As a taxpayer, it is very important for you to know that while filing the (ITR) income tax return, if a person under-reports his income or inflates his deduction/exemption, then the Income Tax Department (ITD) can impose a penalty on him under Section 270A of the Income Tax Act, 1961…. Continue reading
Jet_Airways…. 20000+ employees lost their job due to sudden shut down of the company. Impact: Many Employees would have EMIs Running for Personal Loans, Home Loans and so on. Few might be struggling with meeting the ends in life. And have to join whatever job they get even with low… Continue reading
Now all details declared in your ITR w.r.t. Income (gross total income, taxable income, other income like interest income, etc.) / Deductions / TDS, are being matched with the details available in your Form 16 as well. If there is any variance in details given in ITR and Form 26AS… Continue reading
It is a type of investing or budgeting style for which real return rates or periodic income is received at regular intervals at reasonably predictable levels. Fixed-income budgeters and investors are often one and the same – typically retired individuals who rely on their investments to provide a regular, stable… Continue reading