All You Need To Know About Section 68 & Section 143 (1) of the Income Tax Act
Section 68 – Cash Credit When there is any amount credited in the books of accounts of the assessee and the assessee has no clarification whatsoever about the source of …
Taxes
HSN and State Code List under Goods and Services Tax
What is an HSN Code? Harmonised System of Nomenclature Code commonly known as HSN Code is a six-digit uniform code classifying 5000 plus products globally. HSN was an idea which …
How to File Income Tax Return for the Deceased by Legal Heir
Income Tax return After Death Filling of Income Tax return for an individual is mandatory on gross income. During financial year if the person died, according to the income tax …
Personal Tax Return Online- Safer Option than Doing It Manually
Individual Tax Return Filing Nowadays, paying personal tax return online has become a very easy task. You just have to click few buttons and it is done. Few years back …
Demonetization Effect: ITR Filing Rise by 25% Last Year
25% Growth in ITR Filing The period between March 2017 and August 2017 saw a rise in filing of income tax returns by 25 % over corresponding last year period. …
10 Most Important Income Tax Updates From FY 2017-18
New Income Tax Laws in India You must be aware of the latest changes in income tax regulations from` FY 2017-18 as this can affect your financial planning in future. …
Health Insurance Tax Benefits – Deduction Under Section 80D
Section 80D- Tax Savings on Health Insurance Nowadays, it is common for families to opt for all kinds of insurances. The fact that it gives a kind of assurance to the …
Things to Remember When Dealing With IRS Tax Issues
“Paying tax is not a punishment. It is a responsibility.” – Chris Matthew IRS Tax Problems When dealing with tax issues in USA, it is important to take the process seriously. …
What Should You Know About E Filing Income Tax 2018
Income Tax Return E Filing Every individual whose total income comes in the taxable slab should file income tax return according to the section of 139(1) of Income Tax Act, …
Top 5 Website for Filing Income Tax Returns Online In India
Best Online Tax Filing Service India Salaried individuals or business owners, everyone needs to file their income tax returns before the due date. It is mandatory under the law to …