Contact Details must be updated by assessee in Income Tax E-Filing Portal Important announcement regarding updation of contact details in e-Filing Portal must be updated by an assessee – PINs Validation extended up to 24 hours – (Updated on 27.06.2014)Income-Tax Department uses the registered contact details (Mobile number & E-mail ID) for all communications related […]
How to fight with problem of restricted use of email ID on IT E-filing Website Assessee is compulsorily required to get its email ID and password registered at incometaxindia.gov.in. Further, maximum permissible usage of each of them is 4 times only. We know that most of the assessees in India do not have email ID. […]
Save taxes while applying for an education loan The admission fee for higher studies is usually not a small amount and many parents and students find it difficult to arrange for it. Thankfully education loans are available in such situations that enable students to pursue their higher studies smoothly. Additionally, one can also save on […]
Who are required to file & mode of filing of ITR-5 for AY 2014-15 1. Who can use this Return Form? ITR-5 can be used a person being a firm, LLPs, AOP, BOI, artificial juridical person referred to in section 2(31)(vii), cooperative society and local authority. However, a person who is required to file the […]
Implement Passbook scheme for TDS, Timley Income Tax Refund The insistence on manual filing of TDS certificates before AO for verification of Income Tax Refund claim should be done away with.The tax deductor’s duties and obligations in terms of making information compliance and also depositing the deducted amount is onerous and they are not compensated […]