Automating my ITR-3 filing: generating the tax-return JSON from a spreadsheet Every year around July–August, the same ritual: open the Income Tax Department’s offline ITR utility and spend an evening (or three) typing numbers into a maze of schedules — Profit & Loss, Balance Sheet, depreciation blocks, capital gains, interest, TDS, the works. Continue Reading →
Income Tax Calculator The Excel-based Income Tax Calculator serves to compute taxes on various sources of income, including salary, pension, gifts, fixed deposits, bank interest, house rent, and capital gains (both short and long-term).
Open Letter to Narendra Modi Respected sir, Before anything else, I’d like to thank and congratulate you on furthering the Swachh Bharat Abhiyan with the master stroke of cleaning the black money menace. Continue Reading →
Direct Tax Code (DTC): Highlights and Impact The New Direct Tax Code (DTC) is said to replace the existing Income Tax Act of 1961 in India. Continue Reading →
How to Save Long Term Capital Gains Tax (LTCG) Buying and Selling of Property, Plots, Flats, Land, Independent Houses, Floors or any other form of residential property is a frequent activity in present scenario. Continue Reading →
File Income Tax Return Online Easy steps on how you can file income tax return yourself online, Also use income tax calculator, download income tax forms, check tax rates, refund status, rebate, deductions Continue Reading →
Check TDS deduction, income tax refund Online See how much tax has been deposited on your name from your employer as TDS. Continue Reading →
No need to submit LTA proofs to employer From now on, Employee will not have to submit proofs as evidence, to their employers for getting LTA (leave travel allowance) reimbursement. Continue Reading →
Best Income Tax Saving Mutual Funds I compared ELSS (Equity Linked Saving Scheme) mutual funds on the basis of their AUM (assets under management) size and past performance in 6 months, 1 year, 2 years and 3 years. Continue Reading →
