Month: February 2014

Investments qualifies u/s. 80C of income tax Act,1961

Under this section you can save upto Rs.30000/- by investing a maximum of Rs l lakh.You can choose the various investment options or one which is suitable as per your future needs under this section

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Income Tax Reliefs from House Property

It is very difficult to buy the house from our own saving without obtaining a home loan.as a hikes in property price in last Many Years. It becomes almost impossible for middle and lower class

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Section 234E of Income Tax Act, 1961

This month we received lot of demands from CPC seeking demand for non remittance of 234E FEES (not Tax).234E will not apply to cases where TDS payment is made beyond the time limit prescribed for

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Some hidden schemes which is not popular u/s. 80C of Income Tax Act

Section 80C of Income tax popularly known to the person who comes in tax brackets either 10%,20% or 30% but only two three schems they are popularly known If an individual falls in the 30%

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File your Return in time if not yet?File it now

If you did not file your taxable tax return or loss return till now file it,because the financial implication may imposed on you ,it may be impact on your financials like penalty,interest and carry forward

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Investment in Residential House Property under 80C

Tax saving through investing in house property is a best way where we can save tax by build wealth also .According to me under section 80 C no other elements is not so good as

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