Incometax

Tax Implication of receiving Gifts We know that gifts received from relatives are tax-exempt. But what is not widely known, […]

Income Tax – Basics in Common Language 1. What is Income Tax?It is a tax imposed by the Government of

Format of Submission of  savings proof for tax calculation purposesDateTo, The Account ManagerABC  Private LimitedMumbai , Subject: -Submission of proof of

How Get Form-26AS in Excel Login  https://incometaxindiaefiling.gov.in Click View Form 26AS (Tax Credit) under left side bar ”Quick Link”You will be

How to use pre-filled Income Tax Returns Forms- To simplify the procedure of e-filing tax returns, department has come up

Income Tax Act 1961 Section wise details  Here is a way to easily remember AS  this will be useful to

The due date for filing personal tax returns for the financial year 2013-14 is July 31. Taxpayers need to be

Expenses allowed as deduction Head as per income tax section                    

Section 194IA of Income tax Act 1961    At the time of credit of such sum to the account of

PAN contains ten alphanumeric characters. A typical PAN is e.g. AKKPK8264K, where the first three characters i.e. “AKK” in the