Learn how to e-verify your ITR online using IDBI bank portal & offline using IDBI bank ATM. Your very common questions about ITR e-verification of ITR answered.
Do you know what were the old income tax rates & tax slabs for Individuals in India? Know the income tax rates for last 10 FY’s for Individuals aged less than 65 years & senior citizens.
What is Income tax on marriage gifts? Learn about the Taxation rules on wedding gifts received from immediate family (relatives & friends), regulations & treatment under section 56.
CII or Cost Inflation Index refers to the numbers issued by the Income Tax Department in each year’s budget depicting the level of inflation for the relevant Financial Year.
Income tax form Sugam ITR - 4S for Presumptive Business. Learn about the applicability of the form, Part A, Part B, Part C & schedules of ITR 4 form
Individuals who are holding properties also need to file income tax returns for the gains from the property. Learn the meaning of ITR form 7, eligibility & procedure.
Tax treatment of Income Bonus received on salary by salaried individuals under Income Tax Act. Learn how employers deduct TDS on salary including bonus? When is bonus taxed & tax slab rates.
Are loans from family members or friends are taxable? Read about restrictions under income tax act on giving & taking personal loans.
How to calculate income tax on the sale of inherited property? Read about the concept of taxation under Hindu Succession Act & tax benefits on ancestral property.
What is the income tax applicable of awards & prizes? Learn about the tax implications on winning from lottery, game shows & puzzles & other tax free awards.