Income Tax Death Benefits – Under section 166 of the motor act 1988 income tax return

Income Tax Death Benefits

Income taxpayers not only appreciated but also participate in the economic growth of the country. Income tax department completely supports the deceased person (death accrued during road accident) under section 166 of the motor act 1988 income tax return. Who is to file Income tax return of the deceased is a different segment, but in … Read more

Home loan EMI Calculator excel sheet with prepayment option India

Home loan EMI calculator

Home Loan one of the life-supporting toll for the majority of employees or self-employed. Have you calculated, Is it really financially beneficial or you are paying your valuable earning to the Bank. Frankly speaking, you are paying more than double to the Bank for your Home Loan. But the fact is “You don’t have a … Read more

Download Excel based – Income Tax Calculator for FY 2019-20 [AY 2020-21]

income tax calculator excel

Excel based Income Tax Calculator for FY 2019-20 – AY 2020-21 This excel-based Income tax calculator can be used for computing income tax on income from salary, pension, gifts, fixed deposit and bank interest, house rent and capital gains (short and long term gains). Highlights of Changes in FY 2019-20 in Income Tax return Form: … Read more

Where to Show Housing loan Interest in ITR-1?

Where to Show Housing loan Interest in ITR-1

Where to fill home loan interest in ITR 1? most of the taxpayer (mostly first-time users) really are confused. Income tax department grant relief for the taxpayers especially for those like salaried employees, self-employed or a small business person having a home loan. The home loan consists of two parts. Principal amount Intrest amount The … Read more