Income Tax Articles

Checklist for ITR-4 filing for AY 2020-21

CA Rahul Mittal 08 June 2020 at 10:07

ITR-4 for AY 2020-2021 has been notified on the e-filing portal. Every taxpayer shall file the income-tax return electronically except a super senior citizen (whose age is 80 years or above during the previous year 2019-20) who furnishes the return either in ITR-1 or ITR-4.

Section 45(5A) of the Income Tax Act- Analysis

SAGAR MALHOTRA 08 June 2020 at 10:07

Section 45 of the Income Tax Act, 1961 ('Act') is the charging section of the income chargeable under the head 'Capital Gains'.

Changes in ITR-5 for AY 2020-21

Soumya Laha 06 June 2020 at 09:45

Changes in ITR-5 for AY 2020-21

TDS Section 194O | TDS on e-commerce operator

CA Chandra Kishore Bajpai 06 June 2020 at 09:44

TDS Section 194O | TDS on e-commerce operator

Income Tax Slab Rates for FY 2020-21

CA Sanya Kapoor 06 June 2020 at 09:44

Concessional Income Tax Slab Rates for FY 2020-21 was notified by the FM in her Budget Speech. The new concessional tax rates can be availed without claiming certain deductions and exemptions.

ITR-4 AY 2020-21: 3 Key additions introduced

CA (CS) Ujjwal Jindal 05 June 2020 at 15:16

ITR-4 for AY 2020-21 is now available on the e-filing portal. Three key additions have been made in the new ITR-4.

HRA: All about house rent allowance

CA Sanya Kapoor 05 June 2020 at 10:24

HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.

Checklist for filing of ITR 1 of Financial Year 2019-20

CA Rahul Mittal 03 June 2020 at 18:16

ITR-1 for AY 20-21 has recently been notified on the e-filing website of the Income Tax Department.

How to file ITR(Income Tax Return) without Form 16?

Bhavesh Khanvilkar 03 June 2020 at 10:34

Income Tax Return(ITR) can also be filed without Form 16. One might be facing issues with Form-16 due to lockdown. Know how to file ITR without Form-16