Deduction of TDS in respect of Senior Citizens who have Invested in SCSS
Deduction of Tax Deducted at Source (TDS) in respect of Senior Citizens who have Invested In Sr.Citizen Savings Scheme (SCSS)
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Income Tax
Linking Of PAN With Aadhaar While Filing Of ITRs – CBDT’s Order
CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs - Order under Section 119 of the Income-tax Act, 1961
Income Tax Department releases all seven ITR forms for e-filing
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified.
Income Tax: Get tax exemption of Rs 10,000 on savings bank account interest income
Q1. I have salary income, interest from saving bank account and dividends from equity funds. For interest from bank accounts, do I have to submit proof to claim deduction under Section 80TTA? Do I…
Income Tax 2018-19 – Rates, Exemption, Deduction, TDS, and Advance Tax
Income Tax 2018-19 - Income Tax Rates, Relief, Exempted Income, Deduction, TDS & Advance Tax: INCOME TAX AY 2019-20
Income Tax – List of benefits available to Salaried Persons for Assessment Year 2018-19
List of benefits available to Salaried Persons for the Assessment year - Financial Year 2017-18 - Particulars of Income Tax benefits listed below
How to fill the new details required in ITR-1
The tax department has uploaded the new income tax return (ITR) Form1 or Sahaj for the financial year 2017-18 on its e-filing website. This is the form that is used by most of the salaried class to…
Tax benefits on education loan and fees; here’s all you need to know
A person can avail tax benefit in respect of interest paid for a loan taken for the purpose of higher education of certain relatives under Section 80E.
New Income Tax Return (ITR) Forms Released, Tax Slabs For FY 2017-18
The income tax department recently notified income tax return (ITR) forms for the financial year 2017-18 (assessment year 2018-19). A one-page simplified ITR Form-1 (Sahaj) has been notified.
Income Tax Standard Deduction of Rs. 40,000 applicable to Pensioners – Clarification
Income Tax Standard Deduction of Rs. 40,000 applicable to Pensioners - Clarification regarding applicability of standard deduction of Rs.40,000 to pension received from the former employer – Ministry…
How section 80G can help you save income tax
Section 80G of the income tax Act allows donations made to prescribed funds and institutions as a deduction from gross total income before arriving at taxable income.
ITR Forms for the financial year 2017-18 (A.Y 2018-19) notified
ITR Forms for the financial year 2017-18 (A.Y 2018-19) notified - ITR-1 one page return simplified further - All ITR Forms are to be filed online except for the income up to Rs. 5 lakh or PAN holder…
Income Tax alert! Top 3 tasks you need to do by March 31
As per Section 139(1) of the Income Tax Act, the due date for filing income tax return (ITR) is July 31 of every assessment year for individual / Hindu Undivided Family.
5 income tax changes which will come into effect from April 1, 2018
In the budget 2018 speech, Arun Jaitley introduced various tax changes which will come into effect from April 1 this year.
Income Tax Relief under Section 89 of Income Tax Act – Updated GConnect Calculator
Income Tax Relief under Section 89 of Income Tax Act - Income Tax Relief under Section 89 of Income Tax Act - GConnect Calculator to determine IT Relief for Arrears of Income from Salary received in…
GConnect Income Tax Calculator 2017-18 (A.Year 2018-19) with Save Option
GConnect Income Tax Calculator 2017-18 (A.Year 2018-19) with Save Option - Designed specially for All Central Government Employees and Pensioners launched today
GConnect Income Tax Calculator 2017-18 (Assessment Year 2018-19) for Central Government Employees and Pensioners –…
GConnect Income Tax Calculator 2017-18 (Assessment Year 2018-19) for Central Government Employees and Pensioners - Instant Version - Step by Step Tutorial to calculate Income Tax 2017-18
Income Tax E-Assessment System to be introduced throughout the Country
Income Tax E-Assessment System to be introduced throughout the Country - New Scheme for Assessment in Electronic Mode – Finance Minister
Income Tax Relief for Senior Citizens on Interest Income up to Rs. 50,000
Income Tax Relief for Senior Citizens on Interest Income up to Rs. 50,000 - Pradhan Mantri Vaya Vandana Yojana extended up to March 2020
Income Tax for Salaried Class – Standard Deduction introduced
Income Tax for Salaried Class - Standard Deduction introduced - Relief to salaried taxpayers: standard deduction of Rs 40,000 allowed in lieu of present exemptions
Relief to salaried…