Obligatory presentation of the personal income tax return | With all-in-one automated income tax software in Excel for Non-Government employees for the tax year 2022-23

Salary Structure

Obligatory presentation of the personal income tax return | If you are not sure if you are required to file an income tax return, this article will help you clarify it. Therefore, Cases in which the presentation of the personal income tax return is mandatory 1. The gross income before any deduction is allowed under Section 80C to 80U exceeds Rs. 2.5 lakhs in the fiscal year 2021-22. However, for seniors, over 60 years of age but under 80, the limit is Rs 3 lakhs and for seniors, i.e. people over 80 years of age…

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How to save on salary taxes | With Autofill Income Tax Software All in One in Excel for the Govt. and Non-Govt Employees for the F.Y.2022-23 with Form 10 E

10 E

 How to save on salary taxes | You enter the ninth cloud as your bank balance grows. But you know who else is excited to see their money grow? No, not to mention your family. This is the Department of Income Tax. Whether it’s payroll tax or corporate income, no one likes to give away a portion of their income to the government, not even us. We found something interesting in this and today we shared it with you. So, there are many cool ways to save on taxes on your income. After all, who wouldn’t…

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Madhya Pradesh vs Mumbai live score updates, ball to ball commentary

Ranji Trophy Final, Madhya Pradesh vs Mumbai Live Cricket Score Streaming Online Today Match Updates: The pitch in the second session slowed down considerably. (BCCI/domestic) Ranji Trophy final: Disciplined MP keep Mumbai in check From a position of 120 for 1, a four-man Madhya Pradesh attack reduced Mumbai to 228 for 5 on the first day of the Ranji Trophy final. Having lost the toss, MP would have probably taken a stumps score of 248 for 5 at the start of the day. Having played an extra batsman who can…

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Goa to host 3-day international Shiva festival next year

The Goa Tourism Development Board (GTDC) has planned to host a three-day ‘International Shiv Festival’ during Mahashivratri next year at the famous Tambdi Surla temple in Mollem. GTDC chairman Ganesh Gaonkar told reporters on Wednesday, “There will be an International Shiv Festival. Work on that on. If all goes according to plan, there will be a three-day festival at Tambdi Surla on Mahashivratri.” “On one side, we have the EDM, Sunburn by the beach. On the other side, those who can perform the Shiv mudra dance can participate in this…

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Income tax arrears relief calculator u/s 89(1) download

10 E

 Download Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E from the Financial Year 2000-01 to the Financial Year 2022-23  Excel Form 10E – Withholding Salary A.Y 2023-24 Calculator of Benefits for Rebate under Section 89(1) Income Tax Act 1961 – Download Under section 89(1) of the Income Tax Act 1961, an exemption from income tax was granted when an employee received late or advanced wages during a financial year. Under rule 21AA of the Income Tax Rules of 1962, Form 10-E was prescribed for benefits. Subject to the above rule, if…

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Income tax deductions under section 80 CCD (1B)| With Automated Income tax Preparation Excel Based Software All in One for the Govt and Non-Govt Employees for the F.Y.2022-23

Budget 2022

Income tax deductions under section 80 CCD (1B)| Income tax is required for all citizens of India who are required to pay income tax in accordance with the rules and regulations of the Income Tax Act 1961. But this does not mean that you have to pay tax on all income received by you in this financial area. year. There are several provisions in the Income Tax Act that allow you to claim deductions from certain investments and expenses. Therefore,  Plan your taxes to save your income In other words, You may carefully be planning your taxes,…

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The standard deduction for employees | With Automated Income Tax Arrears Relief Calculator U/s 89(1) for the F.Y.2022-23 and A.Y.2023-24

STANDARD DEDUCTION

The deductions in the Income Tax Law give taxpayers a reason to smile because they help reduce tax liability. One of those fun provisions for salaried people in IT law is the “standard deduction.” As its name implies, a standard deduction allows you to deduct a certain amount from your gross wages so that your total taxable income is reduced. The most important point to note is that the standard deduction feature is not available to those who opt for the new tax system, which comes with lower tax rates than previous deductions.…

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Exemption from bank savings interest U/s 80TTA| With Automated Income Tax Preparation Software in Excel for the Non-Govt Employees for the F.Y.2022-23

80TTB AND 80 TTA

  Section 80TTA of the Information Technology Act provides a tax deduction for interest income from personal savings. To help you claim your Section 80TTA Income Tax Act deductions, we will discuss your eligibility, threshold, inclusions, and exclusions in detail. What is a section 80TTA deduction? Section 80TTA deduction was established in 1961 and provides for a deduction of up to Rs. 10,000. Therefore, this law applies to individual savings in banks and individual savings groups under the HUF (Hindu Undivided Family). However, it is ineffective with respect to income from interest on term…

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Income tax rebate U/s 87A| With Automated Income Tax Preparation Software All in One in Excel for the Govt & Non-Govt Employees for the F.Y.2022-23

What is the form 16

 Income tax rebate U/s 87A | The Income Tax Act of 1961 allows for several types of tax credits so that taxpayers can reduce their taxable income and therefore their tax liability. Therefore, one such provision under the Income Tax Act is the tax credit permitted under section 87A of the Act. Let’s see what this discount is about – What is the u/s 87A tax credit?  In other words, a tax deduction is a type of discount offered on your tax liability. If your annual income, net of deductions and exemptions, does not exceed INR 5 lakh,…

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Download and prepare 50 or 100 employees at a time Form 16 Parts A and B or Part B for the Fiscal Year 2021-22

budget-2022

Download and prepare 50 or 100 employees at a time Form 16 Parts A and B or Part B for the Fiscal Year 2021-22 | In the Fiscal Year 2021-22, the location of CBDT Form 16 (Principal Lead Authority for Direct Taxes), which is “TDS Payment Authentication”, has been corrected. the unit is paid to and separated from the delegate, and the full tax benefits of that unit in the region are declared by the taxpayers. Therefore,  However, Pay for TDS authentication on the specified date and after it has happened. CBDT…

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