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Pet place supermarket
by Harvey Bice
Considered one of the most important things in existence is in the act of keeping your family animals fit. Anyone who has animals appreciates just how much love they could receive Read More from their four legged members of the family, and so they understand how critical it is ...
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What Is An Aquarium Sump And Why Do You Need One?
by Kevin K.
A sump, when related to an aquarium, is basically just a secondary tank positioned somewhere below the main tank and that is fed with water by way of gravity. The water is returned to the main tank with a pump once it has been processed in the sump. Generally, the volume of the main tank will pass through the sump a couple of ti...
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Part I PACK BEHAVIOR, PACK LEADER-ALPHA MALE
by Jack Lucas
Part I PACK BEHAVIOR, PACK LEADER-ALPHA MALE
Our best friends have been around for thousands of years and for a good deal of that time right beside us. The domestication of the dog, a descendent of the Grey Wolf, is dated sometime between fifteen and thirty thousand years ago. Because dogs are descendents of...
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Taking Care of Pregnant Goldfish and Newborn Fry
by Tun Tun Win
If you own goldfish long enough, at some point you will be faced with caring for their offspring. It is extremely important to properly care for goldfish fry, both in the initial planning stages where you have recently purchased a mating pair or pregnant single, or if you were surprised by an initial batch of eggs one day. The...
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| What are certificate of deposit (CDs)? Posted: 01 Sep 2013 03:55 AM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
According to RBI rules, banks have the freedom to issue CDs depending on their funding requirements, while there are some limitations for financial institutions to raise funds through these instruments. Since CD issuance is governed by strict RBI rules, they carry minimal risks. The minimum ticket size for CDs is Rs 1 lakh.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
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| How to file your Income Tax Returns after due date Posted: 31 Aug 2013 11:27 PM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
Rules bring discipline. And the absence of rules brings chaos. But not adhering to rules, especially when most follow it, is a direct invitation to avoidable hassles. With the date of filing of Income Tax returns surpassing well beyond a week, there are bound to be late filers of returns. While the reasons may differ in each case of late filers of returns, there is one thing common in these people: They are scouting for ways to file IT returns.
Naturally, his priority was the family member and he missed the due date for filing income tax returns. He was anxious about the consequences of defaulting on filing of IT tax returns. He had planned to apply for a home loan.
He knew the importance of having a three-year record of income tax returns as a necessary thing for a bank to approve a home loan application along with a CIBIL score. Like Rajendra, there are many who cannot make it before the deadline in some cases it is the unavoidable circumstances and in some cases it is sheer laziness.
A simple answer to the question is a big Yes. You can file your income tax returns for FY2012-2013 even now. If you do not have any income tax refund to claim it is still quite straight and simple. You can file your income tax returns before March 31, 2014.
If you do not file your income tax returns by March 31, 2014, you will end up paying a penalty of Rs 5000 after that. But don't wait till March 31. Go for it now, especially if you have to pay some income tax on your income. Otherwise you end up paying interest on late filing of income tax, which also attracts income tax.
Since you are already late, there are certain disadvantages you have to deal with. First, you will not be allowed to carry forward losses in the capital gain or business profits category.
Also if you are filing to claim some income tax refund and you are eligible for interest on it, you will not be paid the interest for period of delay at your end.
However, a bigger issue comes in the form of a provision, which allows individuals to submit revised returns, if they file incorrect returns while filing for the first time (original return) for the financial year, if and only if they have filed their returns before the stipulated due date.
If you have not filed your return before the due date, check for necessary details required for filing the returns.
Get all the details of your income right and prepare documents in proper order and importance.
Check if there are some deductions such as Section 80 G associated with donations that fetch you deduction, are also accounted for in the tax calculations as they are not shown in your FORM 16. If you get it wrong, you cannot file revised returns later.
Hence, if you want to double check it, take professional help.
There is nothing wrong if you miss the deadline, but avoid procrastination. It will spoil your financial profile. You need to understand that filing IT returns is not just a legal necessity but also a must exercise for your big-ticket loan applications such as home loans or business loans.
After all, an income tax return filed, can open doors of growth and success for you.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
     | ||||||||
| BNP Paribas Mutual Fund dividend Posted: 31 Aug 2013 07:41 PM PDT Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India)
BNP Paribas dividend
BNP Paribas Mutual Fund has announced dividend under the regular and direct plan of BNP Paribas dividend yield fund. Dividend will be paid at Rs 0.08 per unit.
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com
--------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
------------------ Best Performing Mutual Funds
     |
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