If you are a self employed businessman or professional or even a salaried person not in receipt of HRA, and paying high rentals for your residence, find out how you can still claim tax deductions on those monthly rentals and reduce your tax burden. U/S 80GG of Income... read more
W.E.F. from F.Y. 2012-13, following persons have to file returns electronically: (Vide Notification No. 34/2013, dated 01.05.2013) Every person (not being a company or person filing ITR 7) if Total Income is above Rs. 5 lacs. Resident Individual/ HUF, when: it has... read more
In view of the Sixth Pay Commission recommendations implemented by the Government, government employees have received salary arrears of past financial years. However, it is generally a matter of great confusion to such employees regarding how tax on arrears will be... read more
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