e-Return Intermediary

e-Return Intermediary Electronic Furnishing of Return of Income Scheme was launched by the Income Tax Department (ITD) to enable assessees to electronically file their returns of income through authorised e-Return Intermediary on their behalf. The registered e-Return Intermediaries are allowed…

ITR-V Acknowledgement – Submission to CPC

ITR-V Acknowledgement - Submission to CPC ITR-V is the acronym for ‘Income Tax Return–Verification’ Form. It is a single-page document that is received when an ITR is filed online without using a digital signature. ITR-V is provided by the Income Tax…

Enquiry of Challan Status

Enquiry of Challan Status The Income Tax Department facilitates taxpayers to track the status of their challan deposits through an Enquiry of Challan Status on TIN-NSDL website. Enquiry of challan status enables the taxpayers to verify whether their tax payments…

Income Tax Demand Notice

Income Tax Demand Notice If a taxpayer’s income tax return is in conflict with the assessment made by an Income Tax Officer, the taxpayer will be issued an income tax demand notice. Income tax demand notice is issued if the taxpayer has deposited lesser…

Notice for Defective Return

Notice for Defective Return An income tax return is considered to be defective if it is not filed in accordance with the requirements of Income Tax Law. If a taxpayer has filed a defective income tax return, the taxpayer will…

ELSS

ELSS - Equity Linked Saving Scheme Equity Linked Savings Scheme is a tax saving mutual fund approved under the Income Tax Act. Under the scheme, through investment, an individual can save upto INR 1,50,000 in a financial year, under Section 80C…

Salary Slip Format

Salary Slip Format Salary slip also known as a pay slip is provided to employees to record their monthly pay and allowances. It is a document that makes the employees aware of their incomes and deductions as it would differ…

Form 39

Form 39 - Income Tax Form of application for registration as authorised income -tax practitioner [maxbutton id="17" url="https://www.indiafilings.com/learn/wp-content/uploads/2018/04/Form-39.pdf" text="Download Form 39 in PDF Format" ]