frnd income tax is d payment u have 2 give 2 d government for income u earn by urself ................................... ....................... jocks apart dear frnd it is d tax charged on ur income if it is more than 1.2 laks PA...income tax government ki taraf se lagaya jane wala tax hai jo aapki earning par lagaya jata hai jo sarkar apni revenue me show karti hai...income tax is certain amt
Posted in
Delhi by harish
at
4:17 PM on March 07, 2008
have a identification in the government....no necessary...yes it is necessary for everyone who has filled income tax returns....PAN represents permanent account number.as we know that the income we earn has document...if u r fulfilling the desireness of income tax office like if u have car or flat or house in ur name or filling criterias of income tax than u need to fill income tax form and than u need pan card
Posted in
Law by Rajesh
at
4:12 PM on March 28, 2008
be generated which needs to be printed by the tax payers. This is an acknowledgement cum verification form. The tax payer has to fill-up the verification part and verify the same. A duly verified ITR-V form should be submitted with the local Income Tax Office withing 15 days of filing electronically. This completes the Return filing process for non-digitally signed Returns.10 For any assistance in filing
Posted in
Personal Finance & Tax by seeta rani
at
5:03 PM on October 08, 2008
year on the same property on its market value, whether or not such property yields any income. Wealth tax, in India, is levied under Wealth-tax Act, 1957. The Income tax department under the Department for the purpose of the Income Tax Act. http://business.gov.in/taxation /wealthtax.php...tax is charged on the following persons in respect of the wealth held by them during the assessment year: A company. A Hindu
Posted in
Personal Finance & Tax by akash singh
at
9:10 PM on October 07, 2008
filing tax returns. Just because taxes have been paid on your behalf does not mean that filing a tax return is not required. If your combined annual income from all sources is above the amount that is exempt from income tax you are required to file your returns. Your employer gives you a statement called Form 16 at the end of the financial year that shows the tax that has been deducted. You will need
Posted in
Law by nilesh gohel
at
9:14 AM on June 28, 2008
to fill in your current income and as the income is below the taxable limit, the return will show nill tax. But do fill your tax return....yes u fill tax return but nil ok...hi riya this is nadeem war i point in that case....ya u must fill NIL return form...If your income is below taxable, there is no need to file the return....approach a CA,even if it is zero tax,u need to file the returns..plss do,dnt 4
Posted in
Personal Finance & Tax by riya riya
at
8:13 PM on June 02, 2008
You can ask for Form 16 duly filled from your employer once the financial year ends after March. Thereaft...er you have to file returns either through a tax consultant, online or by yourself if you know which income tax office accepts returns for your locality. Form 16 gives you complete details of your salary and the investments you had declared to your employer and balance tax deducted if any
Posted in
Personal Finance & Tax by
Mahesh Iyer
at
1:36 AM on March 27, 2008
to this link or website of income tax http://www.incometaxindia.gov.in/ .INCOME TAX ACT, 1961 AS AMENDED BY FINANCE ACT,Content wise Chapter No. Chapter Heading Chapter I PRELIMINARY Chapter II BASIS OF CHARGE OF TOTAL INCOME ON WHICH NO INCOME-TAX IS PAYABLE Chapter VIII REBATES AND RELIEFS Chapter IX DOUBLE TAXATION RELIEF Chapter X SPECIAL PROVISIONS RELATING TO AVOIDANCE OF TAX Chapter XI ADDITIONAL INCOME-TAX
Posted in
Personal Finance & Tax by seeta rani
at
5:00 PM on October 08, 2008
of "Tax Payer Indentification Number" This number is same for all over India for your tax purpose.Any murchant or firm can apply who are libel to pay VAT or CST....hi thereThe Income Tax Department by National Securities Depository Limited on behalf of Income Tax Department of India ITD. TIN is an initiative by ITD for the modernisation of the current system for collection, processing, monitoring
Posted in
Chennai by
Senthil
at
6:43 PM on September 24, 2008
he will take care of your card..9247312178...fill the form, attach your income proof, and send it to the authorities. they will believe you, as long as you say you are earning n wanna pay tax card, by an Assessing Officer of the Income Tax Department. A typical PAN is AFRPP1595D.You can apply for PAN by filling up Form 49A: Application for Allotment of Permanent Account Number PAN application
Posted in
Personal Finance & Tax by Qetesh S
at
4:17 AM on June 15, 2008
taxable income.Details of tax payments made during the year: This is required only if you have made advance tax payment during the year....Well,You need to fill out a tax return if you: are self-employed are in partnership have income from land and property are a director incur taxable capital gains are sent one...You need to fill out a tax return if you: are self-employed are in partnership have income from land
Posted in
Personal Finance & Tax by Radhe Radhe
at
2:52 PM on May 29, 2008
by the GOvt.. You have to fill up the income tax return form and submit it to IT department....11 Dec 2007 ... No one can apply directly except in case of dependents ... employers 2. employers active project 3Any body apply income tax return if he is liable to pay income tax means his income comes under income tax slab.You apply in income tax office or authorizes centers.For apply the return you need PAN
Posted in
Personal Finance & Tax by
BHIMRAO
at
11:38 PM on March 09, 2008
Tax payers whose total income is likely to be chargeable to tax for the assessment year are required to pay tax in advance during the financial year April 1 to March 31 on their estimated current income, which will be assessable to tax during the next following financial year called assessment year. The current income for this purpose means the total income which will be chargeable to tax
Posted in
Personal Finance & Tax by seeta rani
at
8:03 PM on September 18, 2008
is nothing but it is a charge made by goverenment on the goods, on travelling,medicien, that is a sort of income to the governemnt and these money is used for developing purpose. An income tax is a tax levied on the financial income of persons, corporations, or other legal entities.Look beyond section 80C cut your tax burden further. Remember, you will have to spend under a specific head to claim these sweet little tax
Posted in
Personal Finance & Tax by seeta rani
at
3:37 AM on May 20, 2008
Hi,If you need to quote your PAN card number somewhere but doesnt have your PAN card handy then, here is a link provided by income tax department from where you can know your pan number. You can also
Posted in
Personal Finance & Tax by Anonymous
at
5:33 PM on July 14, 2012