Author: Shan

How to verify Aadhaar linking status with PAN?

In the previous post we might have seen about how to link Aadhaar with PAN   Step 1: Go to Aadhaar Verification Status link – https://www1.incometaxindiaefiling.gov.in/e-FilingGS/Services/AadhaarPreloginStatus.html   Step 2: Enter PAN ,Aadhaar Number and...

How to link Aadhaar with PAN?

IncomeTax Department has made it mandatory to lin Aadhaar with PAN.Let us see how to do it instantly via online in this post Step 1: Go to site https://www1.incometaxindiaefiling.gov.in/e-FilingGS/Services/LinkAadhaarHome.html Step 2:  Enter your PAN ,...

How interest rate is calculated on EPF scheme?

Ever wondered how interest on your EPF savings is calculated? It is neither like Fixed Interest or Compound Interest.It’s completely different way it’s calculated. Interest Rate & Interest Payout Unlike Fixed Deposit where interest...

EPF Interest Rate over the years

Here is the list of EPF Interest rate over the years from 1952 when EPF was first started, From a low of 3.5% it rose to 12.5% and now currently it’s around 8.5%

PF Deduction & IncomeTax Return

PF Contribution is entirely deductible from Taxable income and this corresponds only to Employee Contribution and not Employer Contribution. Under which section PF contribution can be claimed as deduction? 80C is the section under...

Income Tax Return Preparation Utilities with Form16

IncomeTax Return preparation Utilities can be downloaded from here https://www.incometaxindiaefiling.gov.in/downloads/offlineUtilities For each and every IncomeTax Return two kind of Utilities are provided one is Excel and another is Java Utility and both can be...

What is ITR-V?

ITR-V is known as Income Tax Return – Verification Document. This document is generated whenever you file an IT Return Online without verifying it. How to verify Income Tax Return Online The ITR-V document...

Ways to verify Income Tax Return

Whenever we file an Income Tax Return, we should verify Return.Long ago, there was only one way to verify Tax Return , that is we need to send the ITR return all the way...