Guide to Taxation and Legal Concern |Simplified Laws
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[...] Similar to Ombudsman for banking services, the income tax department has its own ombudsman. Ombudsman is an official appointed to investigate the complaints of [...]
[...] Have you got a Notice u/s 245 from Income Tax department? Even after paying 30% of your income as taxes to the government, they are still sending [...]
[...] Income tax department started sending reminder notice u/s 245 of Income tax Act 1961. In our other article “Did [...]
Basics – The taxpayer has to discharge income tax liability on the estimated income earned/to be earned during the current year (for example, the [...]
[...] Educational institutions are not spared from service tax. The services provided by the education institution and the services availed by the [...]
[...] Renting of immovable property is a service and is subject to service tax. Queries on whether all types of properties are covered, how much is covered, what is not [...]
[...] The due date for e-payment of service tax for the month of August 2014 is 6th September 2014. If the payment is made manually, the due [...]
[...] GST means Goods and Service Tax. It is an indirect tax levied on sale of goods and services. The reformists believe that GST is [...]
[...] Wealthy individuals have to pay tax on their net wealth, apart from Income Tax. This tax is less known in the society. In fact, this tax is ‘less harming’ compared to Income [...]
[...] of normal housing loan will have many benefits and you can use this as a tool to save income tax. In our other article ‘Looking for a Housing Loan? Don’t miss opportunity to go for [...]
[...] searching for accountant’s job, it is better you refresh your knowledge on Tax matters such as Income Tax, service tax etc. Here you find a set of most likely questions which are asked during the [...]
This is one section which can really explain the implications of non-compliance of tax or labor laws. After reading this article the business ent [...]
[...] section 80C to reduce tax liability substantially for the salaried individuals Viz. LIP, PPF, Housing Loan, Mutual Fund, NSC, Fixed Deposit etc. Here is a quiz to check yourself to know... [...]
[...] Those who have tried taking a housing loan from the bank would have experienced the pain of furnishing the information and documents to [...]
Are you planning to take home loans in the near future? If so, we suggest you to do some homework. If you see the advertisements of various banks a [...]
[...] ), SCB (HomeSaver), IDBI (HomeLoan Interest Saver), Citi Bank (Home Credit) instead of normal housing loan will have many benefits and you can use this as a tool to save income tax. In our other [...]
[...] the data about the taxes which are foregone on account of incentive schemes given under Income Tax Act. For example, had the government withdrawn deductions u/s 80C of the Income Tax Act (towards [...]
The last thing a taxpayer expects is any sort of communication from the Income Tax department! But one should remember that information from Tax de [...]
[...] Income tax department started sending reminder notice u/s 245 of Income tax Act 1961. In our other article “Did you receive communication on Arrear Demand Notice u/s 245 [...]
[...] Communication, Processing of Income Tax Return by CPC, Filing of Rectification Application, Intimation u/s 143(1), Rectification order U/s. 154, non consideration of TDS, Advance Tax/self-assessment [...]
[...] the ‘intimations’ is a big task. Look at the following types of letters you may get - Intimation u/s... [...]
[...] be asking you to appear or pay taxes. In this article, we have written about one such Intimation u/s... [...]
[...] Similar to Ombudsman for banking services, the income tax department has its own ombudsman. Ombudsman is an official appointed to investigate the complaints of [...]
[...] Have you got a Notice u/s 245 from Income Tax department? Even after paying 30% of your income as taxes to the government, they are still sending [...]
[...] Income tax department started sending reminder notice u/s 245 of Income tax Act 1961. In our other article “Did [...]
Basics – The taxpayer has to discharge income tax liability on the estimated income earned/to be earned during the current year (for example, the [...]
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