Income Tax FAQs - Returns & Calculator

How to Check Fake Income Tax Return (ITR) For Loan ?

Income Tax

Check Fake Income Tax Returns (ITR) - Verifying the Income Tax Returns (ITR) is an important criteria for assessing the loan application of any customers/borrowers by Loan officers or Branch Managers in any of the Banks i.e. Public Sector Bank or ...

Who can use ITR-1 form for filing returns ?

Income Tax

Recently Income tax department has made many modifications in the existing ITR forms. There are different types of income tax return (ITR) forms—ITR-1 to ITR-7—for filing of returns by different income tax assesses. Need of forms depend on the ...

How To Check Whether Your TDS is Actually Going to Government ?

Income Tax

Recently Income Tax department has sent notices to thousands of employees regarding non receipt of TDS deducted on their salary. Such notices has created a panic among employees as the TDS are deducted and deposited in government account under ...

File Your Revised Income Tax Returns By 31st March or Be Prepared to Face Penalty or Prosecution.

Income Tax

Income Tax department has advised all the tax payers to 'Come Clean' and file their belated or revised tax return latest by 31st March, 2018, or be prepared to face penalty or prosecution. All the Income Tax payers who have still not filed their ...

Download Income Tax Calculator AY 2018-19 Free in Excel Format

Income Tax

Download Income Tax calculator for Financial Year FY 2017-18 or Assessment Year AY 2018-19 in Free Excel format. The Income Tax calculator in Excel is very useful in calculating the Income tax.facilities are provided separately for generating ...

Leaving Jobs May Cost Income Tax on EPF interest

Income Tax

Are you planning to leave your existing job ? You may be penalized by Income tax as it is ruled by authority that "Tax laws provide that interest credited to an employee provident fund (EPF) account after an individual ceases to be in employment is ...

How To Calculate Tax on Share & Stocks Income ?

Income Tax

Steps to Calculate Tax on Share Income - There are lot of individual who are confused about the taxation on income generated from investment in share and stocks of any companies. Check out the discussion below on capital gains on sale of shares or ...

How To Link PAN Card With Aadhaar For Income Tax e Returns ?

Income Tax

Learn and link your existing Permanent Account Number (PAN) with Aadhaar for filling the Income Tax e Returns. Based on the judgement of honorable supreme court of India, government has made Aadhaar card an essential document for availing benefits ...

List of Top 10 Change in Income Tax Rule from April

Income Tax

List of New Income Tax Rules - Due to Demonetization and government drive against black money, a lot of Income Tax rules are either amended or changed with change in financial bills. Here are the list of major Income tax rules which are changed and ...