Flat no.19 (FF),
CDA(O) work will not be undertaken and no liason will be made with that
(2) Quote your CDA(O) A/c No. and change of Address
etc.invairably on all letters
addressed to us to expediate action.
ITO GHQ or Asst CIT, Range - 4, Pune is the ultimate authority to process
the IT Return filed by you through us. We charge our fees for the services
we render to our esteemed clients, like filing of IT Returns, liasioning
with IT officials for processing of IT Returns and resolving the IT
Though, return is forwarded to ITO GHQ through us, but due
to No. of Govt. agencies are involved like ITO GHQ, CDA(O), Postal Dept.,
Bankers etc .. at times the work get delayed. We earnestly try to resolve the
queries with at most sincerity and honestly.
a/c of refund if any for IT return filed by us on behalf of you should
be made minimum after 12 months of date of filing or submission of the
return with ITO GHQ, Pune
Please register yourself with "NSDL-TIN"
for "Annual Tax statement
Filling of Income Tax Returns.
Dear Sir / Madam.
Send your IT returns in May/June itself to avoid late assessments.
the Returns for F.Y.
A.Y.2010-2011) with ITO GHQ, Pune Kindly send::
ITR-1 or ITR-2 duly signed at one place (only one signature page is attached
with information). Please don't file anything in the form we will do the
same for you by computerised procedure.
(Rs. Five Hundred only) for one year IT Return Amount
must be forwarded through Demand Draft (Payable at SBI Golibar Maidan,
Pune-1, Bank Code No. - 7433) or Multi city cheque or Payable at par cheque
drawn in f/o
"Mis Swami Samarth Tax Consultants". (Extra fees I Incidental
charges will be charged for extra work, if incurred extra expenditure).
3) Form-16 ITO copy in original for th eperiod 1/4/2009 to 31/3/2010
4) Photocopy of PAN card
5) Pension certificate from Bank (for re-employed Officers) please note
pension is fully taxable
will be added in salary for IT purpose.
6) Housing loan
Certificate for FY. 2009-2010 which shows breakup in Principal and Interest
of proof of savings NSC, NSS, L1C, PPF, ULlP, etc. to claim rebate u/s
Without proof ITO GHQ will disallow the rebate.
8) Rebate u/s
80 DO I 80
DDB I 80 U :- Medical certificates in form No. 10 - IA or 10 - I in
prescribed format duly signed & stamped by the hospital.
9) Rebate u/s 80 E : Deduction in r
loan taken from financial
institute for higher education on repayment of interest for FY 2009-2010
10) Rebate in HRA/HRR
10(13A) :- Please send Rent
paid to Landlord Receipts in F.Y. 2009-10. Photo copies of Statement of
A/cs in which HRA/HRR is credited by CDA (0) in FY. 2009-10.
11) Details of Income from other sources i.e. Interest received from
FD's etc., if TDS original Form-16A in FY 2009-2010
(a) Inform acquisition of
immovable properly to IT authority if acquired in FY 2009-10 while submitting
(b) As per AO-79/76, officers who are going to be
retired have to obtain "No Demand certificate" from ITO, GHQ, Pune.
(c) Who are retired and not being paid by CDA (0) jurisdiction does not come
under ITO GHQ Pune & will have to submit IT returns with their local ITO
(d) Please register yourself with "NSDL-TIN" for "Annual Tax statement
Provisions of Finance
TAX SLAB FOR CURRENT
F. Y. e. g. 1/4/2009 to 31/3/2010 (A. Y. 2010 - 2011)
10% to the amount
by which the total income exceeds 1,60,000/-
20% of the amt by which the total income exceeds Rs.5,00,000/-.
30% of the amt by which the toatal income exceeds to Rs.800000/-
Education Cess 3% on
1. No change in Tax Slab
& SC, EC is 3% now.
2. No Income Tax upto Rs. 1,60,000/-
3. All interest received in SB Alc's & on FD's etc, are 100 % Taxable.
4. U/s. 80 C Rs. 1 lakh savings will be deducted from the income before Tax
is calculated. It will be allowed to all Tax Payers. :
5. Exempt Income for Senior Citizen is Rs. 2,40,000/- ( Age above 65 years
6. Exempt Income for women is Rs. 1,90,000/- ( Age below 65 years ).
7. Following deductions are continued
i. Interest paid on Hsg. loan for" Self Occupied I Vacant or Let out House
ii. Rebate u/s 800, 8000, 80DDB, 80G, 80E & 80U.
8. Short term capital gain Tax now 15% on sale of shares/ M. funds within 12
months, 36 months in the case if sale of immovable properties @30%
TOTALLY EXEMPT FROM INCOME-TAX
1. Agriculture income
: Who is having income only from Agriculture e.g. Farmers.
2. LTC [Leave Travel Concession]
3. Death-Cum-Retirement Gratuity.
4. Commutation of pension.
5. Encashment of leave.
6. Sum received under L1C Policy.
7. Any payment from provident fund e.g. DSOP I PPF I GPF
8. Payment of AGIF.
9. HAUCA I SCCIA, etc,
10. Pension exempt u/s 10 ( 18) if individual is awarded "Param Vir Chakra
", "Vir Chakra" or "Maha Vir Chakara ", "Sena Medal"
11. Armed Forced Widows' Pension exempt u/s 10 (19), Rebate
DEDUCTIONS FROM GROSS TOTAL INCOME
80 C Rs.
1) Pension Plan
Prudential ( 2 ) DSOP ( 3 ) AGIF ( 4 ) AOBF (5 ) NSC ( 6 ) NSC Interest
(7 ) Repayment of Housing loan Prin.cipalof HDFC
Bank ( 8 ) L1C (9)
Home Loan AlC ( 10 ) ULiP ( 11 ) Mutual Fund (ELSS ) ( 12) NSS (13)
Public Provident Fund (14) Tuition Fees etc. 15) Sr. citizen saving
scheme deposits RD's in Po, FD's in bank (in the limit of Rs.
1,00,000/-) + (Rs 20000/- in infrastructure bonds).
a) u/s 80 D
Insurance Premium- Rs, 15,000/-, Rs 20000/- for sr.citizen parents.
b) u/s 80 DD
of handicap dependent I relatives (with proof of expenditure I or
declaration of expenditure ), Rs, 50,000/- for disability more than
40 % and Rs. 1,00,000/- for disability more than 80 %.
c) u/s 80 DDB
Deduction in ria
medical treatment for himself or dependent relatives Rs. 40,000/-
Medical Certificate must be in prescribed Form No. 10 I (from doctor
registered with IMA with Post Graduate Qualification), (with proof
of expenditure I or declaration of expenditure). Dependent Relative
if Senior Citizen rebate allowed is Rs. 60,000/¬
d) u/s 80 E
respect of loan taken from financial institute & from relatives for
higher education on repayment of interest only, on such loan can be
claimed for next 8 years.
The deduction is allowable to parent/guardian of the assess also
e) u/s 80 G
donations - 100 % in Prime Minister fund, 10 % of the gross total
income as reduced by deduction permissible & 50 % of qualifying
donations in other donations.
f) u/s 80 U
Deductions in the
case of permanent Physical Disability ( Assessee himself) prescribed
in Rule 11 D . of Income Tax Rules Rs. 50,000/- for disability more
than 40 % and Rs. 1,00,000/- for disability more than 80 %. Rebate
allowed to Austim , Cerebral Palsy or Multiple Disability also.
g) u/s 10 (13 A)
granted to an assessee by his employer to meet expenditure actually
incurred on payment of rent in respect of residential aocomodation
oooupied by the assessee
The provision of section 10(13A) shall not apply in case the
residential accommodation occupied by the assessee is owned by him
or the assessee has not actually incurred expenditure on payment of
Note : Intrest received from company deposit is 100%taxable.
I) HOUSE PROPERTY
(SELF OCCUPIED / VACANT)
Note : Rebate in
repayment of Housing loan interest & principal allowed after actual
completion possession of house only. "Vacant I Self occupied" :
Deduction u/s 23 (i) shall be allowed except in rlo interest paid
to Govt. I L1C HDFC I AGIF I Bank I not
exceeding Rs. 1,50,000/- or actually paid whichever is less Rs. 1,50,0001- interest is applicable only on loans
taken to acquire or construct a house after 1st April, 1999.
(II) HOUSE PROPERTY ( LETOUT )
a. Please furnish
detail address of house property.
b. Completion Certificate
taking over certificate
c. Municipal Tax
Ground Rent Receipts
d. Pre-emi interest paid to HDFC
L1C etc. (Before
e. HDFC certificate to claim rebate uls 80 C and u/s 24 for the
particular F. Y Received from HDFC
L1C etc. (Yearly)
f. If loan is obtained with
spouse declaration dully signed that he I she is not claiming
rebate in IT on repayment of housing loan.
MORE THAN ONE HOUSE PROPERTY
As per IT Rule : If
you own more than one house property and both or more the properties are
self occupied (vacant) due to the officer has to reside elsewhere by
reason of his employment. One property can be treated as " Self occupied
vacant" and the
other has to be offered for taxation while showing Rented out, still it
is vacant &
notional rent (
Municipal Corporation letable value) is to be offered as rent receivable
SUBMISSION OF " PROPERTY QUESTIONNAIRE"
As per IT rule, it
is must to inform regarding acquisition of immovable property if
acquired in F. Y. 2009-10 to income Tax Authority to avoid further
problems in future.
TO OBTAIN NO DEMAND
CERTIFICATE ( REF AO 79/76 )
addressed to GHQ ITO, Pune -1, for issue of "NDC" with proof of
retirement order from AHQ, New Delhi.
last 3 years "Assessment orders" received from GHQ ITO, Pune-1, e.g.
Intimation u/s 143 ( 1 ) of IT Act 1961 or (Form NO.1 or annexure V
if results is in "Nil")
retirement detail address and local ITO's detail address, e.g. ward,
circle, building, street lroad etc. under whose jurisdiction your
residence Ire-employment is pertains.
from Army and have been paid more than 3 months by CDA (0) your
jurisdiction comes under ITO GHQ Pune 411 001. If not paid by CDA (0)
your jurisdiction comes under your local ITO.
Form No. 16
(ITO copy in Original ) sent by CDA (0) upto date of retirement (Obtain
from Sr. AO of Arch Section of CDA ( 0), Pune).
Bankers regarding receipt of total pension upto 31 st March as source of
Any proof of
savings NSC, L1C, PPF, etc.
savings in simple format has to be sent directly to CDA ( 0 ) to consider rebate in house property u/s 24, by CDA ( 0 ) & deduct less IT from
salary on or before 30th of November every year with
disbursement letter to prove date of disbursement of lopn amount of
loan for housing purpose.
certificate for current F. Y which shows break up in Principal &
Interest ( Provisional ).
taking over or possession certificate from municipal corporation
d. Joint declaration of repaying of Housing Loan from spouse, if
loan is obtain jointly.
Medical certificate having disability more than 50 %
or 10-1 Medical certificate and own declaration of expenditure incurred
or will be incurred for disabled dependants to consider rebate u/s 80U
80DDB to deduct less
tax in current F. Y
If you are
going to retire in next 5 to 10 years open Public Provident Fund Alc
either in post office or Nationalised Bank to aVOid tax problems after
DSOP maximum in the year in which you are going to retire to save Income
Tax maximum possible without blocking amount for longer period.
income tax return is mandatory & if not filed on or before due date e.
g. 31st July every year will be penalised for Rs.
Your work is
being done by ITa, GHQ, CDA
( a ), Postal Authority, your Payee Bank and Swami Samarth
Tax Consultants. We are one of them and prompt in our work.