Income Tax law
Twenty employees of a company sent a query regarding the employer who is neither depositing the TDS being deducted, nor issuing the Form 16 to the employer. Below are the exact question and the remedial measure against such erring employers:
Reader: Your article on "Not Filed Last Year's Tax ...
Ministry of Finance rationalizes the strategy behind the New Direct Tax Code as:
“…Any complex tax legislation increases the cost of compliance as well as administration. Given that the cost of compliance is essentially regressive in nature, this undermines the equity of the tax system. Similarly, high cost of administration ...
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- NGOs receive shocks from tax notices
- Tax evasion checklist: Taking benefit of basic exemption limit twice in a year
- Tax evasion checklist: Withdrawing PF within five years of joining a company
- Tax evasion checklist: Both spouses claiming tax benefit on same expenses
- Tax evasion checklist: Not paying wealth tax on second house
As a software engineer, I was always concerned about return filing. Taxspanner website has made me confident of doing taxes on my own..
Software Engineer, Bangalore



















