Senior Citizen Special Income Tax Benefits 80 TTB and others

Senior Citizen Special Income Tax Benefits 80 TTB and others

Income Tax of India offers multiple special income tax benefits to senior citizen. Most of the senior citizens are either unaware of the special income tax benefit or don’t know how to take maximum income tax benefits. In order to help them, here is the list of Special Income tax benefits available to the senior citizen. Definition of Senior Citizen for Income Tax Purpose For Income tax purpose there are two categories of senior citizen. These categories are a senior […]


How NRI can get benefits of DTAA agreement of Taxation?

How NRI can get benefits of DTAA agreement of Taxation?

DTAA is Double Tax Avoidance Agreement. DTAA is an agreement between two countries to avoid double taxation. It is globally known as a tax treaty. The term DTAA is a popular term known to most of the NRI’s. Most of the NRI has dual income, they earn in a foreign country as well as in India. In such cases, it is possible that income earned in one country would attract tax in another country also. This is called double taxation. […]


10 Best Websites to get help in Income Tax Return Filing

10 Best Websites to get help in Income Tax Return Filing

A due date for filing income tax return is nearby (31st Aug, 2018), you must be ready with all documents required for filing income tax return. Preparing and Filing an Income Tax return is a simple task, provided you are a salaried person and filing ITR1. However, for the people who want to file ITR2, ITR3 or ITR4 it is not so easy to prepare and file income tax return. Every year new changes are introduced, and income tax forms […]


15 Income Tax mistakes to avoid while filing ITR

15 Income Tax mistakes to avoid while filing ITR

A date for filing Income Tax return is nearby. You must be ready with all necessary documents for filing Income tax return. ITR filing is an important exercise and as a taxpayer, you have to be cautious while filing income tax returns.  Here is a list of common mistake which taxpayer is likely to make. This year is special when it comes to Income tax. Almost all bank accounts and PAN cards are linked with Aadhaar and rigorous monitoring is […]


How to get instant e-PAN free of cost?

How to get instant e-PAN free of cost?

Income Tax Department has started e-PAN allotment facility online. Anyone who don’t have PAN card can apply for e-PAN online on income tax e-filing portal. This facility is near to real time and available at free of cost. Individuals (other than minors) with a valid Aadhaar number (with updated Mobile number) can avail the e-PAN allotment facility. What is e-PAN? e-PAN is digitally signed PAN card issued in electronic format  by Income Tax Department using Aadhaar e-KYC.  It is completely […]