Fill Income Tax return Form “IV” u/s 44AD, 44ADA, 44AE

By | 08/10/2018

Talking about an individual or Hindu undivided family, after ITR I, filling of ITR IV comes into play for business or professional. Before the commencement of this article, we like to discuss one of the important doubt every taxpayer facing: What is the difference between ITR – 4 and ITR – 4S Income tax department for the business and professional income categories… Read More »

What is Beta Stocks

By | 07/29/2018

What is beta stocks, you have already heard of the term high beta or low beta stocks in the share market, what does it mean and how this term ‘beta’ supports the investor to select the company and earn good amount of profit. In this article, we will get to know about the high beta… Read More »

How standard deduction ₹ 40000 benefit salaried individual?

By | 07/08/2018

The standard deduction is reintroduced in budget 2018, the purpose is to replace the medical allowance and traveling allowance for the salaried. The standard deduction for salaried individual is effected from 1st April 2019. What is the standard deduction? Earlier the transportation allowance and medical allowance which were allowed to the employee for that they have to… Read More »

Section 80D Income tax Act – Tax benefit for (Health, Medical Treatment)

By | 07/03/2018

Deduction under section 80D is another option for the taxpayers to claim from his total income. The taxpayer is eligible is take benefit of deduction under Section 80D of the Income Tax Act. Section 80D talks about health insurance premium and checkup expenditure,  if you have incurred expenses towards medical insurance or medical checkup, then you can avail… Read More »

Why to Pay interest u/s 234A, 234B & 234C “with example” under Income tax act?

By | 06/18/2018

Paying your installment on time will appreciate your credit rating, on the other hand, Paying interest under section 234A, 234B & 234C mark a dent on your saving. The same phenomena rule under income tax payment. In this article, we will discuss on what circumstances the taxpayer is levied to pay interest u/s 234A, 234B & 234C under… Read More »