BEST ITR filling TUTORIAL for SALARIED EMPLOYEES | Old & New Tax Regime

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BEST ITR filling TUTORIAL for SALARIED EMPLOYEES | Old & New Tax Regime | ITR 1 AY24-25

Рет қаралды 557,801

Күн бұрын

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ITR Filing Masterclass by LLA : itr.lla.in
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If you are a salaried employee then this is the ultimate and last ITR filing 2024 guide you will need to file your own ITR in 10 minutes. ITR filing is a complicated process and 4 different forms that apply to a variety of taxpayers, perhaps the simplest of them all is ITR-1 (for salaried employees).
You will learn how to accurately report your income, claim all deductions, and exemptions possible for both the Old & New Tax Regimes. Share with your friends who think ITR filling can't be done at home. Save time and money :)
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Chapters:
0:00 Introduction
0:49 Which ITR to file?
2:00 Understanding Form 16
11:30 AIS
12:27 ITR Filing New Tax Regime
19:25 ITR Filing Old Tax Regime
25:20 Bonus Tip #1
26:08 Bonus Tip #2
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Editor: Rohan Agarwal, Tanmay H.
Presenter: Jagruk RJ (Rishabh Jain)
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Пікірлер: 872

@LabourLawAdvisor Ай бұрын

The Deadline for Tax Filing is very near (30th July), This video only covers ITR 1. Capital Gain Masterclas: cg.lla.in Real estate masterclass Re.lla.in

@manikantkumar3340 Ай бұрын

student ke liye kon sa itr fill karna chahiye itr 1 ya itr 2

@bikash4894 Ай бұрын

30 jun balo k liye to galat Hua Rishabh sir

@JSQuizWiz Ай бұрын

Sir please make a video on how a govt employees file ITR

@Superbkai Ай бұрын

Is there any tax on farmers

@rtej2005 Ай бұрын

GALAT.... I subscribed several years ago... 2018 shayad...

@anon99145 Ай бұрын

i was waiting for this video, for a month. in the end, last year ka video dekh ke file kar diya. but still watching. the ITR filling tutorial video for each year is truly good.

@geneengineer. Ай бұрын

Same here i only filed two days ago

@raviranjan5182 Ай бұрын

This thing should be part of 10+2 syllabus

@devanshmaurya9928 Ай бұрын

It already was when I was in school. I had a chapter in maths which dealt solely with calculating income tax.

@bhavapritaapara9274 Ай бұрын

It was, in my class. But sadlly we were not told the relevance of this topic. Only studied for numbers and not knowledge. That I guess is the biggest drawback of indian education system

@SFANIT Ай бұрын

We have in our syllabus

@___DannyBoyka 27 күн бұрын

There were many things taught in class 10 and 12, now after 10 years how many subjects taught do we even remember ?? Same would have happened with Tax filing also if taught so early, we wouldn't give much importance and treat it just for passing exams

@kshegde3000 26 күн бұрын

I don’t think so. The law changes and people forget. In the age of internet we can easily access data when required

@mohdtazammul4699 Ай бұрын

Filed my ITR myself for the first time, thanks for demonstrating whole process.

@MrROHITBOHRA 27 күн бұрын

If I pay more than the balanced tax in ITR than what will happen?If I pay more than the balanced tax in ITR than what will happen? Is the excess amount will be returned automatically

@GaneshDas-ig5im 25 күн бұрын

@@MrROHITBOHRA yes it will be returned from itr deperment

@Joymaa2020 24 күн бұрын

Thank you so much. Two years consecutively filled ITR after watching your video, your explanation is very sharp & top to the point.

@IMPOSSIBL3GAMING 13 күн бұрын

I just filed the ITR for the FIRST TIMEE !!! JUST BEFORE THE DEADLINE!!!! SUPER EZZZ ALL BECAUSE OF YOU!!

@PranayDutta18 Ай бұрын

Explained each section of both categories in detail. Thank you RJ & LLA team.

@anlettee4867 Ай бұрын

Thank you so much, I could independently fill my ITR last year and this year because of your videos

@godiswithme3803 Ай бұрын

ITR 2 video sir for salaried employee as salaried employee do stock investing too

@sayanbera7474 Ай бұрын

Yes we need a video on itr 2 file

@VivekDhankhar2108 Ай бұрын

yes

@anonymous_devil3730 Ай бұрын

And sir, my problem is last year I have 30k stgc loss and 84k ltcg gain but I don't want to setoff this to make final 64k, as if I carry forward 30k stgc loss still ltcg is under 1lakh which is expemted. Is that possible?

@HimanshuSharma-12221 Ай бұрын

@@anonymous_devil3730 you can carry forward that stcg loss for 8 years

@HimanshuSharma-12221 Ай бұрын

@@anonymous_devil3730 I think no mandatory set-off is required in this scenario since the LTCG is exempt. You can carry forward your STCL of ₹30,000 to future years for set-off against any future capital gains.

@rohitsingh-ol6cz Ай бұрын

@LabourLawAdvisor Please upload a video on ITR2 (salaried person with ELSS Mutual fund/Mutual fund, Stock and crypto currency )

@rohitsingh-ol6cz Ай бұрын

With old tax option

@ankitchauhan3207 Ай бұрын

@16:30 80ccd(2) is being asked for employer contribution not employee contribution. Its limit is up to 10% of salary (Basic + DA) and not 50000

@AkshayVasant 23 күн бұрын

Came here to say this. 50,000 deduction is under 80CCD(1B). Employer contribution can very well exceed the 1.5L + 0.5 L limit (except it can't be more than 14% of basic for a Central government employee).

@Tarun.m.kumar6 14 күн бұрын

Thanks a lot... filed again and again through watching your videos. Thanks to you and your team to be someone whom common people can rely on. Keep it going.

@vemulaabhilash2400 11 күн бұрын

I filed ITR for the very first time, thanks @Rishab for your help in understanding.

@Lost1boy 16 күн бұрын

Thank u so much brother ❤❤ I made it first time very easily with ur proper guidance.❤❤

@anusuyasinghroy615 16 күн бұрын

You are the Best!!!! Filed my ITR myself for the first time. Thank you!!

@hiranandaniguy 20 күн бұрын

Thanks, @Rishab! Finally filed my ITR for the first time, all thanks to your video.

@MichaelScott69 26 күн бұрын

I love your videos, i don't need this as my mom's a CA but still watched this. Eloquently explained. 👍

@soumipaul7832 15 күн бұрын

Thank you. I filed it all by myself by just watching your video.

@abhinavranaut915 14 күн бұрын

Thank you for this video!! It was easy, informative, and super helpful Filed my ITR myself for the first time, Cheers!!

@aakashkushwah3284 15 күн бұрын

done really under 15 mins by watching this video twice. Thank You!

@ManishGada87169 Ай бұрын

at 16:35 There is mention of NPS but its not the 50000 Limit. The limit is 10% of Basic for NPS through Employer.

@sleepyvoyager 13 күн бұрын

Thanks for the super useful video. I just filed my ITR at 11.42 PM on last day by following instructions in your video 😂. Not a thing that I proud of but yes I did.

@prasadbhalkikar3753 14 күн бұрын

Great!!! Very Well Explained Thanks!!!

@mahinperwaiz 13 күн бұрын

Great... Just filled my mom's ITR. Thanks

@kunalmuley09 16 күн бұрын

Thanks! I refer to your videos every year to file my ITR.

@django27 Ай бұрын

16:32 Please recheck this point Team LLA, the deduction amount under Section 80 CCD(2) is not ₹50,000. Its as follows- Section 80CCD(2) allows a salaried individual to claim the following deduction: Central Government or State Government Employer: Up to 14% of their salary (basic + DA) Any other employer: Maximum deduction of 10% of salary (basic + DA)

@HimanshuSharma-12221 Ай бұрын

Yes right! 80CCD(1B) is the section which gives 50,000₹ deduction being employer's contribution in NPS

@django27 Ай бұрын

@@HimanshuSharma-12221 Yes but it's not available in the new scheme.

@HimanshuSharma-12221 Ай бұрын

@@django27 correct, there is barely any deduction for salaried employees in Default scheme(new scheme)

@bhupendrayadav8492 29 күн бұрын

This year onwards...It is available. Employer contribution is exempted

@shubhank920 13 күн бұрын

tum kya mast karta hai bhai... aaj last day baith ke itr file kiya hun, even though mai is video ki salary se relate nahi kar sakta 😢lekin fir bhi theek hai😁

@SharukhKhan-ic1xp 14 күн бұрын

It was a great video. I filed ITR now with the help of this video

@s95kumar Ай бұрын

Gurudev maja aa gaya ek video itr 2 fo salaried ppl including mutual share trading etc. Dhanywaad 🙏

@shiraz15ali 23 күн бұрын

What an amazing tutorial. You are doing a great job!

@haraprasadacharya6473 27 күн бұрын

Excellant presentation and highly educative video on ITR filling both in old and new regime.

@avinash_up44 14 күн бұрын

Thank you brother 🙏

@atulmandrekar5565 24 күн бұрын

Thank you @Labour Law Advisor for the very informative and helpful video 😊

@krishnasahoo4598 15 күн бұрын

Thank you so much to make this video. I filed it for the first time..kuch bhi nhi pata tha..really thank you again.

@ShivaKumar_Bheemasena Ай бұрын

Thanks a ton for such wonderfully video and making Income tax filing easier........ :)

@0124akash 21 күн бұрын

Sahi hai, india me sabhi logon ne accounting pad rakkhi hai aur sabhi CA hai... isliye ITR file ko jitna ho sake utna complicated kar do. Had hai govt chahti hai ki sabhi log ITR file karen to isko easy se easy karna chahiye app ke through. Hum 7-8 saal se ITR file kar rahe lekin CA ke through. Khud se to Kam hi log kar sakte hain, jab ki maximum log chahte hain ITR file karna.

@harshitajaiswal555 20 күн бұрын

Khud se karna hai to cleartax se kar sakte hain. Still ek CA se karana always better hai.

@0124akash 20 күн бұрын

@@harshitajaiswal555 government ground level pe nahi dekhti...sachchai to ye hai ki abhi bhi bahot se log ATM use karna nahi jante.

@banjara2404 25 күн бұрын

ऋषभ सर आपके सारे विडियोज बहुत यूजफुल होते हैं। Thanks for this interesting knowledgble video 💐

@TeilorJoe 27 күн бұрын

Thank You Rishav and Team LLA I have successfully filed the ITR for the first time.🎉

@PrimeAjinkya 23 күн бұрын

Wa filing ITR first time. This helped me a lot.

@abhishekpateria2480 18 күн бұрын

Thank you so much, this tutorial has helped me a lot.

@dsb8307 21 күн бұрын

*My personal details(auto-fill data) is not showing up.What to do, please help!*

@charleparker2031 15 күн бұрын

Did not knew of the Preventive Health checkup 👍

@prithabhattacharya7517 25 күн бұрын

Your videos have been a lifesaver since I started working. I was literally waiting for your video to file my ITR

@jitendradas3776 14 күн бұрын

Thank you sir you explain so well.

@user-xo9lh9wv6m 17 күн бұрын

A BIG THANK-YOU TO LLA 😊😊😊

@mangeshsalunkhejaijaijagan9073 21 күн бұрын

This is very good and well explained, cleared all doubt and submitted successfully.. thank you and Love you brother..

@soumikpramanik7489 Ай бұрын

thank you for guiding us. and I have a request . Can you please make a video on which exemption and deduction are allowed under old tax regim and default tax regim.

@LabourLawAdvisor Ай бұрын

Check previous tax planning video

@ashwing2713 22 күн бұрын

Thank you 🙏 I was going to pay someone to file this but you saved my money I would think to invest the same amount in your course now

@VuAnhTruyen Ай бұрын

Vematum stands out in the crowded crypto space. A real gem!

@Sameer-Shirsekar 15 күн бұрын

Thank You So much Labour Law I filed ITR by your watchin video

@Gautam26810 Ай бұрын

after seeing your video and following step-by-step process, going with a old tax regime, I am surprisingly able to see a refund of 31,000 approx, Thank you for the valuable content. I hope that I have filled it correctly. I will re-verify it again and submit. This is surprising for me, because my CA were not able to get me a refund but I am able to. I am under 30% take slab. Thanks for such valuable content, which positively convince the viewer to write a comment.

@ca.manishbhatnagar 23 күн бұрын

The objective should not be to get refund only, but to file ITR by complying all the provision of Income Tax act. Everyone could get refund easily by not showing correct Income or by availing extra deduction but it shouldn’t be the case as you have to file ur ITR correctly

@VINODSAINI-xx5hy 7 күн бұрын

❤Nice short knowledge video. Some query please reply ya make video. 1. Kya ham apne minor child ke name se mutual fund me invest kar sakte hai. 2. Kya ham apne minor child ki ITR 2 bhar sakte hai. 3. Minor child ke income source kya ho sakte hai. Usko paise kaise de hum. 4. Minor child ka LTCG 1 se 1.25lacs rebate minor child ki hogi ya phir parents ki.

@Abd_DOGRA Ай бұрын

Thanku so much for such a great and informative content.

@shubhamsagar6083 22 күн бұрын

Great help . Please make a video on ITR filing of salaried employee who invests in stock market.

@LuongTuyetHaLan Ай бұрын

Vematum's whitepaper blew me away. VEM is the future of crypto!

@rajasaha1997 29 күн бұрын

The music feels like I am on a mission to fill ITR 😁. Helpfull video.

@phaniraj3936 20 күн бұрын

thanks for the information. the way you provided the information , is very usefull.

@vivekgupta0292 16 күн бұрын

this video is like a boon to crores of middle class tax payers. I think finance ministry should sponsor this video coz it's actually their job.🖖

@TrươngKhắcThọ Ай бұрын

Presale investments have been my go-to, and Vematum is my latest pick. Early birds catch the worm!

@AiHongSimioli Ай бұрын

Vematum's team is top-notch. Expecting big developments soon!

@NguyenLyChung Ай бұрын

Vematum's impact on metaverses could be revolutionary. Glad to be in early!

@priyankakamath139 17 күн бұрын

Hello Rishabh, thanks for this explanation video. In next video pls show an example of where tax is zero in Form 16 but is payable while filing ITR.

@naveenchalageri7858 25 күн бұрын

My colleague filed IT return through a third party. She showed it to us and we saw 2lakhs interest payable on housing loan. We asked her whether she has taken Housing Loan, she said "No". When we asked her how much fee she paid for IT return, she said that 10% of refund amount. We asked her to file revised return by herself or some trustworthy. Please highlight this in your channel so that the income tax leakage can be plugged.

@Invest-qh3jh 27 күн бұрын

Thanks for this. Helped out a lot!

@saketgupta1250 Ай бұрын

Wrong information on 16:32 about 80 ccd 2 . Please read about then clarify in pinned comment.

@saketgupta1250 Ай бұрын

@kinteshpatel9474 22 күн бұрын

Sir aapne bahut achi tarah se samjaya hee❤❤❤

@kokabfarukh1501 16 күн бұрын

Thank you so much for the guidance.

@piyush1176 Ай бұрын

What to do if tax deposited amount is less on the ITR website and more on form 16 provided by employer

@ankitkumardhuria5653 21 күн бұрын

13:44 I don’t see my name here. And I’m not able to add/edit my name detail. It is blank. What can be done?

@harishrudrakshi8883 Ай бұрын

VERY INFORMATIVE VIDEO... BEST WISHES💐... AND THANK YOU.... Please make ITR filing video for business owners with investment in SGB, NPS, SSY, PPF, MUTUAL FUND LTCG, FD AND INSURANCE, HOUSE RETAL INCOME, HOME LOAN...

@gyansongh462 Ай бұрын

बहुत ही सराहनीय

@techlover1919 16 күн бұрын

Excellent video.

@sakshichauhan2359 19 күн бұрын

GREAT HELP, thanks for tutorial

@gauravojha5527 23 күн бұрын

LLA team, upar waala aapko safal rakhke.

@yogeshsuryawanshi3571 Ай бұрын

Thanks I filled ITR by watching your video. Really helpful 👍🏻

@suchitiwari1975 17 күн бұрын

Helped a lot thankyou so much !!

@jeetpratappathak 11 күн бұрын

12:32 He said Old tax Regime But Information about New Tax Regime. And Also background text is New Tax Regime.

@parthsalat 23 күн бұрын

Good video for begineers (like me). But it lacked important details for old regime (and other ITR forms)

@ai5152 Ай бұрын

Hi, in some of the form 16 the line is written as "Whether opting out of taxation u/s 115BAC (1A)" wherein Yes seems right if opting for old tax regime

@arununiyal Ай бұрын

Sir, freelancer and stock trader/investor ke liye bhi bana dijiyega ek video.

@aniketpattiwar4816 21 күн бұрын

Informative video. Nice presentation. Thank You 😊 👍

@Enjoyment-shorts Ай бұрын

Hello sir I am a student and there are many more like me who want to know tax on equity like we are confused like I am student who get money from relatives and family members and don't spend it and save if I buy shares and sell in 6 months what tax I have give to goverment and I have to fill itr or not and if I buy that stock again on that day then also I have to fill itr 😅 bohot confuse hain

@user-maheshk9326 Ай бұрын

Dropped comment to bookmark Que, If incase you get good ans or suggestions!

@SiddhanthRoyal Ай бұрын

Same here I am gaining about 1L from equity at the end of the year because I had a Lumpsumn which was invested under my name (19 yr old) If I withdraw it, do I have to file any income report??? Because I am not yet a salaried employee and I am getting returns...

@Enjoyment-shorts Ай бұрын

@@SiddhanthRoyal Ohh sath ka hi hain same age👍 but merko nahi lagta koi reply Mila ga LLA sai

@tusharkantidas5878 28 күн бұрын

@Enjoyment in this scenario you don't have to pay if the amount is not so big.. Cause you are already paying taxes.. ITR file koi bhi kar sakta hay, tax slave k andar na ao to bhi, it help so many places..

@adebnath86 16 күн бұрын

Sir, thank you so much for the guidance.. also wanted to let you know it's very difficult to follow your speed while filling the ITR along with the video,

@naresh0330 Ай бұрын

Sir Nill ITR Kase file kare Video Banao

@priyabairagi6276 14 күн бұрын

You should make video for filing ITR 2 since many people have salary income + some capital gain

@ChungLamPhuong Ай бұрын

Just increased my holdings in Vematum. Feeling confident about this one!

@PrinceYadav2024 22 күн бұрын

I filed my ITR for first time through this tutorial. Thanks Rishabh Jain.

@VoQuocMat Ай бұрын

Vematum's roadmap looks promising. Exciting times ahead!

@DhirajKyawal 14 күн бұрын

Make a similar video for Freelancers/Professionals (ITR4) please!

@MrFaizansir 28 күн бұрын

Sir , small business owner ke liye bhi ek video bana dijiye

@prakashsahoo2931 21 күн бұрын

Very helpful video. Chanel subscribed. It will help me to not pay 1000 rupees to ca.😊 I have done my filing myself thank you.

@ANURAG-fi2bg Ай бұрын

Difference between old regime and new regime? Which is better?

@chaitanyakatekar4301 20 күн бұрын

Very Informative vedio for salaried persons

@deepaksehgal866 Ай бұрын

My tax saving tip: my annual income 50lac and I pay only 75k tax because in our tax department in loophole called donation I am donate my 80% income to a political party and receive 75% cash receive under the table I am using old tax regime so my total taxable income 8lac per annum and I pay 75k that why I am legend 😎😎😎