Depreciation Rate Chart as per Income Tax Act

Depreciation Rate Chart as per Income Tax Act Assets are bifurcated in five classes as under for the purpose of Depreciation as per Income Act . Depreciation Rate Chart as per Income Tax Act is provided for below mention assets with different rates Read more [...]
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TDS Rates Chart for FY 2016-17

TDS Rates for FY 2016-17 Over the years there is definite increase in scope of TDS provisions. TDS provision has really become key instrument for Government to get compliance with requirement of Income Tax Law. Assesses has to Read more [...]
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Deduction of Interest on Loan taken for Higher Education

deduction of interest on loan taken for higher education Deduction of Interest on loan taken for Higher education is probably very less known benefit provided by Income Tax Department. Now a days cost of higher education is soaring . Students take loan with Read more [...]
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Income Tax rates for FY 2016-17

Income Tax Rates for 2016-17 Income Tax rates for FY 2016-17 (Financial Year 2016-17)and AY (Assessment Year)2017-18           A. Individuals/HUFs/AOPs/BOI/Artificial Judicial Person A1. Read more [...]
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Income Tax rates for FY 2015-16

Income Tax Rates for FY 2015-2016 Income Tax rates for FY 2015-16 (Financial Year 2015-16)and AY (Assessment Year)2016-17           A. Individuals/HUFs/AOPs/BOI/Artificial Judicial Person A1. Read more [...]
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Cost Inflation Index (CII)

Cost Inflation Index (CII) As per provisions of Income Tax Act, for the purpose of Long term capital gains, Indexed cost of acquisition and indexed cost of improvement are deducted from Sale value consideration. Cost Read more [...]
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Employees to submit Form 12BB to Employer

Employees to submit Form 12BB to Employer. Until now employer were gathering investment details as per their own format and supporting evidence as per their internal HR Policies from employee. Recent Read more [...]
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How to use VLOOKUP function in excel

Vlookup Image 1 How to use VLOOKUP function in excel Background: If you are new in excel or you are fresher and have just joined industry, you probably listen words like VLOOKUP on daily basis. Excel is an integral Read more [...]
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Income Tax rates for FY 2014-15

Income Tax rates for FY 2014-15 (Financial Year 2014-15)and AY (Assessment Year)2015-16 as per Budget-II of 2014.         A. Individuals/HUFs/AOPs/BOI/Artificial Read more [...]
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Income Tax rates for FY 2013-14

Income Tax rates for FY 2013-14 (Financial Year 2013-14)and AY (Assessment Year)2014-15 as per Budget 2013.           A. Individuals/HUFs/AOPs/BOI/Artificial Read more [...]
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