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Income Tax

Income Tax Slab Rates for Defence Personnel – FY 2017-18 (AY 2018-19)

December 9, 2017

Income Tax Slab Rates for Defence Personnel – FY 2017-18 (AY 2018-19) INCOME TAX SLAB (FY 2017-2018) Upto Rs 2.5 Lakh/Nil Rs.2.5 to 5 Lakh/5% of amount exceeding Rs.2.5 Lakh Rs.5 Lakh to 10 Lakh/ Rs.12500/- plus 20% of amount exceeding Rs.5 Lakh More than 10 Lakh/ Rs.1,12,500/- plus … [Read more...] about Income Tax Slab Rates for Defence Personnel – FY 2017-18 (AY 2018-19)

Income Tax Department suspends an officer for harassing the taxpayer

December 9, 2017

Income Tax Department suspends an officer for harassing the taxpayer A complaint was received making serious allegations against Shri D. K. Meena, Deputy Commissioner of Income Tax, posted at Surendranagar in Gujarat Region for harassing a taxpayer in a scrutiny case with malafide intention. The … [Read more...] about Income Tax Department suspends an officer for harassing the taxpayer

Income Tax Exemption 5 lakhs to Pensioners – Clarification

December 9, 2017

Income Tax Exemption 5 lakhs to Pensioners – Clarification “Exemption of Rs. 5 lakhs per annum to pension income” Shiv Pratap Shukla D.O.No.370150/9/2017-TPL MINISTER OF STATE FOR FINANCE GOVERNMENT OF INDIA NEW DELHI – 110001 14th November, 2017 Dear Dr. Tharoor ji, Kindly refer to … [Read more...] about Income Tax Exemption 5 lakhs to Pensioners – Clarification

PCDA Circular – List of Taxable Elements of Pay – Income Tax, PUNE

October 31, 2017

PCDA Circular - List of Taxable Elements of Pay - Income Tax, PUNE Income Tax : List of Taxable Elements of Pay – PCDA Pune 1. Taxable Element of Pay Sl. No. Taxable Elements of Pay 1. Pay in the Pay Band 2. Grade Pay 3. Military Service Pay 4. Dearness … [Read more...] about PCDA Circular – List of Taxable Elements of Pay – Income Tax, PUNE

Last date for filing of IT returns extended to 5th Aug 2017

July 31, 2017

Last date for filing of IT returns extended to 5th Aug 2017 The last date for filing of Income Tax Returns has been extended to 5th of August. In a last minute decision, the Central Board of Direct Taxes extended the deadline, which was till today, for filing Income Tax Returns. Income Tax … [Read more...] about Last date for filing of IT returns extended to 5th Aug 2017

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