TAXAJ

Blog categorized as Income Tax

File Income Tax Return Online India
Filing your income tax returns online has never been easier. Now, you can file your returns online without visiting an office or paying any fees.
30 Sep 2022 9:43:42 - Comment(s)
The e-filing users require a Digital Signature Certificate (DSC) to sign the income tax returns, forms and other places where authentication of the user on the electronic document is required.
27 Dec 2021 14:06:20 - Comment(s)
how to upload itr on income tax portal
27 Dec 2021 14:02:51 - Comment(s)
Steps to File Form 10IE
Click on the following link to access Income Tax Login Account: https://eportal.incometax.gov.in/iec/foservices/#/login and enter your User Id (PAN) and click on ‘Continue’
10 Dec 2021 13:25:03 - Comment(s)
DTAA between India & USA
Double Tax Avoidance Agreement (DTAA) is a treaty that is signed by two countries.
26 Nov 2021 15:16:28 - Comment(s)
Cost Inflation Index as per Income Tax Act
Prices of goods increase over time, resulting in a fall in the purchasing power (quantity of goods that one unit of money can buy) of money.
26 Aug 2021 15:22:38 - Comment(s)
Sections 206AB and 206CCA & 194Q of Income Tax
Everything you need to know about Sections 206AB and 206CCA & 194Q of Income Tax Act
22 Jun 2021 12:30:02 - Comment(s)
Why should we file ITR ?
"Even if the income is below the basic exemption limit, the person would be required to file ITR in India if, he holds any asset outside India or has any financial interest in any entity outside India
09 May 2021 16:55:01 - Comment(s)
Section 80EE- Analysis of the Forgotten One
Section 80EE allows income tax benefits on the interest portion of the residential house property loan availed from any financial institution. You can claim a deduction of up to benefits on the interest portion of the residential house property loan availed from any financial institution.
17 Sep 2020 15:43:04 - Comment(s)
File Income Tax Return with DSC
A digital signature is an electronic form of a signature that can be used to authenticate the signatory of a document. It is used to sign the documents digitally and to authenticate the electronic documents.
04 Aug 2020 19:10:53 - Comment(s)
How to Upload Audit Report at Income Tax E-filing Portal
As we all know, from assessment year 2013-2014 onwards, tax audit report as required under section 44AB is required to be filled electronically.
01 Aug 2020 14:50:24 - Comment(s)
Income tax return forms for FY 2020-21 notified
Taxpayers including individuals, Hindu undivided family, professionals and businesses, will be able to avail benefits of savings or investments made between April 1 and June 30, following the extension timelines provided by the finance ministry owing to COVID-19 pandemic.
01 Jun 2020 19:43:16 - Comment(s)
Depreciation Rate as per Income Tax Act
Depreciation under the Income Tax Act is a deduction allowed for the decline in the real value of a tangible or intangible asset used by a taxpayer. The Income Tax Department uses the concept of depreciation for the purpose of writing off the cost of an asset over its useful life.
24 May 2020 10:41:17 - Comment(s)
Income Tax Saving Options
Income Tax Saving Options
24 Apr 2020 11:06:15 - Comment(s)
Why It's Beneficial to File Your Taxes ?
Individuals whose annual income is in excess of the basic exemption limit of Rs 2.5 lakh must mandatorily file their income tax returns. Even when there is no tax liability, an income tax return (ITR) must be filed if the total income exceeds the above-mentioned threshold.
24 Apr 2020 10:39:30 - Comment(s)
New Income Tax Slab Rates
New income tax slab rates: The income tax department has come up with clarifications for those who want to opt for new tax slabs. The lower income tax rates, as announced in Budget 2020, came into effect from April 1, 2020.
20 Apr 2020 9:48:31 - Comment(s)
Income Tax Deductions under Sec 80CCD(1B)
Income Tax Deductions under Sec 80 CCD(1B), Payment of income tax is essential for every citizen of India who has an income tax liability, as per the rules and regulations of the Income Tax Act 1961
20 Apr 2020 9:34:19 - Comment(s)
ITR under Risk Management Process for Refunds
ITR selected under Risk Management Process for pending Tax Refunds, Income Tax Department under its reminder campaign, sent email to around 1.74 Lakhs Taxpayers on 14/04/2020 with the Subject line regarding “Claim of Refund in your Income Tax Return for AY <Assessment Year> – <PAN> “.
19 Apr 2020 9:10:32 - Comment(s)
Income Tax Slabs 2020 & Tax Rates in India for FY 2020-21
Income Tax Slabs 2020 & Tax Rates in India for FY 2020-21 – Budget 2020 Revised IT Slabs (AY 2021-22)
12 Apr 2020 4:02:07 - Comment(s)
Income Tax Department Portal Login & Registration Guide
Income Tax Department Portal Login & Registration Guide, On the homepage of the government portal, click on ‘Register Yourself’ on the right hand side of the page.
12 Apr 2020 2:16:03 - Comment(s)