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INVESTMENT IN PLOT IS ELIGIBLE FOR CAPITAL GAIN EXEMPTION
NON PAYMENT OF TDS ATTRACTS PROSECUTION
NRI: Basic exemption limit cannot be reduced from LTCG
Deductor liable for penalty @ Rs. 100/- per day if TDS certificates are not downloaded
Income from funds transferred to Wife attracts clubbing provision
ITR FORMS : THE WAIT IS FINALLY OVER
Classification of income is important from tax planning perspective
A step-by-step guide to file income tax return
No tax audit required even if receipts by truck owner exceeds Rs. 1 Cr
DISCLOSE ALL THE BANK ACCOUNTS WHILE FILING INCOME TAX RETURN
DISCLOSE ALL THE BANK ACCOUNTS WHILE FILING INCOME TAX RETURN
Tax impact varies with Time, Place & Heads
Amount received against mediclaim policy is tax free
Stamp Duty Valuation is irrelevant for TDS on Immovable Property
Invest in India to get capital gain exemption.
Tax credit of Rs. 2,000/- available if the total income of individual is less than Rs. 5 Lacs
Prosecution for wrong submission of Form No. 15G or 15H
Life & Taxes go hand in hand.
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