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Union Budget 2022-23, Tax Slabs
The Union Budget for the financial year 2021-22 was introduced by the Finance Minister of India, Smt. Nirmala Sitharaman on…
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Income Tax Annual Information Statement (AIS), TIS, How to use it to File ITR
Income Tax Department has rolled out the new Annual Information Statement or AIS which provides one’s comprehensive view of information…
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How to Show Capital Gain on Shares and Equity Mutual Funds in ITR
When one sells Shares and/or Equity Mutual Funds one has Capital Gain on the sale of Equity. You cannot file…
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How to File ITR for AY 2022-2023 or FY 2021-22
How to File ITR for AY 2022-23 or FY 2021-2022? This year again you need to choose Old or New…
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Difference between Assessment Year and Financial Year, Previous Year,Fiscal Year in World
If you pay Income tax and file ITR then you should know the difference between the financial year and the…
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Be Aware of Income Tax Workbook: A Practical Approach
If you have income there is a tax and you may be required to file Income Tax Return(ITR). To understand…
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Income Tax for AY 2020-21 or FY 2019-20
The income tax rules for FY 2019-2020 or AY 2020-21 was based on two budgets. All ITR forms for FY…
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Your Money book: Details of your financial Life
Where is all the information related to your financial life? Your policy details, FD, mutual funds, etc Is it stored…
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TDS Rates for FY 2020-21 on Income, Fixed Deposit, Mutual Funds etc
TDS stands for tax deducted at source. Prescribed persons(Employers, Seller of Property, one who hires contractor), are required to deduct…
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Efiling Lite Website of Income Tax:How it compares with Actual
On 1 Aug 2019, The Income Tax department launched a new lighter version of its e-filing website, called eFiling-Lite, focused…
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CBDT FAQ on filling ITR forms for the Assessment Year 2019-20
On 8 Aug 2019, CBDT has issued Circular No. 18/2019 to address various queries that have been raised by many…
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