Income tax returns: Save tax on residence rent

Salaried employees have numerous avenues to save tax. But self-hired men and women do not have options like popular deduction, worker provident fund, the deduction for house hire allowance, and many others. However, there are a few tax blessings/investment avenues to be had to self-employed as nicely. Let us see what these are. House rent […]

Aadhaar now obligatory for filing Income Tax Return

In a large win for the authorities, the Supreme Court of India nowadays upheld the constitutional validity of Aadhaar. However, the apex court docket also positioned a number of curbs on practices that had raised fears of facts robbery, and violation of privateness. Among many measures introduced, the SC made it obligatory PAN (Permanent Account […]

Earned foreign income

In the era of technological globalization, it’s miles commonplace for a man or woman or enterprise to earn earnings in a country aside from u. S. Of residence. Such an instance, in which you are resident in one united states but have the source of earnings in another, may also supply rise to feasible double […]

Record profits for Manchester United

Manchester United earned 590 million kilos (777 million US bucks) in revenue inside the 2017-18 season in line with the membership’s contemporary economic results published on Tuesday. The 590 million kilos in sales is almost ninety million more than the five hundred. Five million earnings currently posted with the aid of United’s town associates, Manchester […]

Income Tax Return

Once more the CBDT has prolonged Income Tax Return (ITR) filing deadline from September 30 to now October 15. This comes as a big relief for taxpayers who have now not but filed their ITR. While taxpayers believe it is a few days’ breathers in submitting ITR, however, there are certain sections that they may […]

Income tax remedy for companies

The authorities on Monday gave a far desired comfort to commercial enterprise entities by extending the closing date for submitting Income Tax Return (ITR) and audit report for financial 12 months 2017-18 via a fortnight to October 15. The extension is anticipated to provide enterprise entities with enough time to reconcile their figures inside the […]

Income Tax replace Deadline for filing ITR

The Central Board of Direct Taxes (CBDT) on Monday extended the closing date for filing income-tax returns and audit reports for the evaluation year 2018-19 by way of another 15 days to October 15 for certain classes of taxpayers. This is applicable for corporations with an annual turnover of Rs 2 crore, which is also […]

Falling agricultural earnings

On Tuesday, Rahul Gandhi quite much set the Congress schedule for the 2019 polls when he stated that “the primary combat in India is between farmers and the segregated sections on the one hand, and rich industrialists on the opposite”. This time around, although, angst at the farm gate isn’t due to negative harvest, however […]