Section 80U – Tax Exemption for Disable Person | Similarly, There are certain sections of the Income Tax Act of India that offer tax advantages to individuals if
Leave Travel concession or exemption, Under Section 10 (5) and Rule 2B General provisions. In some cases, the employer may provide vacation leave or assistance to his employee
Download Income Tax Form 16 Part A and Part B and B for the financial year 2021-22| Before you can file a tax return, you must
Tax benefits on home loans. Union Finance Minister Nirmala Sitharaman in her budget speech proposed to extend the deadline for getting additional concessions for repaying interest on home
Income Tax Deduction U/s 80 |Section 80 deduction for the fiscal year 2020-21, A.Y 2021-22 (with budget 2021 amendment) The Income Tax Department has made
Exemption from Section 87A for the F.Y.2021-22| Pursuant to the 2019 Finance Act, the tax exemption limit under Article 87A has been revised to Rs 12,500 for the
Income tax deduction for salaried employees, When the overall taxpayers in the country are assessed, the salaried individuals make up a significant portion of it. And, their contribution
Common Deduction of Income Tax Chapter VIA, At a Glance Chapter VIA Deduction, List of all Therefore, income tax deductions from 80C to 80U. Chapter VIA List of
Download Automated Income Tax Calculator All in One for the Govt and Non-Govt (Private) Employees for the F.Y.2021-22|Introduce a new section 115 BAC in the 2020 Budget for the
Download at a time 50 or 100 Employees Form 16 Part A and B or Part B for the F.Y.2021-22 | Therefore, In the financial year
Why is Form 16 required? Salary Certificate Form 16 is a most important document because: • It shown as proof that the government has received the tax
Whether you choose to pay income tax online or offline, you need to estimate your income tax liabilities in advance, especially if you are a salaried person. However, future
Automatic Income Tax Salary Arrears Relief Calculator in Excel for the F.Y.2021-22.By what means can income tax relief be obtained from any arrears of salary from the
What is Form 16 of Certificate? Automated Income Tax Form 16 along with Part A and B for the financial year 2021-22 as per section 115 BAC Form
Finance Minister Nirmala Sitharaman announced the inclusion of a new clause in the 2020 Union budget,Therefore, known as 115BAC, in the income tax law. The second 115
As the Financial Year 2021-22 is going to end, and now time to prepare the Form 16 by the all of Employers/Dedicators for distribution the Salary Certificate Form
Deductions U/s 10|As per the Income Tax Act, 1961, each tax payers Indian citizen who’s Income above a certain limit of income is liable to pay
Exemption U/s 16 standard deduction of the Income-tax Act, 1961 Therefore, Section 16 of the Income-tax Act, 1961 provides for deduction from taxable income under the heading
Income Tax Section 80GG is a exemption under Chapter VI-A of the Income-tax Act, 1961. It is intended to provide relief to those who do not receive a house
Difference between Old and New Tax Regime | ITR filing season has started. This is the first year when you can choose between the old tax system with deductions
