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Download Tax Challan Correction Request Form

Do you file your Income tax return Manually? If yes then read on this is really important for you. The main reason for automating the system of filling income tax return is to minimize the errors. But still there are a big number of people who file their income tax return manually. Errors while depositing tax payment challan physically are …

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How To Check ITR V Acknowledgement & Receipt Status Online?

Income tax department has set up a platform for filling Income tax returns online. If you are one of those who have filled your income tax returns in electronic form without a digital signature, then you must be waiting to know the status of your posted ITR-V form. So here we have a good news for you, now you can …

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Income Tax (IT) Exemptions On House Rent Allowance (HRA)

HRA stands for House Rent Allowance, it is an allowance that almost every salaried employee receives as part of there salary package from there employer to meet the cost of rent that they pay for their home. In other words, HRA is a compulsory part of salary of an individual which every salaried person receives irrespective of the type of …

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Is There Any Penalty/Late Fee On Late Filing Of Income Tax Return?

The last date for filing income tax return for an individual assessee is 31st July. In spite of knowing the deadline sometimes you could not file your income tax return on time. As we know filing income tax return in most of the cases is compulsory but what if you miss the deadline of 31st July for filing your tax …

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Income Tax Deductions On Home Loans/ Housing Loans In India

Whenever we plan to buy a housing property we approach some bank or financial institution to get the Home Loan to fund property. Today people like to go for home loan even if they have enough cash arrangement to buy the property. Why so? There are certain reasons for the same but the most important reason which motivates them to …

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Use MICR Code To Get Early Income Tax (IT) Refund

Today people are more vigilant towards filing there income tax return on time as they understand its importance and benefits. Other than that the other important reason for filing income tax return on time is to get the tax refund early. Tax refund is a refund on taxes from the authority when the tax liability is less than the taxes …

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