Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.

Blogs

Filing of Income tax returns – Interest, penalty, other facts

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Have you missed your tax filing deadline of 31st July, 2010 for FY 2009-10?  Nothing to worry. You can still file your Return for the FY...

Investment in scientific research or rural development and save taxes- 80GGA

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

In case you are not engaged in any business or profession and have made donation for scientific research or rural development, then you a...

Save taxes and secure future -pension scheme of Central Government 80CCD

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019

(1) Where an individual employed by the Central Government deposits any amount under a pension scheme notified by the Central Government,...

DTC – Impact on taxability for salaried individuals – EEE vis-à-vis EET

News & FAQs | By ALOK PATNIA | Last updated on Jan 19, 2011

The Government of India is keen on scrapping the age old Income Tax Act, 1961, and implementing a new Direct Tax Code. Direct Tax Bill ha...

Save taxes on payment made for medical treatment- 80DD

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

The Income Tax Act provides the facility to an assessee being a resident individual or Hindu Undivided Family, of claiming deduction unde...

File Income Tax Return on time to get prompt refunds.

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Employers usually withhold a certain percentage of your salary for the payment of income tax. But sometimes, these withholdings are great...

FAQ’s on Income Tax Return Filing

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

For the financial 01.04.2009 to 31.03.2010, the last date of filing of income tax return was 31st July, 2010. However the return of incom...

Invest in infrastructure bonds and save taxes- 80CCF

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

An investment upto a maximum of Rs.20000 in infrastructure bonds would be deductible from your taxable income. This deduction will be ove...

Reduce your taxes towards payment made for medical treatment – 80DDB

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Under the provision of Income Tax Act, a resident individual can claim deduction under section 80DDB for actual payment towards the medic...

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