A taxpayer can claim Income Tax Refund in a particular Financial Year when he/she has paid, more tax than his/her tax liability for the relevant Financial Year. You may have paid extra tax in the form of TDS, Advance Tax or Self-Assessment Tax. There are chances that, you have paid more tax than you were liable to… Continue reading All about Income Tax Refund?
It is the Income Tax season and the last date to file Income Tax Return is 31st July 2018 for the Financial Year 2017-18. It is mandatory for the citizens of India who have Income to file Income Tax Return. In fact Income Tax Return is proof of your Income. Download Click Here and use our Android App to file… Continue reading Filing Income Tax Return in India
E-filing or Electronic filing of Income Tax Return is nothing but submitting your ITR online. Over the period of time E-filing of Income Tax Return has gained a lot of popularity, as it does not require the hard copy of your documents and can be done free of cost. Who is supposed to file Income Tax… Continue reading E-filing of ITR and more about it.
Generally, a salaried Individual pays tax in the form of Tax Deducted at Source or TDS. TDS is deducted by employer on monthly basis from the Salary of the employee. The Income Tax Department maintains the records of the total tax paid by the taxpayers. Form 26AS or Tax Credit Statement is an annual statement, that contains the details… Continue reading Form 26AS and How you can view it?
Form 16 is a certificate issued by your employer, stating the fact that your TDS has been deducted and deposited to the Government of India on behalf of the employee. Basics of Form 16 Download Click Here and use our Android App to file Income Tax Return Form 16 is a certificate issued by an employer that states… Continue reading Form 16 and why is it important?
The due date to File Income Tax Return for the financial year 2017-18 is 31st July 2018, here are a couple of things that bothers taxpayers. Download Click Here and use our Android App to file Income Tax Return The first and foremost things that comes to a taxpayer’s mind is, why he/she file Income Tax Return? Download Click… Continue reading Issues associated with Income Tax Return.
The deadline to file Income Tax Return for the Financial Year 2017-18 is 31st July 2018 and many of you must be wondering how to reduce your tax liability. We will tell you how you can reduce your tax liability by claiming deduction under Section 80E. Download Click Here and use our Android App to file Income Tax… Continue reading Reduce Tax Liability using Section 80E