INCOME TAX DEDUCTIONS U/s 80C FOR F.Y 2019-20 & A.Y 2020-21,WITH AUTOMATED INCOME TAX ARREARS RELIEF CALCULATOR U/S 89(1) WITH FORM 10E FOR F.Y. 2019-20

The maximum tax exemption limit under Section 80C has been retained at Rs 1.5 Lakh only. The various investment avenues or expenses that can be claimed as tax deductions under section 80c are as below; PPF (Public Provident Fund) EPF (Employees’ Provident Read more

Download Arrears Relief Calculator U/s 89(1) with Form 10E for F.Y. 2019-20 With Income Tax Rules for FY 2019-20: Impact on your Financial Planning

In the Interim Budget presented on 1st February 2019, the Indian government has announced changes in the income tax rules for the financial year 2019-2020. These tax deduction rules are effective from April’19 onwards. Highlights ·                                 There is no change in the Read more

Download Automated Income Tax Arrears Relief Calculator U/s 89(1) with Form 10E From F.Y. 2000-01 to F.Y. 2019-20

HOW TO CLAIM RELIEF WHEN SALARY IS PAID IN ARREARS OR IN ADVANCE Whereby any portion of assessee’s salary is received in arrears or in advance or by reason of his having received in any one financial year salary for Read more