Income tax planning and its benefits| With Automatic Income Tax Form 16 Part B for the F.Y.2021-22 as per new and old tax regime

Income tax planning and its benefits | Introduction to Tax Planning is an intellectual process that makes Therefore,  your financial position more tax efficient. This applies to all actions taken by taxpayers to ensure that In other words, their tax liabilities are minimized and all available deductions, credits and exemptions are used and function in a coordinated manner. It […]

Deduction under Chapter VI A of the Income Tax Act| With Automatic Income Tax Preparation Software in Excel for the Govt & Non-Govt Employees + Automatic Income Tax Revised Form 16 for the F.Y.2021-22

 Deduction under Chapter VI A of the Income Tax Act| Income Tax Chapter VI A of the Income Tax Act  Therefore, available different subsections of section 80 allow a taxpayer to claim a deduction from total gross income.  Income Tax Chapter VI A of the Income Tax Act bear carry subsections of section 80 which allows a valuer to claim […]

Rs.5 (Five) Lack Income tax deduction U/s 87A | With Automatic Income Tax Preparation Software in Excel for the Govt & Non-Govt Employees for the F.Y.2021-22 and Automatic Income Tax Form 16 Part A&B for the F.Y.2021-22

 The government has not changed the basic exemption limit of 2.50 lakhs for a while as the government  does not want people to step out of the tax net and be exempt from filing the ITR. However, at the  same time, successive governments have proposed tax exemptions for taxpayers up to certain income  limits. Tax exemption is […]

Download Automated Income Tax Form 16 Part A and B and Part B for F.Y 2021-22

Download Automated Income Tax Form 16 Part A and B and Part B for F.Y 2021-22. Form 16 is one of the most important tax documents for both employees and employers. Therefore, In this guide we have covered every aspect related to Form 16. This Form 16 is divided into two sections-Forms 16 Part A for Employees, Form […]

Do you think Tax Audit threshold limit U/s 44AB for Professionals should be increased from 50 lakh ?- My point of view.

What is Profession ? There is no proper definition of Profession is given under Income Tax Act.According to Sec 2(36) of Income Tax Act, “profession” includes vocation.Sec 44AA  deals with the professions that required to maintain books of accounts are, Legal Medical Architectural Accountancy Technical consultancy Interior decoration Any other profession notified by CBDT Is […]

OTP from 17863 – Are you facing this problem ?

Are you getting continuous OTP from 17863 in your mobile. If yes, then you are not alone, many people are facing same problem. As per records on the internet most of them are Vodafone customers. But the most confusing part is when you make complain about this matter to Vodafone, they will tell you that […]

জমির পরিমাপ – পশ্চিমবঙ্গ / Land Measurement – West Bengal

বিঘা, কাঠা, শতক, ছটাক ইত্যাদি জমি পরিমাপের এককগুলির নাম প্রায় সকলেই অল্পবিস্তর শুনেছেন, কিন্তু এক বিঘা বা এক কাঠা জমি বলতে প্রায় কতটা জায়গা বোঝায় সেটা ধারণা করা অনেকের পক্ষেই মুশকিল। কারণ ছোটবেলা থেকে আমরা দৈর্ঘ্য বা প্রস্থ পরিমাপের ক্ষেত্রে মিটার, সেন্টিমিটার, ফুট ইত্যাদি এককগুলোই বেশি ব্যবহার করে আসছি। আর তাই এই এককগুলোর সম্বন্ধে একটা […]