Transport Allowance forms part of an employee's salary structure. Read the meaning of Transport Allowance, Exemption available, conditions attached and changes.
Form 12BA is a detailed statement showing particulars of perquisites, other fringe benefits and profits in lieu of salary that is issued by the employer along with Form 16
Know about tax return preparer, TRP roles, responsibilities & charges. Income tax return filing at home under the TRP scheme approved by Income Tax Dept.
Credit of any sum to the taxpayer requires to be offered to tax unless it is specifically exempted as per tax provisions.Know more about Section 68 on unexplained cash credit & its treatment
Form 61A is a record of specified financial transactions that should be furnished under the Income Tax Act. Find out which are there specified financial transactions are and what to do in case of nil returns
Section 40A(3) disallows Cash Payments exceeding Rs 10000 made in a day to be claimed as an expense. Read the applicability & exceptions to this rule.
A guide to ITR forms. Find out which ITR form applies to you for the financial year 2019-20, AY 2020-21 . Compare different itrs and find out which is applicable to you.
What is TAN? Learn here how to know your TAN Number online? What are the penalties for not quoting TAN on TDS returns?
Check the TAN registration steps on TRACES portal for Deductor, Deductee and PAO. Read the step by step procedure explained for obtaining TAN from TRACES (TDS) website.
Are stipends taxable? Check out whether you should file income tax return or not. Know about TDS on stipend and deductions on expenses.