How to use Form 16 for filing the income tax return?

What does the letter with 142 (2) mean. What are the reasons we get such letters from from the Income tax office?

hi, What does the letter with 142 (2) mean. What are the reasons we get such letters from from the Income tax office.

What does the letter say?

This is the first time I am going to fill the income tax return for me.Company has provided me with the Form 16 for the Financial year 2008-2009,but I don't know how to use the values in Form 16 to fill them in ITR1.Can anybody please help me?

Is it possible to down load the latest circular showing rate of Income tax for handicapped pensioners

I am interested to know the latest income tax rates of income tax department.
Rate of Income Tax is made applicable as per your "status" as per the Income Tax Act e.g. Individual, HUF, partnership Firm, Company etc.,. There is no separate rate of tax for handicaps but they do have certain amount of deduction from income under section 80U. It is better you consult tax consultant.

How NRIs can fill forms for Income Tax returns?

We heard many time that submission of Income tax return has been simplified but most of the NRIs still do not know how to submit income tax return. designated bank suggest to hire CA. Can any body guide properly.

It is true. Even the simplified returns are difficult to understand for ordinary people who dose not have tax knowledge. Actually Saral 2-D was simple with 1 page. The advantage now is no need to enclose any thing, no need to prepare a statement of total income and other statements. If you do not know how to fill it, then you have to take the help of some one for free or you must contact a C.A and pay for his services.

Where can I find proscribed Form of Income Tax Assessment to submit to the employer for Ass.Yr2009-10?

I am a government employee and I have to submit Income tax assessment to my employer. So I an in need prescribed form for that.
If you want Income Tax return forms, the you can obtain it from the Income Tax web

The govt promoted home loan and in the new income tax code wants to eliminate benefits. it is fair.?

The government allowed all sorts of benefits on home loans and now in the new income tax code, it is to be eliminated. is it fair. how do you take it. besides all financial benefits including pensionary benefits are to be taxed. where is the incentive. there is no meaning for welfare savings. should not the home loan benefit be continued to promote housing sector.