Unexplained cash credits section 68 of IT Act 1961, where any sum found credited in the books of the assessee, for which he offers no explanation about ….
Source: Unexplained Cash Credits – Section 68 – Finance Tool
Unexplained cash credits section 68 of IT Act 1961, where any sum found credited in the books of the assessee, for which he offers no explanation about ….
Source: Unexplained Cash Credits – Section 68 – Finance Tool
Every payment made by an employer to his employee for service rendered would be chargeable to tax as income from salary. It includes monetary & non-monetary
Source: Computation of Taxable Income from Salary – Financial Tool
If your estimated tax liability exceeds ₹10,000.00 for a financial year, you are liable to pay advance tax. Calculate and pay your advance tax.
Deductions Section 80C to 80U of the Income Tax Act, 1961. Deductions under section 80C, 80CCC and 80CCD(1) together cannot exceed ₹150,000.00
Source: Income Tax Deductions Section 80C to 80U – Finance Tool
If your interest income exceeds ₹10,000.00 a year, bank will deduct TDS. You can sumbit Form 15G or Form 15H to save TDS on interest income.
Source: Form 15G and Form 15H to Save TDS on Interest – Finance Tool
TDS or Tax Deducted at Source is means of indirect tax collection by the income tax authorities in India, under the provision of the Income Tax Act, 1961.