Useful Tax-Saving Tips for Financial Year 2020-21 as per New and Old Tax Regime U/s 115 BAC

Saving tax is always at the forefront of each taxpayer’s mind. That is the reason individuals take a gander at legal avenues to bring down their tax liability. Thanks to … Read More

Download Automated Income Tax Arrears Relief Calculator U/s 89(1) With Form 10E From the F.Y.2000-01 to F.Y. 2019-20 (Updated Version)

As per section 89(1) of the Income Tax Act, 1961 relief for income tax has been provided when in a financial year an employee receives a salary in arrears or … Read More

INCOME TAX DEDUCTIONS U/s 80C FOR F.Y 2019-20 & A.Y 2020-21,WITH AUTOMATED INCOME TAX ARREARS RELIEF CALCULATOR U/S 89(1) WITH FORM 10E FOR F.Y. 2019-20

The maximum tax exemption limit under Section 80C has been retained at Rs 1.5 Lakh only. The various investment avenues or expenses that can be claimed as tax deductions under … Read More

Claiming tax relief on salary arrears? Don’t forget to file Form 10E With Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10e from the F.Y. 2000-01 to F.Y.2019-20 ( Updated Version)

Under the Income Tax Act, 1961, income is chargeable to tax under five heads, one of the major heads being income under the head ‘salary’. Your tax return with respect … Read More

Claiming tax relief on salary arrears? Don’t forget to file Form 10E With Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10e from the F.Y. 2000-01 to F.Y.2019-20 ( Updated Version)

Under the Income Tax Act, 1961, income is chargeable to tax under five heads, one of the major heads being income under the head ‘salary’. Your tax return with respect … Read More

Download Arrears Relief Calculator U/s 89(1) with Form 10E for F.Y. 2019-20 With Income Tax Rules for FY 2019-20: Impact on your Financial Planning

In the Interim Budget presented on 1st February 2019, the Indian government has announced changes in the income tax rules for the financial year 2019-2020. These tax deduction rules are effective from … Read More

Section 80EEA – Income Tax Deduction on Home Loan Interest With Automated Income Tax All in One TDS on Salary for Govt & Non-Govt employees for F.Y. 2019-20 with All amended Tax Section

In Budget 2019-20, new duty derivation advantages up to 1.5 Lakh is reported by the legislature. This new expense finding advantage is relevant under new Section 80EEA for the home … Read More