Is it better to claim 1 or 0?
The difference between claiming 1 and 0 on your taxes will determine when you will be getting the most money: with every paycheck or in one lump sum during tax …
Read MoreUpload form-16 Income tax returns
The difference between claiming 1 and 0 on your taxes will determine when you will be getting the most money: with every paycheck or in one lump sum during tax …
Read MoreManagement Allowance If you think that your entire salary is taxable, then that is not true. The overall package, which is termed CTC, comprises many Management Allowance. While calculating taxes, …
Read MoreTaxable Allowance Taxable allowances are those allowances which are part of salary and are not exempted under any section of Income Tax Act. These are taxed as per the tax …
Read MoreTaxpayers are usually aware of deductions under Section 80C of the Income Tax Act for which they are eligible. However, it is noticed that taxpayers are unaware of taxability of …
Read MoreThe Income Tax Return filing procedure can be extremely tedious and time-taking, especially for first-time filers, but having all the documents ready before hand makes the job a tad bit easier. There are exactly …
Read MoreITR Form 1- This type of ITR form is also known as ‘Sahaj’. It is filed if you are an individual taxpayer. It is applicable if you: · Earn income …
Read MoreWhat are Annual Reports? An annual report is basically a comprehensive report on a company’s activities throughout the preceding year. It is a publication that public corporations must provide annually to shareholders to It …
Read MoreWhat is partnership firm? Firms governed by Indian Partnership Act, 1932, where two or more persons forms an organization to earn profit from a business are known as partnership firms. …
Read MoreNow your form 26AS will not just have information about total income tax paid or refund received, but also about pending and completed proceedings under Income Tax Act. The Central …
Read MoreThe Ministry of Corporate Affairs (MCA) has extended the period for filing of names for companies and resubmission of forms. For names reserved for 20 days for new company incorporation, …
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