How to Check TDS Refund Status? – Simple steps by step guide.

incometaxrefundstatus

If you are entitled to get the income tax refund that means, you are a lucky man 🙂 Income tax department not only levies income tax on your income but also refund the excess amount back to you under Section 244A income tax refund. I personally feel proud and happy when I get the message … Read more How to Check TDS Refund Status? – Simple steps by step guide.

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

How to Calculate Capital Gains Tax on Property + [How to SAVE Capital Gain Tax?]

capital gain calculator in excel

If you are looking for PROVEN and fastest way to SOLVE an issue on How to calculate capital gains tax on property & How to save tax? this post is for you. When I personally think about the property/house and taxation, there are several questions arise. I have tried to cover almost every related query … Read more How to Calculate Capital Gains Tax on Property + [How to SAVE Capital Gain Tax?]

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 Home loan EMI Calculator excel sheet with prepayment option India

How to Respond to Demand Notice from Income Tax?

Kind of Income Tax Notice

“Notice” word itself bring a lot of panic among the taxpayer. Income Tax Notice is not always brought you into trouble but also keep you away from it. However, Some Income Tax Notice is harmful and some are harmless. In this article, you will surely understand the kind of Income Tax Notice, intimation u/s, the reason behind the … Read more How to Respond to Demand Notice from Income Tax?

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

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 Where to Show Housing loan Interest in ITR-1?

Minor Income tax return in India + What is Clubbing of income of Minor?

Minor income tax return in India

Income tax return of minor in India, what is minors according to income tax? – Any person under the age of 18 is considered a minor age for income tax in India. If you dive deep the tax implication in case of minor income is not so complicated. The income tax department doesn’t restrict you … Read more Minor Income tax return in India + What is Clubbing of income of Minor?