Venkkatesh K income-tax direct-tax, income-tax, income-tax-act, India, questions-and-answers 0
With the Finance Act 2017, a new section 269ST has been incorporated in the Indian Income Tax Act, 1961 which completely deals with what happens when any Person received an amount of Two Lakh (2,00,000) or more Indian Rupees in Cash. Section 269ST, clearly says that No Person shall receive an amount of 2,00,000 or […]
Venkkatesh K income-tax direct-tax, income-tax, India, pan-card, questions-and-answers, Taxation 0
With the Finance Act 2017, section 139AA has been introduced in the Income Tax Act 1961, which deals with quoting of Aadhar Number or Enrolment ID of the Aadhar Application while obtaining the PAN (Permanent Account Number) or while submitting the Return of Income through ITR Forms. On, April 5th of 2017, the Commissioner of […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 0
An Income Tax Assessee can login to his account using his PAN Card Number, Password and Date of Birth. So, before that the Assessee must have created an Account at Income Tax India e-Filing website using his PAN Card Number. Login to Income Tax e-Filing Once an Assessee created his Account at efiling website he […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 1
Know your Jurisdiction Assessing Officer form available in the Income Tax Department e-Filing website provides the searching facility to look out the complete name of an Assessee along with his Jurisdiction and other details. Add caption It is a useful took for Auditors and Chartered Accountants to know the Surname, Full Name, and Jurisdiction of […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 0
Whose Total Income crosses Exemption limit for the Previous Year has to submit their Income Tax Returns for that year. And the submission of the IT Returns can be done either through Manual Filing by filling the proper summary information in the ITR Formats in Hard Copy; or e-Filing at income Tax e-Filing website by […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, pan-card, technical-guide-of-income-tax-filing 1
In Income Tax Department e-Filing website we can trace out the PAN details like PAN Card Number, Name of the holder. In India anyone can get the PAN details of an Assessee without knowing the PAN Card Number, but we must know few details of the PAN Card Holder to know it. Know PAN Card […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, pan-card, technical-guide-of-income-tax-filing 1
After a Person or a Company applied for the PAN Card either from NSDL or UTIITSL Organization, he will get the PAN Card within 20 to 35 working days. After about 15 days he can track the status of his PAN Card Application from the concerned website that he applied for. PAN Card Application Status […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, pan-card, technical-guide-of-income-tax-filing 0
In order to get a Loan from any Bank most of the Banks primarily asks you to submit your Income Tax Assessment papers of previous Three Years. So, to avail any loan you must have submitted your Income details to the Income Tax Department of India. For that you must have a PAN Card with […]
Venkkatesh K Uncategorized direct-tax, E-Filing, income-tax, India, questions-and-answers, Taxation 0
Filing Income Tax returns through Online is simple and easiest way. And most of the Assessees just opens their e-filing Account just one a year at the time of e-Filing their Income Tax returns. Few of them could forget their password to login. They can create a new password with Forgot Password feature. Reset Password […]
Venkkatesh K Uncategorized direct-tax, income-tax, India, Taxation 0
For the purpose of Income Tax the term Company has wider meaning in the provision of Income Tax Act, 1961 than the Companies Act, 1956. As per the Income Tax Act, 1961 the expression Company means Any Indian Company as defined in Section 2(26); or Any Body Corporate incorporated by or under the laws of […]
