Income Tax Latest Updates| Income Tax Return Update

Union Budget 2019 : Highlights

05/07/2019 CA Janhavi Phadnis 2

Last updated on May 8th, 2021 at 10:42 pmUnion Budget 2019 Budget Highlights: What is changing for FY 19-20? On 5th July 2019, the Budget was presented by Ms. Nirmala Sitharaman, Finance Minister. Vision – […]

FAQs – Filing of Income Tax Return

26/06/2019 CA Janhavi Phadnis 0

Last updated on July 24th, 2022 at 08:16 pmSome FAQs related to the filing of Income Tax Return 31st July is the deadline to file the ITR for most of the tax-payers including salaried people. […]

Income Tax Calendar for FY 2019-20 (AY 2020-21)

24/06/2019 Team FinancePost 0

Last updated on March 23rd, 2021 at 04:52 pmIncome Tax Calendar for FY 2019-20 (AY 2020-21) The filing of tax return is an annual activity. However, the income tax department has outlined various deadlines for […]

Due Dates for filing Income Tax Return

19/06/2019 CA Janhavi Phadnis 2

Last updated on June 11th, 2021 at 03:14 pmDue Dates for filing Income Tax Return The Income-tax department in Sec 139 on the Income Tax Act has mandated due dates for filing the income tax […]

Pre-budget memorandum : Suggestions by ICAI

15/06/2019 CA Janhavi Phadnis 0

Last updated on May 15th, 2021 at 09:20 pmPre-budget memorandum: Suggestions by ICAI Finance Minister Nirmala Sitharaman will be presenting the full-year Union Budget for the financial year 2019-20 on 5th July, 2019. This Union […]

A checklist that all the tax deductions have been claimed for the year before filing ITR

25/02/2019 CA Janhavi Phadnis 0

Last updated on May 15th, 2021 at 09:28 pmA checklist that all the tax deductions have been claimed for the year before filing ITR As the financial year is coming to an end, you are left […]

Income Tax Benefit u/s 80C

21/02/2019 CA Janhavi Phadnis 0

Last updated on May 9th, 2021 at 01:49 pmIncome Tax Benefit u/s 80C All the individuals and Hindu Undivided Family (HUFs) can avail income tax benefit for certain payments. These benefits are listed under sections […]

Section 80CCC – Deduction for contribution to pension funds

20/02/2019 CA Ankita Khetan 0

Last updated on May 9th, 2021 at 03:33 pmSection 80CCC – Deduction for contribution to pension funds Overview Considering ever going inflation, it is important to plan for the future cautiously. Pensions are different from […]

Leave Travel Allowance (LTA)

20/02/2019 CA Janhavi Phadnis 0

Last updated on July 24th, 2022 at 08:12 pmLeave Travel Allowance (LTA) Leave Travel Allowance (LTA) is an allowance included in the salary of many employees. LTA is generally included by most of the organizations […]

Budget 2019 : Highlights

02/02/2019 CA Janhavi Phadnis 0

Last updated on May 9th, 2021 at 09:39 amBudget 2019: Highlights Taxation Standard deduction u/s 16 has been increased from Rs. 40,000/- to Rs.50,000/-. This will benefit all the salaried employees. Rebate u/s 87A increased […]