Income Tax rules: 8 income tax rules that will change from april

Income Tax rules: 8 income tax rules that will change from april

Income Tax rules: 8 income tax rules that will change from april

 important income tax rules for individuals which will change from today 

total tax evaded amount) is likely to go up further the as the department plans to investigate all related parties and concerns, bank transactions in India and abroad and about investments made in the foreign shores," the department said in a statement
Note here, that earnings from businesses are not included in this form, and in case you are filing tax for the first time, then there shall be no scrutiny as well

an Ease of Business initiative, those taxpayers who are earning below Rs 5 lakh, they can now file their have an annual income up to Rs 1 crore but more than Rs 50 lakh. These taxpayers to pay an additional

Except for search-related assessments, proceedings in other pending scrutiny assessment cases shall be conducted only through the ‘E-proceeding’ functionality in ITBA/e-filing,” the ET report quoted a letter from the I-T department as saying

Finance Minister Arun Jaitley had, in his budget speech, announced that the process of electronic assessment of tax returns would be launched in the country, which would "almost eliminate person-to-person contact, leading to greater efficiency and transparency

Health insurers typically provide some discount if you pay premium for a few years upfront. But earlier, an individual could claim deduction only up to Rs. 25,000. Under the proposed changes in Budget 2018

Income Tax rules: 8 income tax rules that will change from april 
Income Tax rules: 8 income tax rules that will change from april 

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