Financial Transactions Which May Attract Income Tax Notice

In this digital world do remember all your financial transactions may be supervised and monitored by the Income Tax Department. Infact Financial institutions should report “High Value Transactions” to the I.T Department mandatory. To know which transactions may levy income tax notice on you, read the full story- Savings a/c Deposits– In any case ifContinue reading “Financial Transactions Which May Attract Income Tax Notice”

Not Filing ITR Thinking That Your Salary Doesn’t Fall Under Tax Bracket? “You Can File IT Returns To Claim Deductions and Exemptions”!

Many salaried employees neglects to file Income Tax Returns(ITR) thinking that their salary doesn’t meet the threshold limit of 2.5 Lakh Per annum. But do you know that you can still file ITR to claim TDS Deductions; if any and avail tax exemptions under various investment options?Surprised! Read the full article and you will haveContinue reading “Not Filing ITR Thinking That Your Salary Doesn’t Fall Under Tax Bracket? “You Can File IT Returns To Claim Deductions and Exemptions”!”