Atal Pension Yojana or APY is the Government Of India's flagship social benefit pension program. Earlier when it was launched, there were no tax benefits. However, now APY is treated like NPS for tax benefits. Let us see the APY or Atal Pension Yojana Tax Benefits under Sec.80CCD(1) and … [Read more...]
How to find Income Tax Assessing Officer or AO details?
Whenever you have any Income Tax issues, then you have to contact your Jurisdictional Assessing Offer or AO. How to find Income Tax Assessing Officer or AO? Also, how to contact him? Income Tax Assessing Officer or AO meaning Assessing Officer or AO is an individual officer appointed by Income Tax … [Read more...]
Income Tax Helpline – Toll Free customer care numbers
Many of us have issues or doubts about Income Tax. In such situation, how can we contact Income Tax Department and what are the toll-free customer care numbers of the Income Tax Department? The answer is Income Tax Helpline. When can you use Income Tax Helpline? # Income Tax TAX and PAN General … [Read more...]
How to verify fake GST Bill and GST number?
All of you might be aware that now instead of VAT, GST is the norm in all our shopping bills. However, there may be few instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, let us understand how to identify or verify fake GST Bill and GST number.We usually … [Read more...]
Clubbing of Income of spouse and child -Tips to save tax
Many of us invest in the name of our spouse or kids and feel that we can easily avoid taxes. But it is not true in many cases. Because even though the earning is in your spouse or kids name, Clubbing of Income provisions apply and you have to pay the tax. Let us see the applicable rules in this … [Read more...]
How to check status of PAN card active or not without login?
The IT Department recently confirmed that as on July 27, 11,44,211 PANs have been identified and deleted or deactivated in cases where multiple PANs were found allotted to one person. Hence, it is best for you to check status of PAN card active or not online without login. What are the reasons for … [Read more...]
Aaykar Setu App – IT Dept initiative with lot of features
Today Finance Minster launched the new initiative called Aaykar Setu App and the same feature in IT Department portal. There are many new features which are user-friendly. Let us see the features. Ayakar Setu App and Website Features # Ayakar Setu App features To download the Aaykar Setu App, you … [Read more...]
All about 15 digit GSTIN (Goods and Services Tax Identification Number) format
Now the noise of GST will certainly come down as the GST is a reality from 1st July 2017. There are certain changes in the system. One such change is TIN of VAT regime to 15 digit GSTIN (Goods and Services Tax Identification Number). Let us see what is this number and how to identify it.Note:- … [Read more...]