Income Tax
ITR Exempted for Income less than 5 lacs
Like previous year press release this year also Govt. of India notified that all salaried tax payers earning an income including income from other source below Rs. 5 Lacs, shall be exempted like previous year from filing of Income Tax Return for this year i.e. Assessment Year 2012-13., subject to the following conditions: 1. Salaried [...]
TDS Preparation with Form 16 for FY 2011-12
Here is a TDS Preparation Excel Utility with Form – 16 for the financial year 2011-2012 and Assessment year 2012-2013, which may be useful to West Bengal Govt. Employees. This utility have used Indian Rupee Symbol. So, users are requested to install ‘Foradian Font’ prior to use this utility. Here is a guide to install [...]
Automated New SAHAJ (ITR 1) in Excel
The Govt. of India recently exempted filling of return of salaried taxpayers having income up to 5 lakhs for the financial year 2010-11 i.e. for Assessment year 2011-12. Others having income above 5 lakhs are directed to submit return within 31st July, 2011. Just a week ahead. This Excel Utility upon some inputs automatically fill [...]
Income Tax Return Exempted for Tax Payers below 5 Lakhs
No. 402/92/2006-MC (14 of 2011) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *#* New Delhi, dated the 23rd June, 2011 PRESS RELEASE The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs. 5 lakh from filing income tax [...]
