LTCG Gain on listed equity shares which is more than 1,00,000/- to be taxed at 10%.
Welcome Health & Education Cess @ 4%
What to do when you get such intimation: You are required to login to your account at ITD website and submit a response online explaining such difference within the stipulated time. In case timely response is not received, ITR will be processed without providing any further opportunities in this regard. This can lead to: Delay in refund processing Demand notice to pay tax, interest and penalty Delay in loan/visa application processing
Dear Non Tax Filer/ Indian Assessee, If your total income earned between 1st April 2014 to 31st March 2015 is more than ₹2,50,000 you must file income tax return before today day end. 31st March, 2016 is the last date to file your FY 14-15 returns! If you miss this deadline, you can attract a penalty of ₹5000! This is also the last chance to file returns for FY 2013-14. Beyond this, you will not be able to file your returns for FY 13-14. We assist, simple and 100% Accuracy! We also offer Call Support to help you file. So … Click here to continue…..
Learn Indian Income Tax Implications for NRI’s ? How do I determine my residential status? Here’s how you can check your residential status for a financial year. You’re considered a ‘resident’ in a financial year if you satisfy one of the conditions below: You are in India for 182 days or more during that financial year OR You are in India for 60 days or more during that financial year AND you are in India for at least 365 days during the 4 years preceding that financial year. An exception is made for Indian citizens working abroad and members of … Click here to continue…..