Understanding Form 10IEA Applicability
What is Form 10IEA?
Form 10IEA is a declaration form used under the Indian Income Tax Act to switch between the old and new tax regi...
Posts by consultwithbatuk
How to Compute Income tax liability while filing tax Return ?
1. Income from Salaries
Income from salary
xxxx
Add: Taxable allowances
xxxx
Add: Taxable perquisites
xxxx
...
Whether My Every Income will be taxable under Income tax Act ?
For getting the better understanding about the Applicability of Income tax first we need to understand the Basics of Income:
Income In...
53RD GST COUNCIL MEET – SIMPLIFIED EXPLANATION
GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not in...
Have you Sold your Residential Property, Wants to know various things to save the Tax ?
As a residential property is the prime asset of most individuals living in India, taxes paid on its capital gains can be heavy and disc...
IMPORTANT POINTS FOR ITR FILLING
PY 2023-24 (AY 2024-25), NEW TAX REGIME IS DEFAULT TAX REGIME.
DUE DATE OF ITR FILLING WILL BE 31ST JULY, 2024.
IF YOU WANT TO OP...
Your Guide to Understanding Form 16
Ever wondered where all the tax information goes from your salary slip? Enter Form 16, your one-stop certificate that bridges the gap b...
Let’s File your Income tax Return by Your self with our complete guide on ITR Filing for Salaried Employees
Documents Required for filing the Return :
26AS - Is similar to your bank passbook. It contains all details with respect to the t...
Did you Know the Importance of Form No. 16B from Trade & Industry Perspective ?
What is Form 16B?
Form 16B is a vital document in the Indian income tax system. It serves as a certificate that a deductor issue to ...
Are you Filing the Correct ITR
Let’s understand the various Types of ITR :
ITR-1 (SAHAJ):
This form is most likely the one you would be filing your tax retur...
