Daily Archives: June 22, 2016

No TDS on 7 Types of Payment to Banks : CBDT

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the Dated: 17th June, 2016 Notification No. 47/2016 INCOME TAX S.O. 2143(E).—In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act, 1961 (43 of 1961) and in supersession of the notification of the Government of… Read More »

Annual Income limit notified for falling under jurisdiction of Lokpal

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 20th June, 2016 S.O. 2155(E).—In exercise of the powers conferred by clause (g) of sub-section (1) of section 14 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014) (hereafter in this notification referred to as the said Act),… Read More »

Avoid Silly Mistakes in Filing Income Tax Return

Avoid Silly Mistakes in Filing Income Tax Return Avoid Mistakes in Filing Income Tax return : Select the Correct Income Tax Return Form  ITR Description ITR 1 (SAHAJ) For Individuals having Income from Salary & Interest. ITR 2 For Individuals & HUFs not having Income from Business or Profession ITR 2A For Individuals & HUFs… Read More »