How to save Income-Tax under 80GG?

By |2019-04-02T05:15:46+00:00March 27th, 2019|Categories: Deductions, ITR Filing, Save Income Tax|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Section 80GG of the Income Tax Act allows claiming of the tax deduction for the house rent paid for accommodation. Not all salaried people are able to stay in their own place. Either due to work being located in distant locations, affordability, or many other problems, personal or otherwise. To ease up their problems, the Government [...]

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Breaking News: Income Tax Return and Audit Report Due Dates Extended Central Board of Direct Taxes (CBDT) has extended the due date for Income tax Returns and Audit Reports to...

By |2019-02-02T08:44:18+00:00September 24th, 2018|Categories: IT Notices|Tags: , , , , |

Today, on the 24th of September The Central Board of Direct Taxation (CBDT) released in which Income Tax Return and Audit Report due dates extended to 15th October from 30th of September. This due date was pushed forward in lieu of a request made by various stakeholders across many organizations. However, the due date for purpose [...]

Income Tax Return Guide

By |2020-03-16T10:30:42+00:00June 27th, 2017|Categories: ITR Filing|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Introduction An Income Tax Return (ITR) is a tax form that is used in order to file the income details and tax thereon with the Income Tax Department. The tax return is in a predefined format where the income figures are used to calculate the tax liability. Tax returns are required to be filed every year [...]