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 […]
Importers issuing Cenvatable invoices require registration under Central Excise Rule 9 of the Central Excise Rules, 2002 (the Excise Rules) provides the list of persons who are required to obtain registration under the Central Excise Act, 1944 (the Excise Act). Notification No. 17/ 2013-Central Excise (N.T.) dated December 31, 2013 (Notification No. 17) has proposed […]
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