Just out of curiosity and to learn more, for past few years, I have been calculating tax, making whatever extra payment other than TDS online, filling return forms and submitting tax return myself. I am always excited to try new ways government implements.
I registered myself 3 years back to view tax credits paid by my employer as TDS. You can also register here : Check you tax credits. You can also download Form 26 AS here and see how much tax has been deposited on your name from your employer or any other firm.
You can view it to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the income tax department. You can also check income tax refund from previous year in the same form.
Now the same can also be checked from View Tax credit statement (Form 26 AS) section under “My Account” menu in Income tax e-filing website after login.
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I have income from salary is 67446 CG is 95000 and other income is 75136 and saving under section 80 c is 78388. IT department is asking CG tax of 16324 under section 234c. But my total income is not taxable. How to save this tax.
@Anurag
If your total income before deduction is more than non-taxable range, capital gains may be taxable.
How much it takes from the filing of ITR the refund of tax for individual?
Is it credited in the account mentioned on the ITR or sent as cheque?
@Ram
If bank details have been mentioned in ITR along with MICR code, tax refund would be credited directly into account.
Tax refund should come within 5-6 months of tax return filing if same is done online.
For offline return filing, it may take longer for refund processing.
You can check your form 26AS for refund status.
Hi Pankaj,
I need to file tax return for AY 2009-10, is there is any way you can help me in this.There is some return tied with it.
Arti
8800955995
@Arti
As its already pretty delayed, income tax department may ask penalty for late filing.
In any way are you aware how much penalty they will ask for ?
@Arti
They may raise demand for Rs 5000 plus interest amount of total period @ 1% per month.
helo sir,
i am a salaried person and i need to submit my ITR 2009-2010.
Although company has deducted all taxes from my salary every month.
But i,ve done some investment so i need to take refund of the same.
Can u help me on this.
Is there any penalty charges in the said scenario.
--Thanks
Himanshu
@Himanshu
There may be last filing penalty charged of Rs 5000.
Also, as due to late filing, most probably your investments declaration won't be accepted and no refund would be issued.
I WOULD LIKE TO KNOW TAX DEDUCTION DETAILS FY 2010-11. MY PAN NO IS AEAPK 4154M. 26 AS MAY ALSO BE GIVEN FY 2010-11 AND 2011-12.
@Savindra
Please check form 26AS to know TDS details.
thanks a lot for such a prompt reply
dear sir,
we have submit our income tax return A.Y 2008-09, refund amount Rs. 610.00 but till date we have not found refund
Receipt No. 1503017842 Meerut 2(3) assessing office (ward/circle)
i want to know about for income tax for those people who are working as labour like working in small shop...what are the process to fill IT.
@Shakeel
For non salaried employees or contract labor, ITR 4 (income from business/profession) would be applicable.
thanks..and can you please tell me what are the documents required to fill it
@Shakeel
You would need to make profit/loss accounts, but no document needs to be attached with ITR form.
Hi Pankaj,
In my Office Investment declaration is over. But i have taken LIC policy after that. In form 16, this Investment declartion will not be available. Hw to get the refund from IT. I always file online.
@Nabu
You can claim deduction for extra amount not shown in form-16 while filing income tax return u/s 80C.
Thus new computation would refund and income tax department would process same.
Thank You Sirji
can i file tax for 6month as i got form 16 for six month in imdian currency rest i am getting in pounds for which i hvn,t recieved my form 16
@Anwesha
You need to file income tax return for whole income you earned in financial year.
If you are staying in India, your whole income (whether received from abroad), is taxable here and needs to be shown in ITR.
but i have received form 16 only for 6 months during my stay @india ...so i can file 6 months return..abroad form 16 haven't yet received...please suggest
@Anwesha
If you have lived in India for more than 180 days, you are considered resident Indian and whole global income would be taxable in India.
You will have to show whole of your income in income tax return, no matter you got form-16 or not for same.