Example 3 For Assessment Year 2018-19 Calculation of Income Tax in the case of an employee below age of sixty years where medical treatment expenditure was borne by the employer (With valid PAN furnished to employer). S.No. Particulars Rupees 1 Gross Salary 5,20,000 2 Medical Reimbursement by employer on the treatment of self and dependent … Read more
Income Tax Calculator Ay 2018-19 – Handicapped Dependent For Assessment Year 2018-19 Calculation of Income Tax in the case of an employee below the age of sixty years having a handicapped dependent (With valid PAN furnished to employer). S.No. Particulars Rupees 1 Gross Salary 4,20,000 2 Amount spent on treatment of a dependant, being person … Read more
Income Tax Return Due Date extended to 31/08/2018 F.No. 225/242/2018/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA.II division) North-Block, New Delhi, the 26th July 2018 Order under Section 119 of the Income-tax Act, 1961 For certain categories of taxpayers, the ‘due date’ of filing income-tax return for … Read more
CBDT – No extension in due date for filing Income Tax CIRCULAR No.4/2018 F.No.370889/25/2018 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 21st July, 2018 Order under section 139(1) of the Income-tax Act, 1961 (‘the Act’) This Circular is issued in pursuant to 139(1) of the Tax … Read more
JCA Of Income Tax Employees Federation And Income Tax Gazetted Officers Association F.No. N-1/JCA/2018-20/ Dated 9th July, 2018 To The Chairman Central Board of Direct Taxes, North Block Respected Sir, Sub :- Agitation on 10-Point Charter of Demands — matter regarding Kindly refer to the above. 2. At the outset, we convey our appreciation at … Read more