Income Declaration Scheme 2016- FAQs..! The
Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act,
2016 is to come into force with effect from the 1 st of June,
2016. The first part of the Tax Payer Education
Series of Frequently Asked Questions (FAQs…
Showing posts with label Income Tax - E-filing. Show all posts
Showing posts with label Income Tax - E-filing. Show all posts
New Form to claim Tax Exemptions by Salaried Employees : Form 12BB
New Form to claim Tax Exemptions by Salaried Employees : Form 12BB E mployers ask their employees to submit income tax
investment proofs along with LTA / HRA proofs. The
problem there is no standard format for the same. Each employer has different set of forms and asks for
dif…
Income Tax Returns - A to Z of New Form 12BB
Income Tax
Returns: A to Z of New Form 12BB This form
will act as a single entity that you can use to declare your investments and
claim tax deductions under HRA, LTA, Section 80, and interest paid on home
loans under Section 24 of the I-T Act By Mr. Adhil
Shetty , BankBazaar…
Income Tax department to block PAN Number, LPG subsidy of wilful tax defaulters
I ncome Tax department to block PAN Number, LPG subsidy of
wilful tax defaulters In order to cripple and check the activities of wilful tax
defaulters, the Income Tax (IT) department
has decided to “block” Permanent Account Number (PAN) of such entities, get
their LPG subsid…
Claiming Housing Loan Benefits in Income Tax Rreturn ..!
Claiming Housing Loan Benefits in IncomeTax Rreturn By Archit Gupta, ClearTax.in Buying
a home is India’s favourite dream. Buying property also involves making the
most of tax benefits. Increasingly, homes are being bought by the young with
home loans. If
you are unsure about …
Know the new disclosure norms in income tax return forms
Know the new disclosure norms in income tax return
forms by Ms. Sonu Iyer, EY India. The Central Board of Direct Taxes has released new
return forms to be used for filing tax returns (ITR). The amendments brought in
the ITR forms are a move towards creating an environment of…
