INCOME TAX DEPRECIATION CHART
Rates of depreciation as per Income Tax Act, 1961 [Depreciation allowance as percentage of written d...
ITR forms simplified – New ITR – 2A to come – due date extended to 31 August 2015
Government to simplify ITR Forms – New ITR-2A to come – Due Date extended to 31.08.2015 ...
Income Tax forms return to saral format; foreign travel disclosures not needed
The finance ministry on Sunday revised the tax return forms for different classes of tax payers, dro...
Three problems people who’ve changed jobs face with their tax returns
Anybody who’s changed jobs during the year will tell you what a tangled mess it is to file an inco...
What’s a nil return and when should you file one?
What’s a nil return? A nil income tax return is filed to show the Income Tax Department that you f...
Section 89 of the Income-tax Act
An employee’s tax liability can increase when she receives arrears. However, one can get some amou...
Filing of Income Tax Return for AY 2015-16 and Advantages & Disadvanteges of ITR AY 2015-16
Income Tax Return is not mandatory whose income below Rs. 250000/-. Apart from this if you hav...
How to respond to a demand notice from Income Tax Department?
Income Tax Demand raised on you is uploaded by the AO on the Income Tax Website. The details of the ...
Dont Misuse Form 15G, 15H for avoid TDS
Imprisonment and fines await those who wrongly file the two forms to avoid tax on interest income. G...
Who can claim a deduction under section 80DD?
Deduction under section 80DD of the income tax act is allowed to Resident Individuals or HUFs for a ...