Income Tax Return Forms ITR 1, 2 and 4S Simplified for Convenience of the Tax Payers; A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income; In Form ITR 2 and …
Read More »10 points to know about filing income tax return of salaried employees
Tax filing for the financial year ending 31st March 2015 has begun. So, I thought of listing out some of the important, but unconventional points in this article. Hope this helps. Drop box – First and foremost, create an account in dropbox, google drive or similar cloud based …
Read More »Hurry – File your income tax return for the FY 2012-13 (AY 2013-14) before 31st March 2015
e-filing Team for Compliance Management Cell, Income Tax Department has started sending email reminder for those who have not filed income tax return (ITR) for the Assessment Year 2013-14 (Financial Year 2012-13) Email notice is read like this, “as per our records, it is observed that you have …
Read More »Different type of communication letters sent by Central Processing Center (CPC)
My mail box is full of communication from Income Tax department. Of course, it is my profession, so I get the mails sent by the department to our clients. Believe me, reading and understanding the ‘intimations’ is a big task. Look at the following types of letters you may get …
Read More »Have you checked your Outstanding Income Tax Demand appearing in e-Filing portal?
Recently one of my friends was shocked to see outstanding income tax demand appearing in e-Filing portal of the income tax department, though according to him, entire tax dues are paid. ‘Oh Mind, Relax please!’ is the title of a book written by Swami Sukhabodhananda. If you are an …
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