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Showing posts with label Automated Income Tax Form 16 Part B for A.Y.2019-20. Show all posts
Showing posts with label Automated Income Tax Form 16 Part B for A.Y.2019-20. Show all posts

Sunday, 4 November 2018

A tax-payer who has taken benefit under Section 80TTB cannot take tax benefit under Section 80TTA, because benefits under Section 80TTB and Section 80TTA are exclusive.

Thursday, 11 October 2018


A tax-payer who has taken benefit under Section 80TTB cannot take tax benefit under Section 80TTA, because benefits under Section 80TTB and Section 80TTA are exclusive.

Thursday, 13 September 2018

As per the latest Finance Budget 2018-19, it appears that the Tax Slab as same as the previous Financial Year, but one most profitable section has introduced by this Finance Budget, " Standard Deduction Rs.40,000/-.

The Salaried persons can reduce their tax burden for the financial year 2018-19. More one good news for Sr.Citizen that the exempt U/s 80TTB up to Rs. 10,000/- which is also newly introduced by this Finance Budget