Intimations Under Section 143

As per the Government norms, in India, it is mandatory for all individuals who have a specified amount of annual income to file for an Income Tax Return and within …

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Tax Deductions Under Section 80

Taxes are an essential ingredient in the composition of the Indian economy. A major portion of the income incurred by the government is accounted for them. This income is the …

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Intimations Under Section 139

According to the Income Tax Act 1961, Section 139 has been formulated to deal with the late filings of returns. If any individual or any non-person entity fails to file …

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Special Allowances And Deduction U/s 10

Under Section 10, individuals are given certain special allowances for the amount they spent for specific purposes. Apart from the net salary, an employee receive various allowances for specific purposes …

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How to file IT return for previous years?

Before getting to the point, it is required to understand the meaning of following terms: Belated Return:                              If you file your income tax return after due date(31st March Of …

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