Tax Payment Mistakes

What if I have paid tax in the wrong assessment year?

While the payment of tax most important thing os the selection of Correct Assessment year. Many tax filers get confused with the Previous Year and Assessment year and proceed with payment of tax I wrong year.

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ITR 1 FY 2019-20 (AY 2020-21) Eligibility & key changes

The government of India has finally released the first Income Tax return form for FY 2019-20 (AY 2020-21) and the released form is ITR 1.

What if I have paid tax in the wrong assessment year?

While the payment of tax most important thing os the selection of Correct Assessment year. Many tax filers get confused with the Previous Year and Assessment year and proceed with payment of tax I wrong year.

COVID 19 & TAX RELIEF

Keeping in view the immense impact of COVID 19 outbreak all over the world, the Ministry of Finance has taken some steps to provide relief to taxpayers of our country. The government is aware of the fact that during this lockdown period it is almost impossible to fulfill the entire compliance requirement on time and in order to provide relief to taxpayers, the Finance Ministry has made some announcements to ease the pressure of compliance.

Must read

ITR 1 FY 2019-20 (AY 2020-21) Eligibility & key changes

The government of India has finally released the first Income Tax return form for FY 2019-20 (AY 2020-21) and the released form is ITR 1.

COVID 19 & TAX RELIEF

Keeping in view the immense impact of COVID 19 outbreak all over the world, the Ministry of Finance has taken some steps to provide relief to taxpayers of our country. The government is aware of the fact that during this lockdown period it is almost impossible to fulfill the entire compliance requirement on time and in order to provide relief to taxpayers, the Finance Ministry has made some announcements to ease the pressure of compliance.

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What if I have paid tax in the wrong assessment year?

While the payment of tax most important thing os the selection of Correct Assessment year. Many tax filers get confused with the Previous Year and Assessment year and proceed with payment of tax I wrong year.

All About Gratuity

Employers out of gratitude to their retired/retiring employees for their service honors them for their loyalty by giving them gratuity, a monetary payment. It is basically a type of a ‘retirement benefit’. In Hindi, gratuity means “उपहार”. We can also call gratuity a gift, present, perquisite, etc.

What if I have paid tax in the wrong assessment year?

While the payment of tax most important thing os the selection of Correct Assessment year. Many tax filers get confused with the Previous Year and Assessment year and proceed with payment of tax I wrong year.
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