income tax department Archives - PankajBatra.com https://www.pankajbatra.com/tag/income-tax-department/ A blog on personal finance, India and Life Mon, 26 Feb 2018 12:19:41 +0000 en-US hourly 1 14747219 Income Tax E-filing and its benefits https://www.pankajbatra.com/india/income-tax-e-filing-benefits/ https://www.pankajbatra.com/india/income-tax-e-filing-benefits/#comments Thu, 23 Jun 2011 00:06:19 +0000 http://www.pankajbatra.com/?p=1263 What is E-Preparation of Income Tax Return? E-Preparation of IT Return is the process of preparing your Income Tax Return using a software. The E-Preparation  software can be of 2 types: A. Manual Calculation: Those that allow you to enter your Income Tax data but do not calculate the Income Tax & Refund etc. The […]

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File Income Tax Return Online https://www.pankajbatra.com/india/file-income-tax-return-online-yourself/ https://www.pankajbatra.com/india/file-income-tax-return-online-yourself/#comments Sat, 27 Jun 2009 17:44:05 +0000 http://www.pankajbatra.com/?p=497 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

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Check TDS deduction, income tax refund Online https://www.pankajbatra.com/india/check-your-tax-credits-online/ https://www.pankajbatra.com/india/check-your-tax-credits-online/#comments Wed, 24 Jun 2009 20:07:52 +0000 http://www.pankajbatra.com/?p=516 See how much tax has been deposited on your name from your employer as TDS.

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No need to submit LTA proofs to employer https://www.pankajbatra.com/news/lta-proof-reimbursement-to-employer-not-required-supreme-court-india-ruling/ https://www.pankajbatra.com/news/lta-proof-reimbursement-to-employer-not-required-supreme-court-india-ruling/#comments Thu, 29 Jan 2009 06:00:47 +0000 http://www.pankajbatra.com/?p=213 From now on, Employee will not have to submit proofs as evidence, to their employers for getting LTA (leave travel allowance) reimbursement. Supreme court of India gave ruling that employers, while reimbursing LTA claims of their employees, are under no statutory obligation to collect  evidence and provide them to tax authorities. As per Income tax […]

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Leave encashment non taxable https://www.pankajbatra.com/india/leave-encashment-non-taxable/ https://www.pankajbatra.com/india/leave-encashment-non-taxable/#comments Wed, 06 Aug 2008 19:06:17 +0000 http://www.pankajbatra.com/?p=117 As per section 10(10AA) of income tax in india, leave encashment amount received by employee by a previous employer in full and final statement, is non-taxable. So If you have changed a job in financial year and received leave encashment for the remaining earned leaves (ELs) Just deduct the amount from total income and compute […]

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