Category: Income Tax

    How many previous years Income Return can be filed after due date? Income Tax Act 1961 every tax payer need to file income tax return timely. Accroding to … Read More

Computation of Total Income and Tax liability of an individual Computation of total income need to assess income tax under Income Tax Act 1961.  Computation of Total income we need … Read More

Income Tax procedure 1961 Income Tax procedure is process that how to work Income Tax Act,1961. Income tax procedure is very simple under Income Tax Act,1961 Income tax procedure is … Read More

Income Tax Act 1961 Income Tax Act, 1961 passed by Parliament in the 1961 after 12th year of the Republic of India. This Act may be called the Income Tax … Read More

How pay zero tax on Rs. 10,00,000 annual income from salary. According the provision of Income Tax Act 1961 every assessee need to pay Income Tax on his total income … Read More

How to check status of your Income Tax Refund ? According to Income Tax Act 1961 Section 237 of the Income Tax Act, 1961 deals with refund of excess tax paid by the assessee. The authority will … Read More

Cost Inflation Index According to provision of Income Tax Act 1961 any assessee need to calculate long term capital gain under section 48 need to calculate cost Inflation Index. Full … Read More