Tag Archives: income tax Knowledge

Income Tax Benefits for Senior citizens, Benefits for Senior Citizens

Income Tax Benefits for Senior citizens

Income Tax Benefits for Senior citizens, Benefits for Senior Citizens under Income Tax Act. Detail of benefits for Senior Citizens under Income Tax Act for the financial year 2018-19. In budget 2018 the finance minister announced some special tax benefits for Senior Citizens. Income Tax Benefits for Senior citizens Definition of Senior Citizen- A person becomes […]

History of Income Tax in India, Genesis of Direct Tax & IT’s Reforms

History of Income Tax in India

History of Income Tax in India, Genesis of Direct Tax & IT’s Reforms in India. Law is Dynamic in Nature: This means that law evolves over time in order to meet the specific needs of the society in which it is operative. During the Rajaswa Gyan Sangam held in September 2017, Prime Minister Narendra Modi had […]

Deduction under section 80C, 80CCC & 80CCD for AY 2017-18

Chapter VIA List of All Deductions

Deduction under section 80C, 80CCC & 80CCD for AY 2017-18. Deductions on Section 80C, 80CCC & 80CCD for ay 2017-18 or FY 2016-17. Check List of Income Tax Deduction under section 80C, 80CCC & 80CCD. In this article you may find complete details for how You can avail the benefit of deduction u/s 80C by investing in the Govt schemes. […]

CBDT Takes Steps to discourage Cash transactions & curb Black Money

CAknowledge.in Updates

CBDT Takes Steps to discourage Cash transactions in India. Budget 2017 takes Steps to discourage Cash transactions & curb Black Money. Various legislative steps have been taken by the Finance Act, 2017 to curb black money by discouraging cash transaction and by promoting digital economy. बैंक-पोस्ट ऑफिस से कर सकेंगे 2 लाख से ज्यादा का […]

CBDT issues PAN & TAN within 1 day to improve Ease of Doing Business

CAknowledge.in Updates

CBDT issues PAN & TAN within 1 day to improve Ease of Doing Business. In order to improve the Ease of Doing Business for newly incorporated corporates, CBDT has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in 1 day. CBDT issues PAN & […]

Cash Transaction Rules from 1st April 2017- Section 269ST FAQ’s

Cash Transaction

Section 269ST – Cash Transaction Rules from 1st April 2017, FAQ on Cash Receipt of Rs.2 Lakh or More w.e.f 01.04.2017 (Section 269ST).Cash withdrawal and transaction rules 2017. CBDT Takes Steps to discourage Cash transactions & curb Black Money. These prominently include placing restriction on cash transaction by introduction of new sections 269ST & 271DA to the Income-tax Act. In order […]

List of Various Deductions Under Section 80C – Tax Saving

List of Various Deductions US 80C

List of Various Deductions Under Section 80C. deduction under section 80c. Deduction U/S 80C in respect of Life Insurance Premium, Contribution to PF, etc., (Only Individuals/HUF). Find List of Income Tax Deduction under section 80C. Hi Friends here we are providing Complete List of available Deductions U/S 80C for AY 2017-18 or FY 2016-17. In this article you […]

Instructions for Filing ITR 3 For AY 2017-18, Download ITR 3 Form in PDF

Instructions for Filing ITR 3 For AY 2017-18

Instructions for Filing ITR 3 For AY 2017-18.  These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income tax Rules, 1962.  Check Instructions for ITR 3 Income Tax Return AY 2017-18. In this article you can […]

Various Queries Related to Tax Audit for AY 2017-18

Various Queries Related to Tax Audit

Various Queries Related to Tax Audit for AY 2017-18, Check Frequently Asked Questions on Tax Audit for AY 2017-18. FAQs on Tax Audit. In this article you can find complete solution for Various Questions related to Tax Audit like – What is tax audit?, What is the objective of tax audit?, As per section 44AB, who […]

ITR forms for AY 2017-18 to be notified in April 2017, ITR form simplified for salaried individuals

ITR forms for AY 2017-18

ITR form simplified for salaried individuals; e-filing to start from April 2017. ITR forms for AY 2017-18 to be notified in April 2017, ITR form simplified for salaried individuals. ITR form made simpler FOR ay 2017-18, e-filing of income tax (ITR Forms) start from 1 April 2017 as per latest news…Filing of ITR Forms as compare to […]