Recent Posts
tax india
Return To Blog Listing
This Blog relates to taxation law applicable in india. You can download various income tax forms, income tax calculators india from here. Check PAN card status from here. Download PAN card application forms here.
Recent Posts Tagged With 'income tax'
All About of Form 15G and Form 15H
Form 15G and Form 15H are used for averting the TDS deduction on interest earned during the financial year on fixed deposits in Banks. There are lots of hesitations in the minds of my subscribers about these forms. They usually enquire about these q...
Simplified the provisions of interest payable by the assessee on default of payment of income tax u/s 234A
For defaults in furnishing return of income (Sec.234A) Rate of Interest – 1% per month or part of month (Simple Interest) Period for which interest is payable – Commencing on the date immediately following the due date for filing the return of in...
How to Deal TDS Provisions When Salary Receive from More than One Employer ?
Where during the financial year, an assessee: (a) Is employed simultaneously under more than one employer, or (b) Has changed the employment during the previous year, He may furnish to the employer of his choise or the subsequent employer (...
Surcharge, Education Cess, SHEC for A.Y. 2010-2011
There has been major changes with regard to surcharge, education cess, SHEC, after approval of the finance (No. 2) ACT, 2009. I have received so many queries about surcharge and education cess rates and applicability for A.Y. 2010-2011. I classified ...
What is meant by Revised Return? When can a Revised Return be filed?
Revised return means that you can re-file your income tax return with some modification. If a person has already submitted his return of income and subsequently he discovers any omission or wrong statement therein, he may furnish a revised return for...
Cost Inflation Index for the Financial Year 2009-2010
NOTIFICATION NO. 67/2009, Dated: September 9, 2009 (Cost Inflation Index for Financial Year (F.Y) 2009-2010) In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Gov...
Deduction u/s 80C, 80CCC, 80CCD, 80CCE, 80D, 80DD, 80DDB, 80E, 80G etc.
The following Table all about deduction from income under all section 80A/AB/AC, 80c,80CCC, 80CCD, 80CCE, 80D,80DD, 80DDB, 80E, 80G, 80GG, 80GGA, 80GGB, 80GGC, 80-IA, 80IAB,80IB, 80IC, 80ID, 80IE, 80JJA, 80JJAA, 80LA, 80P, 80QQB, 80RRB, 80U. One can ...
How to Know Status of Receipt of ITR V ?
As you all know you have to furnish ITR-V form within the next 30 days to the Central processing cell at Bangalore if you filed income tax return electronically without digital signature. ITR -V should only be send through Ordinary Post only. Speed p...
Income Tax Guidance of India for dummies | Especially for foreigners comes to India
Income Tax Guidance of India for dummies | Especially for foreigners comes to India. The guidance provides by pkf.com, they have all country taxation guidance so if you excited to know about taxation law of any country. See : pkf.com India Tax G...
Extension of Time Limit For Filing ITR-V Form
The Central Board of Direct Taxes had, vide circular No.3/2009 dated 21.05.2009, allowed assessees who file their income tax returns in electronic form without digital signature to submit their verified ITR-V form, within a period of 30 days, thereaf...
What is EEE or EET or ETT in Terms of Taxation?
What do the three characters meanings? I understand these words are very untidy to you but comprise so much significance in the taxation world. So let’s try to understand these expressions. “E” means Exempt “T” means Taxable. “T...
New Tax Code : 10% Tax upto Rs. 10 Lakh Income
A major relief to tax payer when the government on Wednesday introduced a new direct tax code that seeks to simplify the tax regime in India replacing the Income Tax Act 1961. According to new tax code / new direct tax code 10% tax up to Rs. 10 Lakh ...
New Income Tax Slab under New Direct Tax Code 2009
Finance Minister on Wednesday commenced essential tax reforms through a draft code that intends at toning down income tax rates. So I am giving New Income Tax slab under New Direct Tax code 2009. However, it is proposed right now, and if it gets appr...
Gift From Close Relative Not Taxable
I Wish to give a gift/loan of Rs. 2 Lakh to my mother who is in India. If I transfer this amount from my NRE A/c to her saving account in India - Will she be taxed ?A.Gift amounts received from any close relative are not taxable in the hand of either...
Download ITR1 ITR2 ITR3 ITR4 ITR5 ITR6 ITR7 ITR8 | New Income Tax Forms A.Y. 2009-10
Download All Income Tax form | ITR1, ITR2, ITR3, ITR4, ITR5, ITR6, ITR7, ITR8, ITRV for A.Y. 2009-10. These forms has already notified by CBDT via vide notification No.32/2009 dt.27th March, 2009.These form are not available yet on official website o...
New ITR | Income Tax Return Forms are Notified for A.Y.2009-10
The CBDT has notified new Income Tax Forms for F.Y. 2008-09 | A.Y. 2009-10. via vide notification No. 32/2009 (Income-tax 9th Amendments) Rules, 2009.New ITR Forms Form ITR 1, Form ITR 2, Form ITR 3, From ITR 4, Form ITR 5, Form ITR 6, Form ITR 7, Fo...
How to fill Income Tax Return Form 1 (ITR1)
You can fill income tax return form ITR1 easily by following the guidance given in videos. There are two parts. Therefore, let's grabbed your form and pen. For whom ITR1 is applicable. How to fill Income Tax Return Form 1 (ITR1) - Part 1 How t...
Can I claim deduction u/s 80C for LIC premium paid by me for my wife and childern?
Advance Tax Payment Calculator
Form 26AS Annual Statement u/s 203AA
Tax evasion cases grow in first half of FY09
