Income Tax Articles

No end to harassment of Taxpayers

Manish 17 November 2018 at 16:48

It seems that there is no end of harassment for taxpayer even though there are lot of assurance provided by Prime Minister to improve the process.Given below, a..

How to calculate House Rent Allowance (HRA) Exemption

VISHAL BANSAL 16 November 2018 at 11:32

House Rent Allowance exemption under section 10(13A) is allowed if Salaried individuals getting House Rent Allowance as part of salary and full fill below two..

TDS Provisions under Income Tax Act, 1961

SIDDARTH AGARWAL 15 November 2018 at 11:12

TDS PROVISIONS UNDER INCOME TAX LAW WHAT IS TDS AND PURPOSE OF ITS INTRODUCTION TDS is abbreviated for tax deducted at source which was introduced to collect t..

Leave Travel Allowance Exemption and Tax liability

VISHAL BANSAL 15 November 2018 at 11:12

Introduction-Leave Travel Allowance is given to employee by his employer to cover his travelling expenses when he goes on vacations. Exemption is available for ..

Section 194C: TDS on payment to contractors

Shaurabh Gupta 14 November 2018 at 11:44

Any person who is liable to make payment to any resident contractor/sub-contractor for carrying out any work in pursuance of a contract is liable to make payment under TDS Section 194C.

How to file revise TDS return

Komal 13 November 2018 at 11:05

I am a CA Final Student and after posting Step by Step Procedure of filing TDS Return, I have been receiving lots of messages and comments and most of them are..

EPF versus VPF versus PPF

VISHAL BANSAL 13 November 2018 at 11:04

EPF - EMPLOYEE'S PROVIDENT FUND, VOLUNTARY PROVIDENT FUND and PUBLIC PROVIDENT FUND are long term investment plans for retirement savings

Eight ways to save Income Tax

VISHAL BANSAL 12 November 2018 at 11:02

See the related post : Comparison between different investment plansSaving Income tax by investing money in smart way is the need of every tax payer. Here are t..