Income Tax Articles

How to claim TDS refund

Nikita Agarwal 13 July 2023 at 09:03

To claim TDS refund, you can follow these steps along with the necessary forms

Comprehensive Discussion On Investment Made In Mutual Fund & Its Taxability (Equity/Debt)

Geetanjali Pandey 12 July 2023 at 14:44

It has always been the point of discussion while deciding the eligibility of investment made in Mutual funds for claiming deduction under Sec 80C of the Income Tax Act and also to calculate its taxability at the time of redemption. It should be noted that taxation of Mutual fund depend upon its type whether it is equity oriented fund or Debt oriented fund.

Understanding the Implications of Booking an FD Without PAN and the Consequences of Non-Linkage with Aadhaar

Rashmi 12 July 2023 at 09:10

If you have invested in a fixed deposit (FD) and have not linked your PAN (Permanent Account Number) with your Aadhaar, there are several implications for you. ..

12 common mistakes that an Income tax filer does while filing ITR

Nikita Agarwal 10 July 2023 at 14:27

A list of common mistakes that accountants or individuals may make while filing their income tax return (ITR).

7 Major Precautions to Know While Filing ITR for Individuals

Suresh Kumawat 07 July 2023 at 09:04

Income Tax Returns (ITR) filing is a job that needs close attention. At the time of filing your ITR, the salaried person in particular is required to keep a few important considerations in mind. This crucial information would have been clarified in this extensive manual.

Reactivating an Inoperative PAN: Timeframe and Process Explained

Rashmi 07 July 2023 at 09:04

This article provides step-by-step instructions on how to link PAN with Aadhaar and check the linking status.

Consequences of an Inoperative PAN: 15 Financial Transactions You Can't Do Without PAN-Aadhaar Linkage

Rashmi 05 July 2023 at 14:20

The government introduced the Permanent Account Number (PAN) to make it easier to access taxpayer information and match it with their investments, loans, and business activities. This helps detect and prevent tax evasion and broaden the tax base.

Guidelines on TCS for Foreign Remittances under the Liberalised Remittance Scheme (LRS)

Rashmi 03 July 2023 at 14:17

On June 30, 2023, the Ministry of Finance released detailed guidelines regarding the applicability of Tax Collection at Source (TCS) on various foreign remittances under the Liberalised Remittance Scheme (LRS).

How to Authorize/Register as Representative on Income Tax e-Filing website

Shivani 01 July 2023 at 17:27

To avail the "Authorize/Register as Representative" service on the e-Filing portal, you need to meet the following prerequisites

Form 16A

Niyati 01 July 2023 at 16:25

Form 16A is a certificate that is issued under the provisions of the Income Tax Act, 1961.