Taxes

Verification in ITR – I further declare that I am making returns in my capacity as ….

ITR Verification - Capacity as

After you fill up your income tax return forms, the last section asks for Verification. The statement reads as: I, (full name in block letters),                                      son/ daughter of                              solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete and […]

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Cost Inflation Index for Capital Gain for FY 2021-22 is 317

cost inflation index for capital gain

The CBDT (Central Board of Direct Taxes) notifies the Cost Inflation Index for Capital Gain every year. The latest Cost inflation index for Financial Year 2021-22 / Assessment Year 2022-23 vide Notification No. 73/2021-Income Tax | Dated: 15th June, 2021 is 317. What is Cost Inflation Index? As the name “Cost Inflation Index” suggests it’s

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How to Tax Save for FY 2021-22 – Download Tax Planning ebook

How to Tax Save for FY 2021-22 - Download Tax Planning ebook

How to Tax Save Income for Salaried and Professionals for FY 2021-22? – a question that is often asked by my friends, family and blog readers. This is expected mainly due to the complicated income tax structure. There are multiple tax sections and every year a few more are added or modified. It’s hard to

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