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Income Tax Return

Oct 31, 2014 at 17:37 | Source: Moneycontrol.com
Interest can be paid out or accumulated to be paid at maturity. The reinvestment of interest into the account also earns interest. Tax is deductible at source on interest paid on SCSS deposits, if the amount of interest exceeds Rs 5000.
Oct 31, 2014 at 17:21 | Source: Moneycontrol.com
Presently the Section 80 C allows you an overall deduction upto Rs. 1.5 Lakhs for repayment of housing loan including any amount paid for registration and stamp-duty of a residential house.
Oct 30, 2014 at 10:08 | Source: Moneycontrol.com
Mutual Funds across categories advanced as the market saw a stellar ending as investors eye outcome of Federal Reserve meeting and its stance on interest rates.
Oct 29, 2014 at 13:49 | Source: Moneycontrol.com
Though the PSU met street expectations with second quarter profit rising 16 percent year-on-year to Rs 291 crore supported by other income and tax writeback but the asset quality of the bank weakened and provisions increased further during the quarter.
Oct 29, 2014 at 10:22 | Source: Moneycontrol.com
SBI Mutual Fund launches SBI Long Term Advantage Fund - Series I, a 10 year close ended equity linked savings scheme with the objective to generate capital appreciation over a period of ten years by investing predominantly in equity and equity related instruments of companies along with income tax benefit.
Oct 28, 2014 at 16:39 | Source: Firstpost.com
The question to ask is this: if the government has already managed to get dues paid through backroom deals with some (or many) of the HSBC account-holders in Swiss banks, why are we surprised that the names are not coming out?
Oct 28, 2014 at 14:55 | Source: Moneycontrol.com
Consolidated net profit of the drug maker jumped 55 percent year-on-year to Rs 630 crore during the quarter led by growth in formulations, US and domestic businesses, and also due to higher other income and lower tax cost.
Oct 28, 2014 at 10:18 | Source: Moneycontrol.com
Equity Mutual Funds closed with mixed returns on Monday as market closed lower on profit booking.
Oct 27, 2014 at 15:29 | Source: Moneycontrol.com
Section 80E allows the entire interest paid on education loan as deduction from the assessment year relevant to the previous year in which the assessee begins paying interest and seven subsequent years.
Oct 27, 2014 at 13:53 | Source: PTI
"We wish to state that this account was opened when he (Pradip) was an NRI, and was legally allowed to open this account," a Dabur spokesperson said in a statement.
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Tax Planning & Help  

Source:VC Circle - Delhi-based ClearSharp Technology Pvt Ltd, owner of ClearTax.in, an online platform for income tax returns in India, has secured an undisclosed amount in funding from Silicon Valley-based startup accelerator Y Combinator (YC). This is YC's first

2.16 PM Jun 26th

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High taxes  

Source:NDTV Profit - For filing income tax returns online, a paper copy of the Income Tax Return Verification (ITRV) form should only be sent through "speed post" to the Central Processing Centre (CPC) of the Income Tax Department in Bengaluru, according to a senior official.

5.25 PM Mar 31st

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Source:Economic Times - NEW DELHI: E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of 40 per cent

11.09 AM Mar 25th

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High taxes  

Source:NDTV Profit - E-filing of Income Tax returns will be further simplified by the Central Board of Direct Taxes (CBDT) which said it is encouraged by the increasing number of taxpayers taking the online route. The e-filing of returns this financial year saw a jump of

10.47 AM Mar 25th

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Politics  

Under Section 13A of the Income Tax Act, political parties are exempt from paying Income Tax but are required to file their Income Tax returns annually to the Income Tax Department. They enjoy 100% tax exemption from all sources of income. Political parties registered with the Election Commission

8.49 PM Feb 28th

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Chat transcripts from Balwant Jain. Question guest: My total annual income from Bank FDs is less than 2.00 lac. Last year I filed IT return to claim TDS refund. Is it mendatory for me to file IT return this year? Answer: You have to file your income tax return only if your total income from all

6.10 PM Feb 26th

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TAX: The Income Tax Department has sent letters to 50,000 permanent account number holders who have not filed income tax returns.

10.39 AM Feb 24th

PharRiyanI

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Tax Planning & Help  

hello lakhotiaji, i have received a notice from I-t department for non filing of income tax returns, for A.Y.2010-11 because of share trans done in that year, but in the notice no section has been mentioned. What should we understand form this & what should be done. thanks

2.42 PM Feb 21st

missunivers
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MF & Taxes  

What our Constitution pomotes is chinddee chor... it means all these Corruption goes on & on .. all govt servants to be perfect asks all citizens not to miss small small items with their filing of all income tax returns also all these TDS on very small amounts only gives birth to corruption & more

11.12 AM Feb 14th

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Source:Economic Times - NEW DELHI: In a setback to Tamil Nadu Chief Minister J Jayalalithaa, the Supreme Court today refused to discharge her and her associate S Sasikalaa from three cases against them for not filing income tax returns from 1991-94 and set a time limit of four months to complete

2.52 PM Jan 30th

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