New procedure to file TDS returns online w.ef. 01.05.16 REGISTRATION WITH E-FILING WEBSITE – FOR TDS RETURN 1. Log into ‘TRACES’ with the details of the assessee whose return is to be filed. 2. Click at ‘Register for E-filing’ option at the left corner of the ‘TRACES’ window page. 3. This will take us to […]
Category Archives: Income Tax
Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.
Analysis & Calculation of financial Ratio Analysis of financial reports requires skill of mathematics, accountancy as well as statistical tools. But there are some basic ratios which can be helpful for a layman also to analyze the Balance Sheet, Profit & Loss A/C of a company or a bank.
How to account Income Tax Provision, TDS & Advance Tax The actual taxation entries are most important things as they clears the Balance sheet picture and gives real result. Before going to understand the taxation entries, we should clear the various heads relating to Income Tax.
Basics of Section 195 of Income Tax Act, 1961 Sec 195 (1) -Scope -Deduction on the earlier of credit or payment of sumchargeable at the rates in force 195(2) – Application by payer to AO for determination of the portion of sum chargeable 195(3 & 4) – Application by payee to AO for no deduction […]
How to save Income tax for Salaried Person A Salaried person have no more option to save tax except some investment.here is the some scheme or heads in which salaried person can save tax. to Increase your tax saving