The Public Provident Fund (PPF) is one of the tax-free saving scheme. This saving scheme is famous amongst the investors who do not want to take risk.
The government made numerous improvements in taxation which are applicable from 1st April 2018.
Income tax act 1961 provides for heavy fees and penalties in case of tax evasion.
This article we going to discuss the fields showing in ITR-1 form. There are many changes in New ITR-1 form launched for filling return for FY 2017-18.
If a person is required to file ITR but does not file it on time prescribed under Income tax act then late fees have to be deposited by him while filing his ITR.
A defective return notice is generally sent to the assessee if he fails to furnish some necessary information.
This article helps you in ascertaining the various provisions of GST on which action has to be taken immediately i.e before 31st March.
In Income tax Act, Residential status of the individual is one of the major factor while determining the taxability of the person.
In this Article we are going to discuss the tax benefits provided in the Income Tax Act to the home loan buyer.
If you receive gifts in the form of money and property from any of your relative or friends, it may be taxable Income in certain situations.