As per the Income Tax Act, 1961, it is applicable under the head ‘Income from Other Sources’ during your Income Tax Return (ITR) filing. Introduced in the Finance Bill of 2013, Section 80TTA deduction ...
Income tax department: KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even imposing late filing fees of Rs 5,000 in cases where the ITR ...
Inoperative SBI bank account: The bank emphasised the importance of carrying out regular transactions in accounts and preventing categorization into inoperative accounts, according to the SBI press ...