Are you an Income Tax payer? Then you must want to view how much tax you have paid and how much tax paid by your employer. You can get all details of tax credit on form 26AS.This is very simple to view tax credit on 26AS. You should verify form 26AS before filing Income… Continue Reading …
Tax
Websites to File Income Tax Return Online
Income Tax return is mandatory for income over Rs. 5 Lac from year 2013 .But those who have income less than Rs. 5 Lac they should also file IT online because IT return will help you to get any loan easily.Now a day there are so many websites who will file IT online for free… Continue Reading …
Income Tax Slabs & Rates for Assessment Year 2015-16 in India
As per tax slab & rates proposed in Union Budget for Assessment Year 2015-16 ,the income tax rates applicable for Individuals, Hindu Undivided Family (HUF), Association of Persons (AOP) and Body of Individuals (BOI) in India as given below – 1. India Income tax slabs 2014-2015 for General tax payers and Women Income Tax Slab (in… Continue Reading …
Guidelines For Filling Form C
Guidelines For Filling Form C Exemptions in respect of Allowances 1. House Rent Allowance – u/s 10 (13A) – Original rent receipts from the landlord to be kept along with Form C. Employee who is residing in his own accommodation is not eligible for the deduction. The amount of exemption will be restricted to least… Continue Reading …
No Need to Fill Income Tax Return if Your Salary is not more than Rs 5 Lakh
Update : This article was post on 2012 but now Income Tax Return is medatory If you are a salaried and you income not exceeding Rs 5 Lakh then from today you need not fill up any income tax return.Finance Ministry yesterday said that the person need not fill up tax return if his/her salary… Continue Reading …
Guideline to fill form c for Income Tax
General Rules to be followed while checking Form C for the financial year 2011-2012 for giving deduction/tax rebate. 1. House Rent Allowance – u/s 10 (13A) : Original rent receipts from the landlord to be kept along with Form C. Employee who is residing in his own accommodation is not eligible for the deduction. The… Continue Reading …