Income Tax

  • Income Tax

Income Tax Surcharge Rate & Marginal Relief

Are you in one of the higher income tax brackets, such as the 30 percent top rate? – If you…

2 years ago
  • Uncategorized

Types of Assessment Under Income Tax Act

To provide the complete details of income for the relevant financial year, all assessee must file income tax returns with…

2 years ago
  • Income Tax

Section 16- Standard Deduction, Entertainment Allowance and Professional Tax

Section 16 of Income Tax Act, 1961 Section 16 of the Income Tax Act of 1961 allows for a deduction…

2 years ago
  • Income Tax

What to do if the income tax refund is delayed?

It is firmly prompted that you document your annual assessment forms quickly. This is on the grounds that the sooner…

2 years ago
  • General

Claiming Relief under Section 89(1) on Salary Arrears

Introduction  India has always been a country with an income tax system that is progressive in nature. India follows the…

2 years ago
  • Income Tax

Charitable Trusts and NGO – Income Tax Benefits

Did you know that doing good deeds and being kind can help you save money on taxes? The Indian Income…

2 years ago