Before understanding the age criteria, it is very important to know that the tax benefits offered under the Income-tax Law to a senior citizen/very...
Showing posts with label Income Tax. Show all posts
Showing posts with label Income Tax. Show all posts
Who is a senior citizen under Income tax law?
Before understanding the age criteria, it is very important to know that the tax benefits offered under the Income-tax Law to a senior citizen/very...
What are the benefits available to a senior citizen and very senior citizen in respect of tax rates?
Senior citizens and a very senior citizen are granted a higher exemption limit as compared to normal tax payers. Exemption limit is the quantum of...
How to pay Incometax,TDS,TCS online?
Step-1
To pay taxes online, login to http://www.tin-nsdl.com > Services > e-payment : Pay Taxes Online or click here on the tab "e-pay...
Where should the books of account of business be kept for income tax and how long ?
All the books of account and related documents should be kept at the main place of business, i.e., where the business or profession is generally...
What books of accounts have been prescribed to be maintained by a person carrying on business/profession under the income tax act?
The Income-tax Act does not prescribe any specific books of account for a person engaged in business or in non-specified profession. However, such...
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