Many of us wait till the last moment before springing into action to file our ITR’s, be it a habit, fear or expertise. Either we are unaware of the deadlines set by IT department or unable to make time before such deadline. Non adherence of Due Date for ITR Filing  in any case, can attract repercussions from the Income Tax department. Therefore for your reference, we will let you know the various provisions of due date.As per Income Tax Law, there are different categories of assessees viz. Individual, HUF, Firm,SEE DETAILS

 Can ITR filing ever be a breeze?? Well surely it can be, if, we start preparing for it timely. So, the next ques arises, what is the good time to start preparations? There is no fundamental law which can notify such time. However, for the sake of understanding we can presume earlier is better.The due date of Income tax return filing for FY 2017-18; AY 2018-19 is 31st July 2018, for non audited cases. But, it will be wise to start arranging for information and documents now onwards to haveSEE DETAILS

 As a taxpayer we always feel burdened with tax payments:(Empathising with your situation, government came up with Rebate u/s 87A in Budget 2013, to reduce the burden of taxes. Let’s understand how you can take advantage of income tax rebate under section 87A in simple language!What is Rebate under section 87A of the income tax?Rebate u/s 87A provides exemption on tax payment to a RESIDENT INDIVIDUAL. As per this provision, if an individual’s taxable income is upto Rs. 3.5 lakhs then he will get the benefit of Rs. 2500 orSEE DETAILS

In the wake of increasing the tax payers base multifold and ensure a strong control over compliance in the country. The income tax department has been putting lot of efforts for last couple of years by constantly spreading the awareness on a mass scale via different mediums like TV, radio, newspaper ads, social media etc.,“Listening to radio ads for 5-6 times of income tax department while on the way to your office was not common at all 2-3 years back and on social media too the department is active likeSEE DETAILS

We come across a lot of people, some are always late for everything and some are bang on time. Laziness, unawareness or busy schedule whatever the reason maybe if you are one of those defaulters who missed the last date (March 31, 2018) to file income tax returns (ITR) for the financial year 2015-16 and 2016-17, you cannot file a belated return anymore. But, if you are reading this blog you have most probably missed the deadline and want to find whether there is still any Chance.Things that can be doneSEE DETAILS