Karan Batra

Exempt-Income-ITR

Procedure to disclose Exempt Income in ITR & Importance

There are various Incomes which are exempted from the levy of income tax in the hands of the person who is receiving the amount. As these incomes are exempted from… Read more

Debt Mutual Funds vs Equity Mutual Funds

A Mutual Fund is a professionally organised fund which collects money from the public and then invests this money in those instruments for which it has raised funds.  There are… Read more

What are Debt Funds? Debt Fund vs Fixed Deposit?

Debt funds have become very popular in the past few years and many people had started shifting funds from Fixed Deposit to Debt Funds as the tax levied was very… Read more

Tax on Debt Funds/ Bonds/ Debentures: Computation with Examples

With Debt Funds, Bonds & Debentures getting popular among the investors, and investors starting to shift from Fixed Deposits to Debt Funds, tax on debt funds/ bonds/ debentures is something that… Read more

CS-Result

CS Exam Form Dec 2016 Online: Executive, Professional

The CS Exam Form Dec 2016 attempt of CS Foundation, CS Executive & CS Professional can be submitted by a candidate online. Students appearing for CS Foundation/ CS Executive/ CS Professional… Read more

IFRS

IFRS & its applicability in India : Budget 2014

Arun Jaitley while announcing the Budget 2014 announced that there is an urgent need to converge the current Indian Accounting Standards with the International Financial Reporting Standards (IFRS). He also… Read more

Due-Date-Service-Tax

Due Date for Payment of Service Tax & Int. on Late Payment

As per the Service Tax Rules framed by the Govt. of India, Payment of Service Tax should be made at regular intervals. The Service Tax collected by the Service Provider… Read more

public-provident-fund

PPF Account and PPF Interest Rate @ 7.9%

We all have heard a lot about PPF Account and seen our parents make investment but what is PPF Interest Rate in India and what are the benefits of investing… Read more

Due-Date-Service-Tax

Challan No/ ITNS 280: Beginners Guide to pay Tax Online

Challan No/ ITNS 280 is required to be used for the payment of Income Tax. This payment of Income Tax may be in the form of Advance Tax, Self Assessment… Read more

Section-94A-Income-Tax

All about Section 94A of the Income Tax Act

ITR Forms from AY 2014-15 onwards require the taxpayers to disclose whether any transaction has been made with a person located in jurisdiction notified under Section 94A of the Income… Read more

Income-Tax-Return

ITR V Form Password and How to Download & Send

ITR V Form is required to be submitted at the time of efiling of Income Tax Returns. But a question arises regarding what is this Form all about and why… Read more

form-16

Form 16 TDS Certificate & How to verify Form 16 online?

Form 16 is a TDS Certificate issued by the employer deducting the TDS while making payment to an employee. As per the Income Tax Act, every employer at the time… Read more

Income-Tax-Return

ITR 4S (SUGAM): How to submit online in 2016

ITR 4S also called as SUGAM is an Income Tax Return Form is mainly filed by taxpayers who do not maintain regular books of accounts and compute their income under… Read more

Section 139(9)-Defective-Return

ITR 2 Form: How to submit online in 2016

The Due Date for filing ITR 2 Form is 31st July of the assessment year. So if you are filing your income tax return for the financial year 2015-16, the due… Read more

free-income-tax-software

Official Income Tax Software – Free Download

With the govt having mandated compulsory e-filing of income tax returns of all assesses with Income over Rs. 5 Lakhs pa, manual filing of income tax returns has reduced drastically… Read more