What is Form 12BB? Form 12BB is a statement made by an employee to claim tax benefits or to take rebate on investments & expenses. This form needs to be filled by all the salaried employees paying [...]
What is Unique Document Identification Number (UDIN)? Unique document identification number (UDIN) is a system generated number of 18 digits assigned to each and every document certified/attested by [...]
What is Form 61A? It is a record of specified financial transactions furnished by the tax payer under Income tax act, 1961. It is a new concept started by the income tax authorities in order to [...]
What is Form 26QB? As per finance bill 2013, TDS is applicable only on sale of immovable property whose value is equal or greater than Rs.50 Lakhs. Seller needs to obtain form 16B whereas buyer [...]
Government Approved Valuers Government Approved Valuers offer different valuation services in India. It is a non-profit, international body of professionals which represents all types of valuation [...]
Certificate Attestation Certificate Attestation Services are offered by various companies in India but it is difficult to choose a company offering timely and quality Certificate Attestation [...]
Section 80DDB Section 80DDB of the income tax act defines tax saving provisions for individuals that helps them in covering the expenses incurred by them on the treatment of certain specified [...]
Section 80DD Under section 80DD of the income tax act, any resident individual or HUF can claim tax deduction for the medical treatment of an individual dependent on him having disability or severe [...]
Section 80D Section 80D allows you to claim deduction on money spent as premium on health insurance policy and health care of your family members including parents. This deduction can be claimed by a [...]
What is Other Backward Class? Constitution of India defines Other Backward Class as socially and educationally backward class and they are normally classified as a group of people who have [...]
