jan 2010 and got the family pension for FY 2011-12 along with arrears of FY 2009-10 & 2010-11. Point on which clarification sought is (i) whether under column A17 of ITR1 i shd mention NA/Gov/or others. (ii) whether amt of family pension shd be mentioned in col. B3 as income from other sources after deducting Rs 15000/- + interests from FDs. (iii) whether i can claim relief u/s 89 in col D4. in r/o arrears of FYs 2009-10 &2010-11. (iv) how to send Form 10E and Annex.1 if i am efiling my tax return and (v) can i rectify the ITR1 already filed by correcting information wherever necessary….i have as yet not sent the ITR-V (Verification Form)

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By: Pankaj Batra https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34224 Tue, 31 Jul 2012 11:56:49 +0000 http://www.pankajbatra.com/?p=1263#comment-34224 In reply to vikram17000.

@Vikram
Can you please make sure that you are using 2012_ITR1_PR21.xls the latest version of file.
If this is correct, this error should not come.

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By: vikram17000 https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34219 Tue, 31 Jul 2012 10:11:41 +0000 http://www.pankajbatra.com/?p=1263#comment-34219 Hello – while filing return for ITR1, I’m getting the below error. Any clues? Have taken the latest version of the form…

Error is due to change in Schema.
Please use the latest version of utility available on the website for filing your return.

Schema check failed.XML Document has following Error:
Error 1: Line number: 129 , Column number: 69
Message: Value ‘2632’ is not facet-valid with respect to pattern ‘[a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9][a-zA-Z0-9]’ for type ‘null’.
Error 2: Line number: 129 , Column number: 69
Message: The value ‘2632’ of element ‘ITRForm:UniqueTDSCerNo’ is not valid.
Error 3: Line number: 139 , Column number: 69

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By: Pankaj Batra https://www.pankajbatra.com/india/income-tax-e-filing-benefits/comment-page-3/#comment-34124 Mon, 30 Jul 2012 12:04:54 +0000 http://www.pankajbatra.com/?p=1263#comment-34124 In reply to Arun.

@Arun
Select challan type as CHALLAN NO. ITNS 280 and continue. Select (0021) INCOME-TAX (OTHER THAN COMPANIES) in tax applicable field and Select (300) SELF ASSESSMENT TAX in type of payment. Select bank through which you want to pay.

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