Income Tax

admin on April 21st, 2011

1) What does the Income Tax Department consider as income? The word Income has a very broad and inclusive meaning. In case of a salaried person, all that is received from an employer in cash, kind or as a facility is considered as income. For a businessman, his net profits will constitute income. Income may […]

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admin on April 21st, 2011

1) What is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is levied on the strength of an Act called “Income tax Act” which was passed by the Parliament of India. 2) What do you mean by income earned in India? […]

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admin on April 21st, 2011

Fringe Benefit Tax (FBT) on Employee Stock Option Plans (ESOPs) (Ebook in Hindi) FBT on ESOPs in Hindi

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admin on April 21st, 2011

An excellent free ebook on Tax Assessment of Charitable Trusts and Institutions prepared by income tax department. Do use it. – Tax Assessment of Charitable Trusts and Institutions

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admin on April 21st, 2011

Here is an excellent ebook from income tax department providing complete information on how to file income tax returns. Do use it. – Filing your Tax Returns

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Here is a very exhaustive free ebook on taxation of salaried Employees, Pensioners and Senior Citizens – Taxation Of Salaried Employees, Pensioners and Senior Citizens Please note that the rate slabs might change from year to year and hence should be taken into consideration.

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admin on April 21st, 2011

These are some free ebooks from Income Tax Department on computation and assessment of Tax deduction at source, popularly known as TDS – 1) TDS on Salaries 2) Tax deducted at Source other than salaries – 1 to 63 3) Tax deducted at Soruce other than salaries – 64 to 86

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admin on April 21st, 2011

A free ebook, very easy to understand, on assessment of income from house property – Assessment of Income from House Property

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admin on April 21st, 2011

Here is a free ebook on how to compute and calculate your capital gains – How_to_compute_your_capital_gains

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admin on April 21st, 2011

1. What Is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department. A typical PAN is AABPS1205E. 2. Why Is It Necessary To Have PAN? It is mandatory to quote PAN on return of income, all correspondence with any income tax […]

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