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Archive for December 2013

Understand your PAN

Understand your PAN: How much do you know about your PAN? Let’s understand few important things about PAN. What is PAN? PAN stand for Permanent Account Number. It is a 10 digit alphanumeric number. It is issued by Income Tax Department. Information on the PAN: Name. Date […]

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What to do if the landlord doesn’t have PAN

What to do if the landlord does not have PAN? As per circular (Circular no. 08/2013, dated October 10, 2013) issued by CBDT, it is mandatory for the employee to provide the landlord’s Permanent Account Number (PAN) to the employer for claiming HRA exemption. However, this circular […]

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Tax deduction for payment of school tuition fees

Tax deduction for payment of school tuition fees for children education u/s 80C: You can claim Income Tax deduction of Rs.1 Lac u/s 80 C for tuition fees paid for education of children. Eligibility: Available only to Individual assessee (HUF not allowed). Maximum number of children: Each […]

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Upcoming MS Excel Trainings:

MS Excel Trainings for Corporates for all levels. Programs for Individuals on Dashboard and Advaanced Excel. Read more....

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