Gaurav Shrishrimal

Section 80DDB – Diseases Covered & Deductions Allowed

Under Section 80DDB, taxpayers having dependents with specified diseases(mentioned below) can claim deductions up to ₹1 Lakh for payment made…

5 years ago

Section 80 Deductions – Claim deductions other than under Section 80C

As mentioned earlier Section 80C allows deductions of up to ₹2,00,000 in your taxable income. There are a few other…

5 years ago

Section 80C Investments – Interesting Facts

Section 80C is the most important provision to save tax by accommodating a long list of expenditures or investments. Here…

5 years ago

Section 80C Investments – Explained in Brief

Section 80C takes up considerable space on Form 16 and enables you to reduce your taxable income by up to…

5 years ago

What is Form 16? Describing Form 16A & Form 16B

Form 16 is a TDS(Tax Deducted at Source) Certificate issued by your employer. It contains a detailed record of income…

5 years ago

Section 80TTA – Exemption for Interests Earned on Savings Account

All of our salaries or payments are credited in our bank accounts and we earn a small interest of 4-6%…

5 years ago

Filing Income Tax Return – Documents & Information Required

Last date to file your Income Tax Returns is usually 31st July for the previous financial year – for FY…

5 years ago

Applying for a Job? List of Documents required

Secured a job recently or heading out for a job interview? Follow the check list below and keep the documents…

5 years ago

Income Tax Return: What, How & Why?

Income Tax Return (ITR) is a form where taxpayers declare their taxable income, deductions and tax payments to the Income…

5 years ago

Income Tax Returns – ITR 1, ITR 2, ITR 3, ITR 4 – All you need to know

There are 7 different types of Income Tax Return Forms to be filed based on the eligibility of a person.…

5 years ago