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How to pay Tds on rent above Rs 50000 using Form 26QC and Form 16C

From June 1, 2017, An individual or HUF paying rent of more than Rs 50,000 per month is now required to deduct tax at source (TDS) @ 5% on rental payments and to deposit it within the prescribed time. This article talks in detail about TDS on rent above Rs 50000, How...

How to download Form 26AS and password to open Form 26AS

 Form 26AS, also called as Annual Statement, is a consolidated tax statement which has all tax related information (TDS, TCS, Refund etc) associated with a PAN. It is highly recommended that you verify your Form26AS before filing your income tax return of ITR. This...

Senior Citizen and Retirement, Income Tax, Form 15H,Will

Senior Citizens are a treasure to our society. They have worked hard all these years for the development of the nation as well as the community. They possess a vast experience in different walks of life. This article is a compilation of all our articles on Senior...

Difference between PAN, TAN and TIN

Every industry has its own jargon, abbreviations. In India, three numbers or abbreviations that are related to financial transactions are  PAN, TAN, and TIN.  PAN stands for Permanent Account Number, TAN stands for Tax Deduction Account Number and TIN stands for...
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