Since the amount disclosed in income chargeable under the head salaries is less than 90% of Salary reported in TDS 1, please ensure to fill details in Others in Exempt Income

Error while filing ITR - amount disclosed in income chargeable under the head salaries

Since the amount disclosed in income chargeable under the head salaries is less than 90% of Salary reported in TDS 1, please ensure to fill details in Others in Exempt Income – an error that many of salaried tax payers are facing while filing their income tax returns. In this post we tell you why […]

Since the amount disclosed in income chargeable under the head salaries is less than 90% of Salary reported in TDS 1, please ensure to fill details in Others in Exempt Income Read More »

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

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

11 Investment Risks that You Must Know Before putting Your Money

Investment Risks and How to deal with them?

With popularity of Mutual Funds you must have heard “Mutual fund investments are subject to market risks Please read the offer document carefully before investing“. But do only mutual fund have investment risk and other investments are risk-free? In fact you might not realize but what you consider as “Safest” like Fixed Deposit also carries some investment risk.

11 Investment Risks that You Must Know Before putting Your Money Read More »