[ad_1] The CBDT or Central Board of Direct Taxes has notified a new format forĀ Form 16. This requires the break up of the Tax-Exempt Allowances paid to the employee and also of all tax breaks claimed by them. In the previous format allowed the companies to give consolidated figures or break-up in different formats for […]
Claiming tax relief on salary arrears? Don’t forget to file Form 10E With Automatic Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E in Excel from the F.Y. 2000-01 to F.Y. 2019-20
[ad_1] Receiving salary or pension in arrears might change your tax situation. You may fear it’s going to move you up a tax slab. Or tax rates may be higher in the year arrears are received as compared to the year to which they belong. To protect you from any additional tax burden, due to […]
Prepare One by One Preparation Automated Income Tax Form 16 Part B and Part A&B For F.Y.2019-20
[ad_1] The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 MayĀ 2019. This Format is more explore the employeeās Salary Details. Ā Download And Prepare One by One Ā Automated Income Tax Form 16 Part B and Part A&B (Modified Format) [This Excel Utility Prepare […]
Instant PAN through Aadhaar Card ā How to apply for instant PAN?
[ad_1] Income Tax haslaunched the facility of issuing Instant PAN card through Aadhaar. Thisfacility is free and available on the Income Tax e-filing website. It is acompletely paperless process with the issuance of e-PAN card nearly real-time.The e-PAN card issue via this method holds similar value as a physical PANcard. This card contains a QR […]
Relief under section 89(1) for arrears of salary With Automated Income Tax Arrears Relief Calculator U/s 89(1)
Did you receive anyĀ advance salaryĀ orĀ arrears of salary? If yes, you might be worried about the tax implications of the same. Do I have to pay taxes on the total amount? What about the tax calculations of the previous year and so on? Taxpayers who have such questions in their mind, here is all that you […]
Relief under section 89(1) for arrears of salary
[ad_1] Did you receive anyĀ advance salaryĀ orĀ arrears of salary? If yes, you might be worried about the tax implications of the same. Do I have to pay taxes on the total amount? What about the tax calculations of the previous year and so on? Therefore, Taxpayers who have such questions in their mind, here is all […]
What is the utility of Income Tax Salary Certificate Form 16?
[ad_1] Ā·Ā Ā Ā Ā Ā Ā Ā Ā Form 16 is an Income Tax form issued under section 203 of the IT Act for Tax Deducted at Source from an employeeās salary. Form 16 contains a detailed record of every tax deducted from the salary of the employee by the employer. Ā·Ā Ā Ā Ā Ā Ā Ā Ā Form 16 contains all details about salary paid by […]
Instant PAN through Aadhaar Card ā How to apply for instant PAN?
[ad_1] Income Tax has launched the facility of issuing Instant PAN card through Aadhaar. Therefore, this facility is free and available on the Income Tax e-filing website. It is a completely paperless process with the issuance of e-PAN card nearly real-time. The e-PAN card issue via this method holds similar value as a physical PAN […]
India Govt gives permitted for Aadhaar-Voter ID linking
[ad_1] Aadhaar-Voter ID linking process gets the Modi government permitted. The Union Law Ministry has given its approval for Aadhaar Card Voter ID linking process, a proposal put forwarded by the Election Commission of India (ECI). The poll watchdog sought legal powers to resume the process of linking of 12-digit Aadhaar numbers with Voter ID. […]
New Format of Form 16 for A.Y. 2020-21 With Automatic Excel Based Income Tax Form 16 Part B and Form 16 Part A&B in Revised Format.
[ad_1] The CBDT or Central Board of Direct Taxes has notified a new format for Form 16. This requires the break up of the Tax-Exempt Allowances paid to the employee and also of all tax breaks claimed by them. In the previous format allowed the companies to give consolidated figures or break-up in different formats […]
