Raviraj Parekh September 10, 2019 HUF stands for Hindu Undivided Family. HUF can be formed by Hindus, Jains, Buddhist and Sikh Families in India. As per Income Tax rules, HUF is a separate tax entity/unit. You can enjoy additional tax benefits as a family by forming HUF. If you are keen to …
Raviraj Parekh August 9, 2019 To simplify & improve the process of ITR filing and e-verification, the Income Tax department has launched new facilities of e-filing Lite and E-verify IT return without login to e-filing portal. You must be aware that filing of Income-tax return (ITR) is mandatory if your gross …
Raviraj Parekh July 22, 2019 The Income-tax department has started a new initiative of e-refund. Now onward income tax refund will be directly credited in your bank account. To get e-refund, your bank account must be linked with your PAN card. Apart from that you also need to pre-validate bank account …
Raviraj Parekh July 17, 2019 Now you can download Pre-Filled XML ITR (Income Tax Return) file from Income tax website. As 31st July is nearby, all of you must be preparing for filing Income Tax return. This year income tax return filing will be very easy for taxpayers. You can download …
Full Budget 2019-20 was announced by Finance Minister Nirmala Sitharaman today. As it is the first budget of newly elected NDA government expectation from budget 2019-20 was very high. Middle-class people were expecting tax slab change in new budget 2019-20. However, budget 2019-20 was turn out …
