Interest u/s 234A, 234B, 234C on income tax payable Failing in discipline of filing income tax return will be liable to you file additional penalties on the amount due. However, there are many of the issues that can result in failure of tax deposits. These issues can be related to individuals or companies. For companies, […]
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.
Save tax through your family members To Save Tax through Family members we needs to invest in way that our tax burden shifts to our family members and we can take the benefit of Income Tax Slabs. Saving tax Through means not only saving in tax but also means Post Tax higher returns on your […]
PPF investment Limit and benefits under Income tax Act,1961 The Public Provident Fund is one the the best among of all tax saving investments. By Investing in it you can get a deduction on your income tax. Besides, this you can earn tax – free interest on it. Since it is a scheme run by […]
Investments qualifies u/s. 80C of income tax Act,1961 Under this section you can save Tax by investing a maximum of Rs 1.50 lakh. You can choose the various investment options or one which is suitable as per your future needs under this section of 80c of income tax act,1961.we will discuss one to one here under:-
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 to buy an house . Home loan becomes necessity to Income Tax Reliefs from […]