Tax, Investments and Retirement

Over Two Decades ago, when there was no internet that we all had to walk to that branch of the bank, where one had an account, fill the cheque deposit slip, attach h cheque to it, submit it at the ...

I have not filed the tax return for FY2008-2009.And i have double taxation in that year as i came back from US in the mid of year.can i submit the ITR now and get the double taxation by now ?

hello, I am filling my ITR but there is problem, my income tax come out Rs.11755/- but deducted from my income Rs.10300/-. I was trying to pay the remaining Rs.1455/- but there is a section asking ...

Income Tax had raised an outstanding demand against filings in 2009-10 and over 5 years they kept adjusting refund against that demand. Finally that demand was proven invalid. How do we get paid th...

Of course it is good that income tax date date for salaried tax payers is extended by 5 days. As there were many holidays, bank employees strike and water logging/floods in several parts of the cou...

It is a good gesture. But it is necessary that those, who submit after the pre-decided date i.e. 31st July must be charged some token penalty as in electricity bill. This will create a sense of res...

Tax returns filling is it must for every employee ? if not filed what will happen? Can any body give me the clarity.

For salaried tax payers, date has been extended to Aug 5th.

My daughter e-filed her IT Return for A.Y. 2016-17 on 8 July 2016. The refund claimed in the return has been deposited in her bank account on 27 July 2016. I wish to congratulate Income Tax Departm...

Here is how a person can cut down the tax outgo to zero for income up to Rs 10 lakh. 1) Basic income of Rs 2.5 lakh per annum is exempted from income tax. 2) You can claim ded...