Don't Worry , Be Happy !
First look on the newly notified income tax form ITR-1 for Asst Yr 2011-12 which is named Sahaj (means easy) shows that there is an inadvertent mistake . D19 field of the form tells taxpayer to fill “Exempt income only for reporting purpose (From Dividend,Agriculture Income “ . However it says that it should be [...]
Sahaj–the new simplest return form for individuals & a special form Sugam for persons prepares P & L account of business business on presumptive basis u/s 44AD and 44AE for Asst Yr 2011-12 notified . The Finance Minister had promised to introduce simplest form for the class of tax payer who are having income under [...]
The form used is Form No 35 and following copies in duplicates are required to be enclosed
Statement of facts
Assessment order or penalty order or copy of order (in any other case )
Notice of demand (in original )
Saral Income Tax Return Form SARAL II (ITR 1) for Assessment Year 2010-11 for Individuals. This return can be used by individuals having income from Salary/Pension/Income from One House Property (Excluding loss brought forward from previous years) / Income from Other Sources (Excluding winning from Lottery and Income from Race Horses).
Updated My mother (75) was suffering from high blood pressure and experienced stroke in the left side of the brain causing paralysis of the right half of the body,what is medically termed as “right sided hemiplegia ” .She is now bed ridden since 18.12.06 . My question is —————- 1.Does it come under ‘disability’ as...
The proposal of Cyprus government to impose a 7.5% tax on all money kept in fixed deposits in the … [Read More...]
Form 15G or 15H are declaration for individual residents and HUF that they have neither taxable … [Read More...]
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