Mistakes while filing ITR
What do you mean by income tax? Income tax is a tax levied and collected by the Central Government on income of a person which is calculated at specified rates on …
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Guidelines for ITR-3 Filing
Who can file ITR-3? Eligibility for ITR-3 Filing: An individual or a Hindu undivided Family carrying out a proprietary business or profession.
Read MoreGuidelines for ITR-2 Filing
Eligibility for ITR-2 Filing? -Individual or Hindu Undivided Family. -Not eligible for ITR-1. -Having Income under the head “Profits or gains of business.
Read MoreGuidelines for filing ITR-1 form
Who can file ITR-1? ITR-1 is applicable to individuals whose total income includes: Income from Salary or Pension. Income from one House Property. Income from other sources excluding winning lottery …
Read MoreImportant Income Tax changes in Budget 2018
Feb 1, 2018, was the important day for every Indian taxpayer as our Hon’ble Finance Minister announced the budget 2018 and proposed many changes in personal finance. If you pay …
Read MoreIncome Tax Deduction
There is a number of Income Tax Deduction available under Section 80 which taxpayers can consider to save their taxes and plan their finances better for future. Taxpayers can claim …
Read MoreIncome Tax Notices and Intimations
If you have not filed your income tax returns this year then there is a chance that you will be served income tax notice by the Income Tax Department. It …
Read MoreUnderstand Defective Return Notice under Section 139 (9)
If you get the Notice under Section 139 (9) then it is about Defective Return Notice. You can get this Income Tax Notice under Section 139 (9) due to various …
Read MoreIncome Tax Notice and Sections
There are some sections of the Income Tax Act under which you can get the income tax notice. No need to panic if you receive the income tax notice instead …
Read MoreIncome Tax Notice-Understand Section 143
As we all know that it is very important to file your income tax returns on time but filing ITR correctly is also very important. If there will be any …
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