It is the first time of Income tax Act that you can Opt in Old Tax Slab and all Exemptions (Old Regime) Or New amended Tax Slab but without any exemptions ( New Regime) New Section 115BAC in the Act provide by the Budget 2020 for reduce the Tax Burden

Incentives to Individual and HUF.In line with options provided to domestic companies under the TLAA and proposed to be provided…

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Prepare One by One Preparation Automated Income Tax Form 16 Part B and Part A&B For F.Y.2019-20

The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the…

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Instant PAN through Aadhaar Card – How to apply for instant PAN?

Income Tax haslaunched the facility of issuing Instant PAN card through Aadhaar. Thisfacility is free and available on the Income…

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Relief under section 89(1) for arrears of salary With Automated Income Tax Arrears Relief Calculator U/s 89(1)

Did you receive any advance salary or arrears of salary? If yes, you might be worried about the tax implications…

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Instant PAN through Aadhaar Card – How to apply for instant PAN?

Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. Therefore, this facility is free and available…

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India Govt gives permitted for Aadhaar-Voter ID linking

Aadhaar-Voter ID linking process gets the Modi government permitted. The Union Law Ministry has given its approval for Aadhaar Card…

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New Format of Form 16 for A.Y. 2020-21 With Automatic Excel Based Income Tax Form 16 Part B and Form 16 Part A&B in Revised Format.

The CBDT or Central Board of Direct Taxes has notified a new format for Form 16. This requires the break…

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Every big transaction you make, the Income Tax Department will be watching you With Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10e from the F.Y. 2000-01 to F.Y.2019-20 (Updated Version)

HIGHLIGHTS CBDT says it will make greater use of technology, data analysis and AI to comb through large transactions The…

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Every big transaction you make, the Income Tax Department will be watching you With Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10e from the F.Y. 2000-01 to F.Y.2019-20 (Updated Version)

HIGHLIGHTS CBDT says it will make greater use of technology, data analysis and AI to comb through large transactions The…

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One can claim Tax Benefit on both HRA & Home Loan? With Automated Income Tax Preparation Excel Based Master of Form 16 Part B for F.Y. 2019-20

Would I able to guarantee Tax Benefit for both HRA and Home Loan? – An inquiry which is frequently posed…

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