5 Ways to Reset Password On incometaxindiaefiling.gov.in

In case you forgets your password of the income tax e-Filing account, then you will be required to use the option selected using this process to reset password. So, it is the best possible way to revive our account. But sometime it is beneficial for hackers to hack our e-filing account. Please keep in mind here we … Read more

How to Protect Your Income Tax Return e-Filing Account – Step by Step

protect efiling account

The e-Filing account of the income tax contains very confidential and important information. So, it is very important to secure the e-Filing account. In order to secure your income tax account, income tax department has introduced E-Filing Vault, which will restrict fraudulent logins. Putting restriction on the options for Login and locking the ways of … Read more

Paid Life Insurance Premium! Remember to Claim Tax Benefits

life insurance premium deduction

Life insurance premium protects one’s life as well as it is a great tool for tax planning.It helps to save tax. Life insurance premium is the amount paid by a person for buying a insurance policy. The life insurance company provides a lump sum amount at the end of term which is called maturity in … Read more

Tax Benefit to Employee on Medical Reimbursement

medical expenses reimbursement

Today employers provide many health benefits to their employees. Medical Reimbursement is one of that. Medical Reimbursement is an arrangement under which employers reimburse the portion of the health expenses incurred by the employee on obtaining medical treatment of self and any family member. Don’t be confuse: In this article you will read about health … Read more

How to View or Download Form 26AS? Step by Step with Pictures

form 26as sample

Form 26AS is a consolidated tax statement which has all tax related information such as TDS, TCS Refund etc associated with a PAN. It is also called annual statement. It shows how much of your tax is collected by government. It is a consolidated statement from multiple sources like your salary/ pension/ interest income etc. … Read more

9 Easy Steps to e-Verify Income Tax Return Through AADHAAR

eVerify Income Tax Return Through aadhar Card

As you know from the previous article that it is the choice of the assesee to do e-Verification of Income Tax return. There are total six ways to do e-Verification of ITRs. Here is one of the way we will discuss in detail i.e. e-Verification of Income Tax Return Through Aadhar Card. Aadhaar card verification … Read more

How to e-Verify of Income Tax Return?

e verification of income tax return procedure

Check all method to e-Verify income tax return in a very easy and quick steps with pictures. You can ask us if you find an difficulty to e-verify ITR via comment form given below. The income tax return filing process is not complete until a successful verification of income tax return. So to complete the … Read more

Income Tax Computation Format – Step by Step [A.Y.2019-20 & 2020-21]

Income Tax Computation [A.Y.] Pariculars Download Link Income Tax Computation Format (Excel Format) Download Income Tax Computation Format (PDF Format) Download (1) Income from Salaries Amount (Rs.) a) Basic Salary ₹……. b) Taxable Allowances ₹……. c) Taxable value of perquisites ₹……. Gross Salary ₹……. Less: Standard Deduction ₹……. Less: Entertainment Allowance ₹……. Less: Professional Tax … Read more

Penalty for Late Filing or Non Filing of Income Tax Return

penalty for late filing of income tax return

The last date to file income tax return every year is 31st July (Extended up to 31-08-2018 for A.Y.2018-19) or 31st September. You must file your income tax return within due date. Now the questions is if you are not filing your income tax return within due date how much penalty or interest you have … Read more

Must Have Record These Documents to Support IT Return

No doubt, there is no need to enclose any documents with income tax return now. But it is advisable that you should prepare all supporting documents on the behalf of you filed income tax return. As Assessing Officer may demand these documents at any time after the filing of income tax return. No documents to … Read more

Basics to Know About Income Tax Return for Salaried Persons

Most of our readers asks about these FAQ regularly by salaried persons. So we have prepared this post for our readers to clarify things in a very simple manner to eliminate confusion about income tax return. What is Form 16?  Form 16 is a TDS certificate in respect of tax deducted from salary. The certificate … Read more

Do’s & Don’t for Printing & Submitting ITR-V to ITD CPC

The procedure for e-filing of income tax return is completed when you verify your return. So, to verify return you have two ways as follows; Sending physical copy of ITR-V to CPC, Bangalore; or e-verify your income tax return In this article we will talk about Do’s & Don’t for Printing & Submitting ITR-V to … Read more

How to File Revised Income Tax Return?

Revised returns are nothing less than a second chance to live for people when it comes to filing online income tax returns. People can use this mechanism to rectify their existing filed return and thus, save penalties and other losses. What is revised income tax return? Taking a reference from Indian Tax Law, the facility … Read more