Taxes

Income Tax Warning to Salaried Taxpayers: 11 things every Taxpayer should be careful about!

A few days back (on April 16, 2018) Income Tax Department issued cautionary advisory to Salaried Taxpayers about under-reporting of…

July 16, 2019

Income Tax Return 2019: Which ITR Form to use for AY 2019-20?

The income tax return (ITR) forms for AY 2019-20 (FY 2018-19) were notified on April 9, 2019 by CBDT . In…

July 13, 2019

NPS Becomes more Attractive after Budget

Budget 2019 among many things also notified following 3 changes in NPS - which would make it more attractive to…

July 9, 2019

19 Highlights of Budget 2019

Budget 2019 has taxed super rich more, made PAN & Aadhaar interchangeable, additional tax exemption on purchase of home and…

July 7, 2019

How to Claim Tax Exemptions while filing ITR?

There are times when some salaried tax payers are not able to claim tax exemption as they were not able…

July 2, 2019

What does Intimation U/S 143(1) of Income Tax Act mean?

One of my friends called me in a worrying voice telling me he had received an email from Income tax…

June 26, 2019

How to fill Details of Income from Salary in ITR Form

Step by Step Instructions (with screenshots) on how to fill Details of Income from Salary in ITR Forms using revised…

June 19, 2019

9 Key changes in Income Tax Return (ITR) Forms for AY 2019-20

The good thing is most part of ITR Form for AY 2019-20 is similar to last year, only with increased…

June 13, 2019

Filing ITR for Senior Citizen with Pension & Fixed Deposit

Step by Step instructions (with screenshots) to file income tax return using ITR-1 for Pension and Fixed Deposit Income for…

June 12, 2019

Best ELSS (Tax Saving Mutual Fund) to Invest in 2019

ELSS (Equity Linked Saving Scheme) or Tax Saving Mutual Funds are one of the best investment options for tax saving…

May 22, 2019
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