simpleincometax
Blog of Taxman for Taxmen !
Friday, June 24, 2011
Income Tax Return relief for salaried taxpayers
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The Central Board of Direct Taxes (CBDT) yesterday notified that salaried individuals having a total income up to Rs 5 lakh after allowable...
Thursday, June 2, 2011
TDS certificate From 16A to be downloaded and issued.
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Form No. 16A now generated from Tax Information Network (TIN). Mandatory for Companies and Banks to issue Form 16A from TIN to their deduc...
Monday, May 30, 2011
Transparency in Survey operations : Instruction from CBDT.
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For bringing transparency in survey operations and obviate the possibility of any grievance to the taxpayers, it is decided that hencefort...
Friday, May 27, 2011
Income below Rs 5 lakh? You need not file returns
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The government has exempt salaried people earning up to Rs 500,000 annually from filing income tax returns. A move that will bring relief ...
Wednesday, May 18, 2011
Income Tax exemption on 9.5% interest on PF for 2010-11
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Giving relief to 4.71 crore subscribers of EPFO, the government has allowed tax exemption on the 9.5 per cent interest income on PF deposits...
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