Guidelines for Income Tax Efiling : As given u/s 139(1) of the Income Tax Act, 1961 all those individuals whose total income in the previous year exceeds the maximum amount of limit not chargeable to tax, then they should file their income tax return also known as ITR for that previous year in the current year. […]
For all employees holding Provident Fund accounts, here is some fantastic news. There is no longer any need for undergoing the twisted manual procedure for operating your PF account. Employees’ Provident Fund Organization of India or EPFO has launched online facilities to enable account holders gather information about their updated accounts. Using this one can […]
Form 26AS is a consolidated tax statement issued under Rule 31AB of Income Tax Rules to facilitate a PAN holder to view its Tax Credit Statement (Form 26AS) online. 26AS statement is provided by the income tax department to all the tax payers as the proof of tax credit statement. If you have paid advance […]
Most people do not know the benefits of a health insurance policy till they are in situations where they require it. You eventually take decision to get health insurance. But you don’t know which one to get. Here are a few tips for you: 1. Choose the insurance company smartly: Usually, companies that provide health […]
Form 15G/H is a type of declaration to be filed by an individual/a person not being a company or the firm in order to receive certain payments like dividends, interest on securities, interest other than interest on securities, national saving schemes, and interest on units without deduction of tax at source (TDS). Generally Banker’s advice […]
On receipt of ITR – V you need to sign the copy and send it by normal / speed post to the income tax department at: “Income Tax Department – CPC, Post Bag No – 1, Electronic City Post Office, Bangalore – 560100, Karnataka.” ITR V is to be submitted within 120 days of e-filling of your return.