Capital gain liability on Leasehold rights in a plot granted as compensation in pursuance of compulsory acquisition of agricultural land belonging to assessee’s deceased father

Capital gain liability on Leasehold rights in a plot granted as compensation in pursuance of compulsory acquisition of agricultural land belonging to assessee’s deceased father Overview : Leasehold right in a plot allotted to assessee against right of agricultural land having ...
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TAXABILITY OF ALLOWANCES- OVERVIEW

TAXABILITY OF ALLOWANCES-OVERVIEW An allowance is a fixed amount of money paid regularly in addition to salary for meeting specific requirements of the employees. As a general rule, any fixed allowance received by an employee forms part of his taxable ...
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Have you done Retirement Planning?

Have you done Retirement Planning?  In day to day life, everyone wants to save for the purpose future so that at the time retirement, he may enjoy life with peace and calm without compromising standard of living. Can you imagine if ...
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Let Us ensure, “Mutual Fund Sahi Hai…”

Let Usensure, “Mutual FundSahi Hai...” Many times we heard on Radio, T.V. and read in the news paper regarding Mutual Fund & its famous sentence” Mutual Fund Investments are subject to market risk please read the information document carefully before ...
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Private Trust- Rules for tax planning

Private Trust- Rules for tax planning Optimum use of basic exemption limit is one of the most powerful tax planning tools. More taxable person or entities in the family results in optimum tax benefit. Certain Trust offers the benefit of ...
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4 Golden Rules to Tax Planning

4 Golden Rules to Tax Planning  “Right to tax planning is a legitimate right of the taxpayers provided it is within the framework of law” If tax is considered as cost then it variable as well as controllable to some extent ...
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