Benefits of U/s 80GG with Automated Income Tax All in One for the Govt & Non-Govt Employees for the F.Y.2020-21 with New and Old Tax Regime U/s 115 BAC.
Section 80GG is an uncommon arrangement under Chapter VI-A of the Income Tax Act, 1961, which gives tax respite to the individuals who don’t benefit house rent stipend. To get qualified for tax derivation under this section, an individual must dwell in a rented property. Besides, his/her manager ought not to give home rent recompense […]
Did you get any advancement salary or arrears of salary? If genuinely, you might be worried about the tax consequences of the same. Should I have to pay taxes on the total taxable amount? Shouldn’t something be said about the tax checks of the prior year, and so forth? Taxpayers who have such requests in […]
Auto Calculate Income Tax All in One for Bihar State Employees for F.Y.2020-21 as per New and Old Tax Regime U/s 115BAC
In Budget 2020 introduced a new Section 115 BAC for the F.Y.2020-21. This Section 115BAC have an option that you can stay in the Old Tax System along with all the Income Tax Exemptions as per the F.Y.2019-20 and you can Opt in the New Tax Regime Excluding any Exemptions of Income Tax as the […]
Automated Income Tax Calculator All in One for the Andhra Pradesh State Employees for F.Y.2020-21 as per U/s 115 BAC
All the taxpayers are known that the new system introduced in Budget 2020 U/s 115 BAC For the F.Y.2020-21. In this method you’ll choose your option as Old Tax Slab or New Tax Slab U/s 115 BAC. In this regard, you want to know your Tax that you simply shall be paid to the government for the fiscal year 2020-21 and Assessment […]