Filing Income Tax Return for FY 2017-2018? Know which ITR Forms to use
ITR filing season is on. From this assessment year, there is a penalty under section 234F of the income tax act. If you are wondering about which ITR forms to use then read on.
Jun 27, 2018
Income Tax Return Filing: Here’s what you need to disclose in ITR forms for Financial Year 2017-18
The new ITR forms seek more transparency and disclosure in terms of income, investments and assets. Here's all you need to know.
Jun 26, 2018
Income Tax: 10% TDS on joint development agreement for property purchase
If one have entered into a joint development agreement with seller, then there is a liability to deduct TDS @10% for the monetary consideration (i.e., other than kind) while making payment.
Jun 26, 2018
Income Tax Return filing: What if you missed the deadline for filing belated ITR and can’t do it online anymore?
There have been significant changes in the income tax return filing rules in the last few years, especially pertaining to the rule for filing belated ITR for the previous years.
Jun 25, 2018
How fixed deposits are taxed in India; Here’s all you need to know
FDs are considered as one of the safest and most common investment options. The interest income earned from FDs, however, has certain tax implications.
Jun 20, 2018
Income Tax Return filing: 10 must have documents to file your tax return for AY 2018-19
Filing of the income tax return is important because it is the documented proof of your income. However, you cannot file your return without some documents.
Jun 19, 2018
Income Tax Department detects Rs.10, 767 Crore undisclosed income during fiscal 2017-18
The income was detected during the verification of cases of Non Pan Data, Foreign Account Tax Compliance Act (FATCA), Automotive Exchange of Info (AEOI), and Common reporting standard (CRS) data.
Jun 17, 2018
Income tax payers filing appeals before ITAT will have to provide information relating to the amount locked up in dispute
The form for filing appeals to the Income Tax Appellate Tribunal (ITAT) is being amended after 25 years.
Jun 13, 2018
Income Tax: Standard deduction on LIC Jeevan Suraksha annuity if started by former employer
If an employee receives pension from former employer then such amount is eligible for standard deduction.
Jun 13, 2018
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Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
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