The Union Budget 2018, presented on 1st February 2018 gave a plethora of benefits to the Senior Citizens! The philosophy behind these benefits is evident from the statement of our FM, “ A life with dignity is a right of every individual in general, more so for the senior citizens. To care of those who… Continue reading Budget 2018 : Boon for Senior Citizens
India is doing great on national and international front but as citizens of India what is our greatest desire?? Do you also dream of a tax free India? Is it possible? Have you ever thought how relaxing will be days when income in your hands will no more be taxable, when at the end of… Continue reading INDIA – A Tax Free Nation
How to file an Income Tax Return? This question has been creating a lot of buzz for quite some time now as the tax filing season is at its peak. Also, tax return filing is a lot different this year as for all taxpayers this is their first return post demonetization.The last date for filing… Continue reading How to e-file ITR for FY 2017-2018 (AY 2018-19) with all the links you need.
Is ITR filing really that cumbersome process?? Well if you ask me it’s not really so..Here is a checklist of the most important documents for filing income tax return (ITR), to have on hand before you start filing your Income Tax Return. Keep these close and have a hassle-free ITR filing experience. Read how!! Common… Continue reading Documents Required for Income Tax Return (ITR) filing in India
Yes you read that right! The process of e-filing the income tax return usually consumes your whole day. But now we have cut it down to the process of just minutes! Have you ever wondered why it takes so much time to file our returns online? Well the obvious answer is that “It is very… Continue reading File your income tax return in just 7 simple steps!
Season of income tax returns has commenced. You need to show your Income to Income Tax Authorities on or before 31st July. By now, you must have received Form-16 and an instruction to file itr as soon as possible from HR Managers. But before you start with filing process, let’s look upon the common mistakes… Continue reading 11 common mistakes that you can make while filing Income Tax Return
Are you unable to understand why you have still not received your Income Tax Refund?? Even after filing your Income Tax Return on time!! Don’t worry… There are some common mistakes that you might have been doing till now…but no more!! As per the Income Tax Department, mistake that majority of the taxpayers do is… Continue reading Where is my Refund?
How can I verify whether TDS deducted on account of payment made to me by another party has been deposited to Govt. treasury or not? How can I check whether advance tax paid has been booked against my PAN no. or against another PAN no. by bank erroneously? How can I check the total tax… Continue reading Safeguarding tax credit of every tax
Income tax department [vide its circular no 41/2015 dated 15.04.2015 issued by CBDT] announced that taxpayers who filed their income tax returns online will no longer have to send the paper acknowledgement by post to CPC Bangalore, if they have aadhar card which can be used for verification purpose. Instead of manual verification, a new… Continue reading VALIDATION OF TAX RETURNS THROUGH EVC ALLOWED FOR AY 2014-15 AS WELL !
Gone are those days when you used to file your returns with a pen and a pencil in hand, struggling with the lenghty forms. E-filing is the new way to file your taxes with the income tax department. E-filing is a very simple process of submitting your documents electronically to the Income Tax Department. E-filing… Continue reading WHY YOU SHOULD DROP YOUR PEN AND START FILING ONLINE..!!