All about Form 15G and Form 15H
Form 15G and Form 15H Form 15G and Form 15H are a declaration statements that can be filled out by fixed deposit holders to ensure that no TDS is deducted from…
When To File Form 15CA, Form 15CB
File Form 15CA, Form 15CB As per Section 195 of Income tax Act, 1961, every person liable for making a payment to non-residents shall deduct TDS from the payments made to…
Union Budget 2021: Impact on Individual Tax payers
Union Budget 2021: Impact on Individual Tax payers Let's Know How the Union Budget 2021 impact on individual Tax Payers. The Union Finance Budget 2021 has been passed recently by…
CBDT holds one more month to file ITRs
The Central Board of Direct Taxes or CBDT has announced its extension of the date of filing returns of income tax (I-T) cases that demand to be audited by a…
What is Advance Tax & How to pay Online?
What is Advance Tax & How to pay Online? As the name hints, Advance Tax is a tax which is paid in advance by the taxpayer as a part…
Agricultural Income – Tax treatment / Taxability
What is Agricultural Income – Tax treatment / Taxability According to Section 10 (1) of the Income Tax Act, Agricultural income is not taxable as it is not considered…
CBDT holds one more month to file ITRs
The Central Board of Direct Taxes or CBDT has announced its extension of the date of filing returns of income tax (I-T) cases that demand to be audited by a…
Excellent rate slash move to favour corporate tax payers to revive the economy within the next quarters
Pushing the economy to the upper note comparing with the Asian pals with showing no exemptions making Indian market highly competitive. Markets have increased their standard following the government’s bold…
Direct tax code: From easier ITR filing to easing tax burden, experts hope high
A new Direct Tax Code (DTC) drafting made with the assistance of Talented committee by Modi’s Team. Ages-ago the Income Tax Act, 1961 were formed and this is now…
Sooner availability of ITR forms with pre-filled investment data
Sooner availability of ITR forms with pre-filled investment data Individual Form 16 available in pre-filled pattern for recording breakup salaries. Generally, dividend details from mutual funds, profit or loss on…