Tag: Income Tax Arrears Relief Calculator U/s 89(1)

If you get arrears of salary? If genuinely, you might be worried about the tax consequences of the same. Should you have to pay taxes on the total taxable amount? Shouldn’t something be said about …

HIGHLIGHTS CBDT says it will make greater use of technology, data analysis and AI to comb through large transactions The CBDT chief said scaling up information gathering will enable I-T dept to offer pre-filled returns …

Would I able to guarantee Tax Benefit for both HRA and Home Loan? – An inquiry which is frequently posed by many citizens. This is for the most part on the grounds that numerous businesses …

HOW TO CLAIM RELIEF WHEN SALARY IS PAID IN ARREARS OR IN ADVANCE Whereby any portion of assessee’s salary is received in arrears or in advance or by reason of his having received in any …

HOW TO CLAIM RELIEF WHEN SALARY IS PAID IN ARREARS OR IN ADVANCE Whereby any portion of assessee’s salary is received in arrears or in advance or because of his having received in any one …

Reasoning under segment 80C for A.Y.2020-21, A.Y.2019-20, A.Y.2018-19/A.Y.2017-18/A.Y.2016-17. We realize that you are especially intrigued to know the conclusion from gross all out pay to ascertain overall gain charge. As we will talk about just …

Tax Benefit on NPS Tier 1 and/or 2? NPS has two Tiers – 1 and 2. NPS Tier 1 is the long-term investment, which has restricted withdrawals and meant primarily for retirement planning. On maturity, …

Claim both house rent allowance and tax exemption on housing loan If you are a salaried individual enjoying House Rent Allowances (HRA) from your employer and also own a residential house, then you can have …