Empowering tax payers to remain ahead with compliance in field of taxation in India
myIndiaTaxes App currently offers
• Tax Calculator for Income Tax in India
• Instant update of GST filing dashboard
This app will be updated from time to time which would provide additional tools to assist tax payer remain complaint with various statutory requirements.
How The App Works
MyIndiataxes App – once downloaded, Tax payer is required to enter mobile number and he receives OTP to activate the App.
Tax Calculator for AY 20-21 and 21-22 may be used covering income from,
a. Salary
b. House Property
c. Capital Gains
d. Business
e. Other Sources
The App further provides entry of payments and investments made which qualify deduction under chapter VI-A where-in eligible deductions are computed and reduce Income from various chapters to arrive at Taxable Income.
The App further provides facility to enter details of advance tax paid along with self-assessment taxes from where interests u/s 234B and 234C are computed.
App also provides user to enter date of filing of return, thereby computes interest u/s 234A.
GST And INDirect Tax Articles
Frequently Asked Question on Accounting for amounts to be incurred towards Corporate Social Responsibility (CSR) pursuant to the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021
Frequently-Asked-Question-on-Accounting-for-amounts-to-be-incurred-towardsDownload
Exemption from IGST granted to relief materials donated from abroad
GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSTAX RESEARCH UNITNEW DELHI [F. No. CBIC-190354/2/2021-TO (TRU-I)-CBEC]…
Tax exemption to travel concession granted by employer up to Rs 36000 – CBDT grants retrospective benefits
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (ii)] GOVERNMENT OF INDIAMINISTRY OF…
Late fee waiver granted for delayed filing of returns
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT…
GST – Turnover above Rs 5 Cr – Interest rate halved; Nil for first 15 days for less than Rs 5 cr turnover
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT…
Trending Posts
Immunity from Penalty, Prosecution & Interest under Income Tax, 1961
Introduction Chapter XXII (Section 275 to 280) deals with offences and prosecutions under the Income…
‘Fasting’ for Stranded Resident Indians & ‘A Half-Baked Cookie’ for NRIs!!
1. Stranded Resident Indians The taxability of a person depends upon his/her residential status in…
Tax on Purchase of Property-Some Points to Keep in Mind while Buying Property
Buying property is dream come true for buyers. Every person wants to earn and purchase…
Trending Posts
Latest Stories
Sec 35CCC – Sanctioned expenditure limit notified for agri extension project
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION…
Sec 35CCC – Sanctioned expenditure limit notified for AY 2014-15 and 2015-16
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION…
CBDT eases Sec 269ST provisions for Covid treatment to patients
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION…
CBIC issues circular on trade facilitation during lockdown period
GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF INDIRECT TAXES AND CUSTOMSNEW DELHI [F.NO.…