Category: Incometax

A financial year is about to end, you must have received a reminder about the submission of Income Tax Proof from your employer. Don’t forget to submit your tax-saving proof to your employer else more TDS will be deducted from your salary and you need to …

It is easy to generate rent receipts online. Multiple websites offer a facility to generate rent receipt online. You must be aware that if you receive HRA above Rs. 3000/- per month, you must provide Rent receipt to the employer as evidence for claiming HRA. Even …

Income Tax Return Rectification – Recently my friend has received tax demand from Income Tax Dept. He has filed an income tax return before the due date and return was processed by CPC. The intimation of processing ITR 143(1) was also generated and sent to his …

Once you file your ITR it will be processed by the income tax department in a reasonable time. You need to wait until it is processed. It usually takes 6-9 months for the processing of Income-tax return. Once your ITR is processed CPC (Central Processing Center) …