Can file itr 1. DM if you need professional help

Software Developer

Founder

you have to file itr 2 to show ltcg or stcg.

Software Engineer

You can file ITR1 just add that stocks dividends income in other income section.

Thanks. I already filled the ITR 1 form last week (didn't submit yet) in which it was already populated and so I guess I am good.

Should I file ITR using ITR2 form even if I have a few hundred rupees stock dividends and my income is less than 50 lakhs?

Welcome to Personal Finance's Private Community

Should I file ITR using ITR-2 form even if I have a few hundred rupees stock dividends and my income is less than 50 lakhs?

Which ITR form?

Which ITR form?- Grapevine

I am a salaried person and ofc income is less than 50 lac and also I have invested in stocks,ipo and mutual funds. And some of I sell in less than 1 years and holding maximum of them. So can anyone plz tell which ITR I need to file and can help me with clearing more doubt in future. As I have joined last year as a fresher so this is my first time.

Can anyone tell me which ITR form I need to fill?

I am earning around 4 Lakh per annum. I am doing a sip of 10000 rupees in mutual fund. Which itr form should I need to file?

Systems Engineer

Welcome to News Discussion's Private Community

Is it compulsory to file an ITR for everyone or there is a minimum salary you need to be earning to file it?

ITR Filing

Product Manager

My fixed salary is <7 lac and my deduction is 0, should I still file ITR

ITR file

Data Analyst

Hi, experts 
I was filing itr, so needed help, I started my job from May 2022, but before that I did an internship where I got salary credited to my account , it was around 1500 for one month (March) for this assessment year and also they did deduct a tds of around 300 rupees which I can see on my itr home page . So should I include those amount in my gross income while filing tds ( I have only included my current gross salary) ?

Need help for ITR

Computer scientist

Hello finance experts, 

I am filing itr for first time actually I Have got money credited from two places one tds comes under section 192 which is my salary account and other from where I did intern which is 194JA which is related to professional or technical services provided now ? Help me choosing which itr 1,2,3,4? And where should I add the other amount the salary amount is automatically comming under gross salary and I don't have form 16 for intern stipend although I can see that under my ais/tis and form 26as ?

Help needed urgently

Welcome to Software Engineers's Private Community

I am working and filing ITR for the second time. This time I have claimed HRA (around 4L) against my mom. My mom is a housewife and she has no other income other than this rented income. Should I file ITR for Mom also?
I am aware that her salary falls below the tax exemption limit so taxes will get waived off if I am filing ITR for her by applying form 87A
What can be the consequences if I am not filing ITR for her?
Please anyone have experienced the same, please share your thoughts

Suggestion needed regarding filing ITR

Hi community, really love the support I get from folks here. Thanks a lot. Here is another thing I need some opinions on.

I did an internship last year and there was some TDS deducted. That was my only source of main income. I checked the Form26AS and yes it was present along with some TDS on my MF investment and all.

Now this is my first time filing ITR, how should I go approach?

Get a CA? If yes, how to contact one? How much do they usually charge?

File by myself?

Or any tips you have would be really appreciated. You can also share your experience. 

Thank you 😊.

Filing ITR

I see most of the people have over 60% of their net-worth in some kind of a financial instrument. So do you plan to just take out the investment after some milestone to use it? Like how do u rotate from investment to liquid - on what condition or how often?
Like people advice to keep emergency funds worth in bank account but what about sudden big purchases, bills or so? Do u then just sell off the investment and wait for the money to hit ur bank and then proceed with the thing ?

Do you cash in ur investments often?

I received my internship (that I did in my final year) stipend in July with 10℅ tds deduction under 194JB that is mentioned I  

Later same year I joined other other company full time and received  regular salary and received another form 16.

Now I'm confused which itr to file and how to proceed.

Help with ITR

I had taken up a 5 year tax saver FD in previous financial year. Due to some weird reason, my company had rejected it and this investment under 80C does not reflect in Form 16. 
Now while filing ITR, should I add this amount of FD under 80C?

ITR1 help needed

Suggestion regarding filing ITR of landlord

Note:
1.1. The vested RSUs given by the employer are mentioned under the nature of perquisites in Form 16. The tax is already paid for it and mentioned in Form 16 as well. The same info is reflected on the ASI website.
1.2. None of the vested RSUs were sold historically.
1.3. No dividend income comes from the vested RSUs.

My doubts
2.1. For this case, do we need to disclose vested RSUs in Schedule FA form in ITR2?
2.2. If I need to disclose them, I did not know about this and filed ITR1, which was processed for the last financial year. I am yet to file for this financial year. Can I disclose all the vested RSUs from 2022 and 2023 in the current FY 2023-2024 filing?

Other Annoyances
3.1. There is a conflict among CAs as well. Some CAs say we need to disclose only when selling and not while holding, as taxes for that are already paid. Other CAs say we need to disclose even if we are holding and even if taxes are paid.
3.2. If the holdings are required to be disclosed, I wish the tax portal could throw an error in the UI if trying to submit the ITR without disclosing Schedule FA. As the IT Department has access to our Form 16, the IT portal can extract data from Form 16, check if it has RSUs mentioned, determine if the stock of the company is listed on a US stock exchange, and mark the Schedule FA form as mandatory. I don't think it is very complicated to implement this feature.

People having RSUs, please clarify

I filed ITR yesterday via ClearTax. It was super smooth unlike the experience I had two years back. Had to pay 1.6k as it was classified as ITR3.

It automatically pulled data from Savings bank / FD interest details and from Groww. So had no manual entry in any step. Finally had to pay unlike last time (even for the unassisted process) and then even the step in IT portal was done automatically (via the APIs)

Overall, it went well and I could file in about 20 min.

Just wondering if it's all good or should I be worried if anything went wrong? Should I get a second review from any CA?

Note: I had to pay about 12k tax which CT calculated and I have paid the same.

Filing ITR via ClearTax

Hi community,

Can someone suggest any company to file ITR returns?
I have RSUs from my company, which is US based
And the thing is CAs don't take responsibility for the ITR they file
That's why looking out for professional service

Best service to file ITR

Just want to get inputs from those who freelance along with being salaried. I am wondering how people do ITR filing when they’re directly receiving payment from their clients abroad (inward remittance) on their own name (no company created for offering ur service) as well as have their monthly salary ? As much as I’ve read you would be filing ITR-4 but then wouldn’t this reveal to ur current or next employer that u worked 2 places?
Really curious to know as it’s ITR filing time.

Which ITR form?

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