Capital gain exemption is one of the important points to go through while selling capital asset like land, building, plot etc. So instead of choosing way of tax evasion, Learn
Tarannum Khatri is Chartered Accountant of India and Founder of Taxmasala.in. She is currently practicing in taxation field. Besides practice, she loves music and reading great minds..You connect with her on FB by clicking button on right side.
Rental income is taxable from the point of view of income tax and service tax. Many times tax payers forget to include or consider rental income while showing income. I
No one is unaware of TDS in India. However, it is necessary to know how tax deductions work when TDS is deducted from your payment frequently.In general, the total income
Under the Income Tax Act, 1961, Rule for rebate u/s 87A has been inserted and in the Budget Speech, by The Honorable Finance Minister had said that, “Nevertheless, I am