Income Tax Act gives complete provision to the tax payer to make rectifications in case there are any mistakes in the tax amount calculated or in deductions made. If you have also come across a situation like this then writing a formal letter to income tax department for rectification is the right thing to do. […]
Continue reading…
Posts tagged with 'Income Tax'
Income Tax Notice Reply Letter Format Under Section 221(1)
If you have received a notice from Income Tax department under Section 221(1) for a certain demand then you must respond to this notice is a formal manner. This notice should express your acceptance of the demand raised or else seek rectification of the same, if you feel that the demand raised in the notice […]
Continue reading…
TDS Interest Calculator Free
Tax Deducted at Source is the way of collecting income tax as per the Income Tax Act, 1961in India. Enjoy the ease of TDS interest calculation using the free calculator which helps you derive the amount as TDS interest once you fill in the basic details concerned with your salary. This is a helpful in […]
Continue reading…
Letter to Income Tax Department for Refund
It happens many a times that while making advance payment of income tax, you end up paying amount more than the actual assessed amount due to some calculation mistake or otherwise. In such a case, you can request refund of excessive tax paid by you. All you need to do is write a letter to […]
Continue reading…
Capital Gains Tax Letter
It is a formal letter from Income Tax Department to inform the tax payer about the taxes that are required to be paid on capital gains. It is a letter demanding the individual to come and resolve the concerning issue related with his tax payments. It must contain the information about the meeting along with […]
Continue reading…