In case if you find any mismatch between TDS in form 26AS then you may want to find out why the mistake happened. Here, how to resolve mismatches between TDS statement and Form 26AS is covered.
Tax Audit under section 44AB is carried out to check the compliance of various provisions of the Income-tax Law and the fulfillment of other requirements which are essential for the deduction of income-tax at source.
Difference Between ITR-3 and ITR-4: ITR 4- simple return for Business. ITR 3 –Biggest Return for Indivual and HUF. Read more on ITR 3 vs ITR 4
Tax on Bitcoin in India - If you hold your Bitcoin assets for 3 years or more, the profits made are long-term gains. The long-term capital gains tax is 20% in India.
Income Tax Assessment: It is an estimation for an amount assessed while paying Income Tax by assessee himself or by income tax officer. Read more on types of assessment in income tax
Tax benefits under life insurance policies: You can claim deduction from your taxable income on account of premium paid towards life insurance for self, spouse or children.
TDS Deduction on Rental Property: When an NRI-owned a property and is taken on rent, it is the obligation of the tenant to deduct tax (TDS) u/s 195 of the Income Tax Act
Section 119 of the Income tax act, 1961 essentially empowers the Central Board of Direct Taxes to issue meticulous. Read more about Section 119 and Section 119(2)(b).
How To Upload JSON & File Return On Income Tax Portal Meta Description: ITR e-filing by JSON upload on new Income Tax Portal. Learn how to e-file Income Tax Return for FY 2020-21 using Tax2win generated JSON.
Partner Remuneration & Interest under Income Tax Act, 1961 Firms can claim deduction of Interest, Remuneration paid to Partners & Tax Rate on Remuneration.
