• twitter-icon

Search results for: Income tax Act

Job Recruitment in IT Dept, Check Posts and Last Date

IT Dept Recruitment for Tax Assistant, Inspector & Multi-Tasking Staff

The candidates who seek interest in doing the job at the income tax department are required to fastly apply for the posts regarding income tax inspector, Tax Assistant, and Multi-Tasking Staff. The income tax department stated that the huge vacancies and have invited the best sportsperson towards the appointment for the posts in the Income […]

New Bills Passed in Gujarat Assembly

Gujarat Assembly Passes New Bills – GST Amendment & Indian Partnership Act

The two invoices from the Finance Department amending Gujarat Goods and Services Tax Act and Indian Partnership (Gujarat Amendment) Act were passed in the Gujarat Assembly on Tuesday. These Bills were inserted by freshly appointed Finance Minister Kanubhai Desai, who came up with particular rectification of the two Acts for enhancing ‘ease of doing business […]

Best Income Tax Software in India

Best 15 Income Tax Software for CA Professionals in 2024

In the current era, people need ready data to execute their chores easier and in less time. CA or tax practitioner companies need effective best income tax return software. Also, they seek effective practice management software for ease of filing compliance and laws. Work in distinct companies is executed through distinct capable software. On the […]

Claim Income Tax Benefit on HRA During WFH

How to Claim Tax Exemption on HRA When You Work from Home?

Income Tax Advantage Upon HRA for WFH Towards salaried individuals, the tax exemption upon the house rent allowance (HRA) is an essential advantage. HRA has arrived through the portion of the salary and can be claimed through the employees residing on rent. There are multiple salaried persons, specifically young ones who live far from the […]

CBDT Extends Several Deadline for Tax Compliance

New Deadline for Aadhaar-PAN & Tax Penalty, Relaxation TDS Section 194A

The central government on account to deal with the hurdles faced by the several stakeholders due to Covid – 19 pandemic, has taken into contemplation received by multiple stakeholders has concluded to prolong the timelines for compliances under the Income-tax Act, 1961 ( (hereinafter introduced to as “the Act”) in the following cases, as under […]

How to Save Income Tax on Salary Above 20 Lakhs?

Zero Tax on Salary Income INR 20+ Lakhs? Legal Way Here…

The income tax provision applies to all the individuals who have been eligible for the income tax bracket as decided by the government of India. The income tax slab starts from INR 5 lakh for individuals having income yearly. There are also certain provisions and deductions which can be done to save the taxes on […]

Revised IT Rules for Faceless Tax Assessment

Income Tax New Rule for Faceless Tax Assessment Proceedings

Towards the assessee, the Central Board of Direct Taxes (CBDT) simplified the method of authentication of the electronic records in proceedings of faceless tax assessment. The central government had revised the income tax rules 1962 to furnish the records submitted via the account of the assessee in the income tax departments portal should be considered […]

New Boards for Advance Rulings

CBDT Setup 3 New BAR for Easy Solution in Income Tax Disputes

The Central Board of Direct Taxes has locked up 3 Boards for Advance Rulings (BAR) to provide transparency on tax implications of transactions and to assist in preventing income tax controversies. An order from CBDT mentioned that the provisions to replace the authority for advance rulings (AAR), set up in 1993, with BAR w.e.f.1st September. […]

New IT Rules for PF Savings

Latest Income Tax Rules for Employee Provident Fund Savings

The Finance Ministry of India has recently announced the latest set of rules notified under the income tax act for the provident fund (PF) savings. The 2021-22 budget speech of Finance Minister Nirmala Sitharaman mentioned that the income on contribution towards PF would be taxed for above INR 2.5 lakh but further it was extended […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Super Tax Offer

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Genius Software