The last weeks of a financial year are stressful for many who do not maximise all the tax benefits at…
The notice said that Ahire had an undisclosed amount of Rs 21,00,000 and Rs 56,81,000 as other deposits in his…
The legal heir/ representative of the deceased shall be liable to file the return on his behalf for the income…
Budget 2020: The FM had recently hinted at providing relief to individuals in line with the tax cuts announced for…
Calculate your financial needs and plan your investments properly, so that proper investment avenue may be selected and adequate investments…
Even though the interest rate in NSC is higher, compared to 5-year tax-saving bank FD and PO 5-year time deposit,…
Budget 2020 India: While some taxpayers and tax experts want some changes in the income tax slabs and rates, others…
The CBDT has notified these forms even before beginning of relevant assessment year, which will give sufficient time to taxpayers…
Tax-saving investments have cap on short-term withdrawals, which in turn inculcates a habit of savings and investments among taxpayers over…
The Finance Ministry recently notified the Income-tax Return (ITR) Forms ITR-1 (Sahaj) and ITR-4 (Sugam) for the A.Y 2020-21 to…
The Government of India has inserted section 194N in the Income Tax Act, 1961, for deduction of TDS of 2…
There are many tax-saving investment options available before the taxpayers, out of which some are physical assets like house, electric…
“After the notification, concerns have been raised that the changes are likely to cause hardship in the case of individual…
Apart from the exemptions on investments u/s 80C, tax exemptions on interest and maturity make PPF a preferred tax-saving instrument…
TDS Payment Rules for Celebrities: The payments made to various artists participating in reality TV shows as guests or judges…
Filing of Income Tax Returns (ITR) for the assessees, who needn’t get their income audited, starts from April 1 every…
Inefficient tax-planning may result in serious depletion of take-home income, especially in the last few months of the financial year,…
Budget 2020 India: Among the many expectations of taxpayers, one key expectation is the restoration of income tax benefit on…