2A reservation
2A reservation
I have selected for State Police constable job under the 2A category . I have a doubt regarding eligibility for non creamy layer benifits reason being my father during his last year his service was p... (Gulbarga, Karnataka)
1 week ago
A. Dear Client,
The eligibility for an OBC NCL certificate is determined based on the annual income of the applicant's parents if the income falls below Rs.8 lakh in a financial year. Regardless of sectors of employment either Public or Private, if the parent's income exceeds the threshold income limit, his son/daughter is not considered eligible for an OBC NCL Certificate. However, as per the Department of Personnel and Training(DOPT) circular no. 36033/5/2004-EStt(Res) dated 14/10/2004, page 5, ...ReadMore
KARNATAKA 2A RESERVATION FOR GOVT JOB
I have selected for the police job in karnataka state govt in 2A reservation My Father is present retired police and his income while I m applying for the post he is into job is 8 lakh 40 thousand and... (Gulbarga, Karnataka)
1 week ago
A. Dear client
As you know that the limit for OBC non-creamy layer certificate is ₹8 lakhs per Annum. As you have mentioned that your fathers income is more than ₹8 lakhs, therefore, you will not be eligible for OBC NCL certificate
Income tax
Do state Government doctors need to keep book of accounts for any private practice they undertake... (Chikballapur, Karnataka)
1 week ago
A. Dear Client,
As per Rule 13 of Central Health Service (CHS) Rules, 2014, persons appointed to CHS are not allowed private practice of any kind whatsoever. There are different rules in different states on the question of whether or not doctors working in government hospitals should be permitted private practice. States like Rajasthan, Madhya Pradesh and UP are among those who have stopped private practice. West Bengal and Kerala have banned the private practice of government doctors. Section 44A ...ReadMore
New regime default
Paid tax through old regime on 22 July 2024 but not able to file return. Now taking new regime as default. Can i e file through old regime... (Pune, Maharashtra)
2 weeks ago
A. Dear Client,
Starting from FY 2023-24, the new income tax regime will be set as the default option. If you want to continue using the old regime, you must submit the income tax return along with Form 10-IEA before the due date of the return u/s 139(1) of the I T Act. To claim deductions and exemptions under the old tax regime, the ITR must be filed on or before the last date of July 31, 2024. For precise information and steps, you may consult with a CA or Tax Consultant to navigate the issue cor ...ReadMore
PAN Correction
My father's name is misspelled in PAN Card while all other official documents are correctly aligned, what's the procedure to correct this? I hav etried with aadhar and marksheets but it failed... (Haldwani-cum-Kathgodam, Uttarakhand)
2 weeks ago
A. Dear client,
To correct your father's name on your PAN card, you can follow this process:
1)Fill the PAN Correction Form (Form 49A):
Go to the NSDL or UTIITSL website and download the PAN correction form (Form 49A), or you can fill it online.
Tick the box that indicates the correction of your father's name.
2)Provide Proof of Correct Name:
Attach valid documents showing the correct spelling of your father's name. Common documents include your Aadhaar card, passport, voter ID, or a certified c ...ReadMore
NON CREAMY LAYER Related query
My father is a proprietor of a Retail Outlet of an OMC( Oil Marketing Company) and being a proprietor his ITR is filed with the firm's ITR with the same PAN. And every year he files the ITR for income... (Lucknow, Uttar Pradesh)
3 weeks ago
A. Dear Client,
The eligibility for an OBC NCL certificate is determined based on the annual income of the applicant's parents if the income falls below Rs.8 lakh in a financial year. Since your parent's income exceeds the threshold income limit, you may be considered eligible for the OBC Creamy Layer Certificate. The word parents includes both father and mother.
INCOME TAX RELATED
Dear Team , I have a small doubt for Taxation. I'll mention all my details kindly clarify the same. Currently I am working in Pvt sector with around 6 LPA and monthly take home after deduction is 460... (Allahabad, Uttar Pradesh)
1 month ago
A. Dear Client,
Agricultural income is not taxable under Section 10 (1) of the Income Tax Act as it is not counted as a part of an individual's total income. But it needs to be reported in the Income Tax Return (ITR). According to the Income Tax Act, an individual with agricultural income of less than or equal to Rs 5,000 must file ITR-1 and if agricultural income is more than Rs 5,000, the person must file ITR-2. You can claim a deduction of income tax under Section 80C maximum of up to ₹ 1.5 la ...ReadMore
Vidhikarya
ITR issue
A defective notice 139(9) came for my both original ITR(filed on date 31/july/2024) and revised itr (filed on date 2 aug) .after i filed another ITR FOR 139(9) TO RESPONSE again i wrongly uploade... (Panipat, Haryana)
2 months ago
A. Dear Client,
A request for rectification can be submitted on the e-Filing portal if there is any mistake apparent from record, in an Intimation issued u/s 143(1) or in an order u/s 154 passed by the CPC. A rectification request can be submitted only for returns that are already processed by CPC. For Return Data Correction (Offline), taxpayers needed to upload XML generated in the offline utility till AY2019-20 but can upload JSON and submit rectification online from AY2020-21. Submitting an ITR ...ReadMore
Vidhikarya
Tax on Gifted Property Sale
My father passed away in 2012. 3 months after his demise, our mother got us (the 3 sisters) to sign a gift deed, mentioning that we don't need any share in property and rather our shares respectively ... (South Delhi, Delhi)
2 months ago
A. Dear Client,
Capital Gains is the profit earned while selling property in India and the profit earned for income tax purposes is subject to capital gain tax. Capital gains refer to the profits obtained from the sale or transfer of any legally owned capital asset, including movable or immovable property, tangible or intangible items. Capital gain tax on property is the tax paid on the profit earned by selling a property. Any asset that exceeds the threshold of 36 months or 24 months, depending on ...ReadMore
Vidhikarya
Form 16 employer has mentioned only consolidated salary
In my form 16 employer has mentioned only consolidated salary , no breakup. can i still claim HRA exemption at the time of filing ITR-3? if yes, and my actual rent paid is 15000 pm then how to submit ... (Kanpur, Uttar Pradesh)
2 months ago
A. Dear client,
In your case You can claim HRA (House Rent Allowance) exemption when filing your ITR-3 even if your Form 16 doesn't include a detailed salary breakdown. You'll need to manually calculate the HRA exemption based on the actual HRA received, 50% of your salary for those living in metro cities (or 40% for non-metro cities), and the rent paid minus 10% of your salary. Since Form 16 doesn't provide the breakup, use your salary slips or employment contract for the necessary details. If yo ...ReadMore
Vidhikarya
