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 […]
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
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 […]