Category: Exempted Slab

Important tax benefits of buying a house jointly With Automated Income Tax Revised Form 16 Part B for F.Y. 2019-20 which can prepare at a time 50 and 100 and One by One Prepare Form 16 Part B A.Y.2020-21

Buying a house is a dream for millions of people in India. The government has provided various tax benefits to individuals to encourage them to buy a house property under the ‘housing for all’ initiative. One of the important things to note is that if the property is held jointly, individuals can receive additional tax […]

Non Quoting of Aadhaar or PAN can lead to 20% TDS Deduction

Non Quoting of Aadhaar or PAN can lead to 20% TDS Deduction As per CBDT Circular Number 4/2020, dated 16.01.2020, CBDT has clarified that Employer will deduct 20% TDS in case of Non Quoting of Aadhaar or PAN details. This rule is applicable in case of employee whose salary is more than Exempted Slab. Section […]

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