Difference between Form 16 & Form 16A
Some of our customers have written to us enquiring about the difference between Form 16 and Form 16A...
Do NRIs have to pay Income Tax in India?
For Income Tax pruposes, your residential status impacts how your income is taxed. A Resident Indian...
CBDT Issues Instructions to Its Field Offices Regarding Endeavour Towards a Non-Adversarial Tax Regime
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes 7th Nove...
CBDT to I-T officers: make proper tax assessments
The Central Board of Direct Taxes (CBDT) has directed supervisory officers to play a more proactive ...
How to save Capital Gains Tax on Sale of Land
Did you sell a plot of land? Land is a Capital Asset. However, Agricultural land in a rural area in ...
How to Set off & Carry Forward Capital Losses
When you calculate your Capital Gains and where the sale receipts from a Capital Asset is less than ...
Received Income Tax Notice for AY 2014-15 – need help?
While on one hand tax sops may be rolled out, still improving tax collections is a sure shot way f...
Basics of Income Tax for Beginners
Today we bring to you basics of Income Tax you’ll need to equip yourself with and this should help...
Can you save tax by transferring money to wife’s account?
Do you transfer money to your spouse’s account so he/she can meet personal expenses, does that mon...
Deduction u/s 80GG
In computing total income, an assessee is allowed a deduction in respect of expenditure towards paym...