Home - Taxation

Taxation

Ask and discuss on various taxation topics like Income tax, Service Tax,VAT etc.

Download in Excel Income Tax Calculator FY 2017-18, AY 2018-19 Free

Income-tax-fy2017-18-excel

Download Income Tax Calculator FY 2017-18 & AY 2018-19 in Excel – Income Tax Calculator for Financial year 2017-18, AY 2018-19 have been created in excel format for free download. This calculator is exclusively designed for Government Employees or Bank employees based on their wage settlement. There is a provision for  additional calculation of Income tax on arrears post 11th ...

Read More »

How To Link PAN with Aadhaar through SMS ?

Linking Aadhaar Number with PAN is compulsory as per the Income Tax law. It is also mandatory to file e Returns. Government has made it mandatory to link all Permanent Account Number (PAN) of individual with Aadhaar Number. As per the law, all PAN numbers which are not linked to Aadhaar card will become invalid soon. The Income Tax Department has ...

Read More »

New ITR Form For 2017-18, e-filing Mandatory for Demonetization Cash Transactions

New-ITR-form

Income Tax department has notified new Income Tax rationalized form Sahaj Form – I for filing income tax returns. They have also made Aadhaar number and disclose bank deposits of more than Rs 2 lakh post-demonetization i.e. November 9 to December 30, 2016 mandatory.  The Income Tax Return Form-1 (Sahaj) will replace the existing 7-page form. Sahaj form – I makes ...

Read More »

Download Income Tax Calculator FY 2016-17, AY 2017-18 in Excel Format

Download income tax calculator AY 2017-18

Income Tax Calculator for FY 2016-17 and AY 2017-18 is now available for download in excel format exclusively on Askbanking.com. This Income tax calculator is very much useful for Government employees especially for Bank employees for easy calculation of their salary income tax and deduction on arrears paid due to promotion and increase in Pay scale. Download Income Tax Calculator ...

Read More »

Why is it needed to File Tax Return of Dead Person ?

ITR Death person

As per Income Tax rule section 159 , it is necessary to file tax return of dead person if liability incurred. It is the duty of the legal heir to file the tax returns of dead person or any one who claim the assets of deceased. How Much Income Tax needed to pay by Legal Heirs ? As per the ...

Read More »

Professional Tax Slab Rate All States

Professional Tax Slab Rate All States in India. This is the complete list of all the state collecting professional Tax from all the individual along with the Tax slab rate for Financial year. Professional Tax Slab Rate for Different States  West Bengal Professional Tax Slab Rate Tamil Nadu Professional Tax Slab Rate Orissa Professional Tax Slab Rate  Meghalaya Professional Tax ...

Read More »

West Bengal Professional Tax Slab Rate

West Bengal Professional Tax Slab Rate FY 2015-16 – Proessional Tax slab rate for the state of West Bengal for this financial year. The professional tax charged as per the gross salary income on monthly basis. West Bengal state Government charge Professional tax on all type of professional services like  salaried individuals of government , non-government entities, Private practicing in any profession i.e. Doctors, ...

Read More »

Tamil Nadu Professional Tax Slab Rate

Tamil Nadu Professional Tax Slab Rate FY 2015-16 – Proessional Tax slab rate for the state of Orissa for this financial year. The professional tax charged as per the gross salary income on monthly basis. Tamil Nadu state Government charge Professional tax on all type of professional services like  salaried individuals of government , non-government entities, Private practicing in any profession i.e. Doctors, ...

Read More »