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).Section 234E will not apply to cases where TDS payment is made beyond the time limit prescribed for payment of TDS u/s 200(3) There are two reasons
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.
Some hidden schemes which is not popular Under Section 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% tax bracket and has exhausted the […]
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 of losss.Individuals primarily with salary income and certain […]
Investment in Residential House Property under Section 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 the investment in Residential house property because no other payments is increase […]
Tips of tax planning for Salaried Person While investing more amount for tax saving Consider the impact of inflation on your needs. After your first few working years, as income goes up, it is wise to invest beyond one’s tax saving investments to achieve your goals. Also, evaluate the life cover requirement, while planning for […]