HOUSE RENT ALLOWANCE & INCOME TAX IMPLICATION
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INCOME TAX Query 1] My question is regarding HRA deduction from Salary. I am working in a private institution based…
Month: April 2012
SECTION 80TTA TO GIVE DEDUCTION OF RS. 10,000/-TOWARDS INTEREST ON SAVING A/C
SECTION 80TTA Query 1] My friend was admitted in the hospital and died almost after 19 days in the hospital,…
CLOSURE OF CAPITAL GAIN ACCOUNT SCHEME-1988
CAPITAL GAIN Query 1] I had opened capital gain account after the sale of my house and the amount deposited…
INCOME TAX TREATMENT OF MEDICAL EXPENSES REIMBURSEMENT
MEDICAL REIMBURSEMENT Query 1] As per income tax law, medical expenses up to Rs.15000/- are exempt from income tax on producing…
INCOME TAX: BUILDER TO DEMOLISH THE EXISTING HOUSE & RECONSTRUCTS FLATS
INCOME TAX Query 1] We are in discussion with a builder to demolish the existing house & reconstruct flats on…
