Provisions for Deciding factors of residential status and taxability For determining the taxability of the income residential status must be seen first. because the taxability of income depends upon the residential status of person. Following is the situations when the taxability of income depends on the status of person First:- what is the residential status […]

Compulsory scrutiny conditions of Income Tax Returns As Soon as we filed a Income Tax Return to the income tax authorities under section 139 of IT Act,1961 it has to be assessed  as correct .The assessment includes verification and scrutiny of income declared by us.but this process not done by income tax authorities in all […]

Tips for Filing Income Tax Returns Easily Income Tax Returns is one of the document which should be filed by the person with due attention . It should be error less,signed and verified by the person authorized to do so under the provisions of the Income-tax Act. The following are the important points.