Simplest way of Income Tax efiling online | File IT Return Online : Filing Income Tax returns on time is quite important for each and every person who earns more than Rs 5 lakhs as their annual income. Usually, the tax payers need to file their income tax returns online in the month of August every year. […]
New Income Tax Rules To Keep Track Of Unaccounted Cash After demonetisation, lots of unaccounted money has been transferred to bank accounts and post offices. To put a halt to it, Central Board of Direct Taxes (CBDT) has come up with some income tax rules. Under Rule 114E of the Income-tax Rules, 1962, specified persons […]
Learn about Five Income Tax Notices from IT Department After filing the income tax returns or before filing the IT returns, the taxpayers receive some notices from the Income Tax department. There is a total of 5 types of notices that usually I-T department sends to the taxpayer. If you are unaware of the purpose […]
How to Pay Zero Tax for Income up to Rs 12 Lakhs and Get Tax free for Financial Year 2016-17 The budget has been issued and there have been no notable changes made in terms of tax rates for individuals. Individuals who make an income of cash than 5 lakhs will be eligible for a […]
The Cash Deposit Limits in accordance with the new policy- On November 8th, 2016, a vicious decision was made for the brutally corrupted people and that was to ban Rs. 500 and Rs. 1000 notes as a legal tender in India, after the decision came under implementation there is going huge crisis found in the […]
How To Register On The Income Tax Department Website? Every tax payer need to complete the registration process in order to access the e-Filing website. eFile or electronic filing is a system for submitting tax information to the IRS through the internet or a direct connection. It does not include submission of any paperwork. If […]