There is no change in income tax slabs for the Financial Year 2022-23; Assessment year 2023-2034. Income Tax is charged on the persons as per the income(s) earned by them …
Know about the income tax slabs FY 2022-23 | FY 2021-22 Read More »
Clubbing of income, as the name suggests is the income of one person is clubbed with the income of the another person. Many of the persons think that if they …
It is a settled law that every person who has earned income above the basic exemption limit has to file Income Tax Return during each financial year. Further, these ITRs …
Know Penalty for Late filing of ITR (Section 234F) Read More »
As per the Income Tax laws, any individual whose primary source of income is salary has to file Income Tax Return-1 or ITR-1 form, commonly known as SAHAJ form.
The month of March is the last month of the financial year. To give taxpayers one last time opportunity, various departments have also extended the due dates and the last …
Important Due Dates for Various Compliances in March, 2021 Read More »
Clubbing of income, as the name suggests is the income of one person is clubbed with the income of the another person. Many of the persons think that if they …
The transactions done by the individuals in higher denominations is tracked closely by the Income Tax Department. As a matter of legal obligation provided through Income Tax Act, 1961 – …
High End Value Transactions Tracked by Income Tax Department Read More »
The Income Tax Return extended due dates are due to the pandemic COVID-19. Having stating that, the Central Board of Direct Taxes has extended the due date for the third …
Income Tax Return Extended Dates for Assessment year 2020-2021 Read More »
The budget of Financial Year 2020-2021 was presented on 1st February, 2020 by our Finance Minister, Ms. Nirmala Sitharaman and it came effective from 1st April, 2020. According to the …
income tax slabs for the financial year 2020-2021 Read More »
For ascertaining income tax, as a matter of first importance, actual yearly taxable income is determined and taxed as per Income Tax Slabs. GET LEGAL ASSISTANCE TODAY Income Tax Slab …