#IncomeTaxIndia

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Don’t want to pay Income Tax?

Are you a salaried person? Want to pay less tax? Do you think you can avoid paying any tax? Got tempted by the Title right? Don’t worry. There’s no way you can do so. But you can manage your taxes and reduce liability through proper planning. Start saving & investing in schemes which are allowable …

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Major six benefits of switching to Electric Vehicles (EVS)

Current global market focus has shifted to Electric Vehicles due to its own attractiveness. India is one of them and growing at a much faster pace.  Major six benefits of switching to Electric Vehicles (EVS) 1)Income Tax Benefit- A deduction of 1,50,000 is allowed under section 80EEB on the interest paid on loan taken to …

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INCOME TAX RETURN: Now you will also be able to do ITR file in your nearest Post Office, know how?

Now filing IT return will be easy, because India Post is also now giving you the facility to file ITR at the Common Service Center (Post Office, CSC) counter of your nearest post office. Let us tell you that India Post has already announced about this. Which is a big relief and good news for …

INCOME TAX RETURN: Now you will also be able to do ITR file in your nearest Post Office, know how? Read More »

Income Tax Department

Income Tax Department conducts searches in Hyderabad (real estate activities)

Income Tax Department carried out a search and seizure operation on 06.07.2021 on a group based in Hyderabad. The group is engaged in real estate, construction, waste management and infrastructure. The activities of waste management are spread across India while real estate activities are mainly concentrated in Hyderabad. During the course of search and seizure …

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Recommendation from CA Association(Surat) to intervene and simply re-activate the previous IT Portal

Chartered Accountants Association, Surat Ref: CAAS/Representations/2021-22/05 To, The Prirne Minister, 152, South Block, Raisina New Delhi – 110011 Sub: Succour for Current income Tax Portal Turmoil Respected Pradhan Sevak, In this hour of a national catastrophe in the form of denial of service by Income Tax Portal, Chartered Accountants Association, Surat, hereby offers its succour to …

Recommendation from CA Association(Surat) to intervene and simply re-activate the previous IT Portal Read More »