Category: Tax

How Stockmarkets make people lose money

Previously I have warned about the perils of investing shorterm in Stockmarket by indicating ICICI bank stock and now the entire stock market is in doldrums due to various factors. All these operators work...

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...