Chapter VIA Deductions, Deductions under Section 80C to 80U
Chapter VIA Deductions at a Glance, List of all Income Tax deductions from u/s 80C to 80U. Chapter VIA List of All Deductions at a
Tax In India
Income from House Property – Taxation and Deductions
Income from House Property at a glance: How To Compute “Income From House Property” Basis of Charge [Section 22], When property income is not chargeable to tax?,
Depreciation Rate Chart as Per Income Tax (For AY 2020-21)
Depreciation rates as per the Income Tax Act (For F.Y 2019-20 & AY 2020-21). Depreciation Rate Chart As Per Income Tax Act. Download Depreciation Rate Chart
Assessment Year (AY) & Previous Year (PY) – Meaning, Difference
Assessment Year (AY) & Previous Year. What is Assessment Year (AY) and What is Previous Year (PY). Meaning of ‘Assessment Year’ & ‘Previous Year’ under Income Tax.
Section 194J TDS on Professional or Technical Service – all details
Section 194J – TDS on Professional or Technical Service, This article is all about the Tax to be deducted under section 194J for the Professional
Commission payable to foreign agents – Taxability ?
Commission payable to foreign agents: Here we are providing complete details about Commission payable to foreign agents is Taxable or Not Taxable. In this article
Exemptions available under Sec. 80C for Stamp Duty Paid
Exemptions are available under Sec. 80C for Stamp Duty Paid. This article is about the exemption available to the stamp duty paid for the house
Mediclaim Policy, Section 80D Deductions for FY 2019-20 & AY 2020-21
Know About Mediclaim Policy & Deduction Under Section 80D. Section 80D provides deduction to an individual or a Hindu undivided family towards medical insurance premium
Loans and deposits u/s 269SS and Section 269T – Detailed Guide
Loans and deposits u/s 269SS and Section 269T. There are many provisions in the income tax act to curb tax evasion and flow of black
Section 194C TDS on Contracts : Rates, Who is required to deduct?
TDS on payment to contractors Under Section 194C: Any person responsible for paying to any of the contractor for carrying out any work (including supply
Double Taxation Avoidance Agreements – Complete Details
Double Taxation Avoidance Agreements. What is Double Taxation Avoidance Agreement (DTAA). Find Complete Details for Double Taxation Avoidance Agreement like – What is DTAA, Benefits of DTAA, How
Section 43B Deductions Based Actual Payments – Detailed
Section 43B Deductions Based Actual Payments, As per section 43B of income tax there are certain expenses which can not be claimed as deduction unless they
Section 194J – TDS on Professional Services or Technical services
Section 194J – TDS on Professional Services or Technical services. TDS is required to be deducted by the service receiver to the service provider under
Sugam ITR 4S 2020-21: Applicability, How to File Online, FAQ
ITR 4S Sugum Form is the return form for those taxpayers who has opted for presumptive taxation income scheme as per section 44AD, Section 44ADA
ITR-1 SAHAJ: Eligibility, Penalty, How to File Online Return
ITR-1 SAHAJ is a return form of income tax return for filling the compliances with the Income tax department in case of income from Salary,
What is rebate under section 87A and who can claim it?
What is rebate under section 87A and who can claim it?. An individual who is resident in India and whose total income does not exceed
Research & Development Cess – A beginners guide with all details
Government has enacted the Research and Development Cess Act of 1986 to provide for levy and collection of a cess on all payments made for
Why should I pay tax? Know Various Reasons for why we pay income tax
Why should I pay tax? Know Various Reasons. The citizens of India are required to pay Income tax as well as other taxes as per law.
Form 26AS 2020: The Annual Tax Statement OR Tax Passbook
Form 26AS also known as Annual Tax Statement under section 203AA OF Income-tax Act, 1961 provides details of Tax deducted at source, Tax Collected at
TCS Provisions on Sale of Goods U/S 206C(1H) of IT Act 1961
From October 1, 2020, our Government has introduced a new provision for collecting TCS for the sale of goods and depositing the same to the
No TDS on Post Office Recurring Deposit – Check Complete Details
Don’t worry – No TDS on Post Office Recurring Deposit Scheme, No TDS on Post office RD’s, Earlier TDS was not deductible on Recurring Deposits.
Procedure For E-Filling of Tax Audit Report – Detailed Process
Procedure For E-Filling Of Tax Audit Report. Details for E-Filing of Tax Audit Report From Below. We are Providing Full Procedure For E-Filing of Tax
Form 12BB of Income Tax – Objective of Form 12BB, Areas of Form 12BB
Form 12BB of Income Tax: Central board of direct taxation (CBDT) has recently issued a new form called “Form – 12 BB”. The purpose of this
TAN Registration, Online Application, Documents, How to apply?
TAN Registration: TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who
Section 44 ADA – Presumptive Tax Scheme for Professionals
Section 44 ADA: Presumptive Tax Scheme for Professionals. Difference Between Section 44AD & 44ADA, Presumptive Income Computation System for Professionals. In this article we provide complete details
Frequently Asked Questions While Filing ITR Form 1 SAHAJ
Instructions for Filing ITR 1 SAHAJ For AY 2020-21. These instructions are guidelines for filling the particulars in this Return Form. In case of any
incometaxindiaefiling – How to Reset Login Password for E-Filing
incometaxindiaefiling – How to Reset Login Password for E-Filing: CBDT Notified income tax return forms for AY 2017-18 and Lot of taxpayers start filing income
Deduction from taxable income in respect of certain payments
Deduction from taxable income in respect of certain payments, Check List of various dedications available in respect of certain payment. Here we are providing full
Section 44AD: Income of Business 8% – Latest Updates
Section 44AD: Income of Business 8% as per The Income Tax Act, 1961. Find Complete for Section 44AD. In this article you can find complete
incometaxefiling – E-File Income Tax Return Online 2020-21, Online ITR
incometaxefiling: ITR Filing for AY 2020-21 is started from April 2020, here we provide complete guidance for E-File Income Tax Return Online 2020-21. incometaxindiaefiling.gov.in is