Tax FAQ
 

Which Form To Use To File Tax Return For Rental Income In India?

I exist in US and I have rental income in India. Which form do I need to use to file my tax return in India?


Answer: You will use ITR-2. For manipulative income from house property, read Read http://mytaxes.in/index.php?of inquiry=5.0

You can file online and then mail acknowledgment Form ITR-V to the Bangalore office of IT department.

For poop on your India Income Tax return and to download the forms, go to http://mytaxes.in/index.php?topic=32.0.< br /> If you desire to file online from income tax India site, read http://mytaxes.in/index.php?field=94.0
 
 

I Want To Take A Home Loan For Saving Income Tax In India?

I am a saried individual. working in india. I want to take maximum rebate in income tax form home loan.
Please answar me that how emi +intrest may take allowance in income tax?
how much rebate from loan for construction?


Answer: Rs.150,000 is the reduction available for interest and Rs.100,000 is the deduction available for principle repayment under indian income tax.
There is no refund.
there is no rebate for loan for doing construction business, however if you are constructing a house the above will be apropos.

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Where Can We Get The Income Tax Return Acknowledgement Form In India For Downloading?

i have found the itr form,but where is the tie-in for the acknowledgement form that goes with it? can u pass on the link....


Answer: Go to
http://mytaxes.in/ratio.php?topic=32.0 Click the link at the bottom on the page, and download the acknowledgement form.

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India. Income Tax. Return Form 4. Any Diff. In AY 2007-08 / 2008-09. Can Old Forms Be Used For Current AY?

If no changes, why to mutate / publish form for each AY?


Answer: There are some smaller changes. The changes are given in the web site given below.

http://simpletaxindia.blogspot.com/2008/ 03/new-itr-forms-2008-09-notified.html

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Provisional Income Tax Assessment Form India?



Answer: There are Income-Tax Carry back Forms (For relevant Assessment Year)

Never heard of 'income tax assessment form', so no question of conditional income tax assessment form.

The ITR you file is a final document. If you wish to make ammendments you can send in a Revised ITR.

HMT

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Preparing India Income Tax Return - Part 2

This demo shows how to add particular, address, adding form 16 information, adding bank interest

income tax return forms

If you only fill ITR-1 income including income from shares (Extraordinary gains) ITR-2 if the income shares trading profit = ITR-4, the last rendezvous for acquiescence of Tax returns is 31st July, 09th If your income from shares investment and not purely from... If you engross your shares income day-trading income, when income is for you to say less than 20-30 thousand, and they group in investment income. and, how that income in income tax form. How to fill income tax carry back with income from wages and creator superstore. When in July, the leave of the tax, If your tax encumbrance is less than Rs. 5000. please Make out me are from the last phase of deposit of tax and timidity of 2009-10 is form. i cut salaried on my'm new to the beasts furnish, and I am for the first everything income from dole out buy. I have income from wages and horses bazaar. Shares are sold after 12 months are easy from tax. Shares with in a year are sold to tax @ 15%. If the tax is due more than 5000 then you have to pay up to 1% per month......

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