Info needed in ITR 4
visu
(Querist) 20 September 2010
This query is : Resolved
I find that ITR4 do not have the column for DTAA
I have income from rest of India which are covered under DTAA
We do not have column in ITR4 to show this income.
The local Office says that it can be added to total income
If I do so, the amount of tax liability does not match
with the IT Calculation table;
Since DTAA is at different rate for different country;
this is not applicable.
When I ask the same to Delhi, the reply is SILENT
because of this the returns are yet to be filed and
Carry over loss is yet to be claimed..
Can the expert raise this as an issue and
get us the solution please..
A V Vishal
(Expert) 21 September 2010
You can claim relief u/s 90 under Part B-TTI, serial 6
Part B - TTI Computation of tax liability on total income
COMPUTATION OF TAX LIABILITY 1 Tax payable on total income
a Tax at normal rates 1a 0
b Tax at special rates (11 of Schedule-SI) 1b 0
c Rebate on Agricultural income 1c 0
d Tax Payable on Total Income (1a + 1b-1c)
2 Rebate under section 88E (4 of Schedule-STTR)
3 Balance Tax Payable (1 -2)
4 Education Cess, including secondary and higher education cess on 3
5 Gross tax liability (3 + 4 )
6 Tax relief
a Section 89 7a
b Section 90 7b
c Section 91 7c
d Total (6a + 6b + 6c)
7 Net tax liability (5 – 6d)
8 Interest payable
a For default in furnishing the return (section 234A) 9a 0
b For default in payment of advance tax (section 234B) 9b 0
c For deferment of advance tax (section 234C) 9c 0
d Total Interest Payable (8a+8b+8c)
9 Aggregate liability (7 + 8d)
