https://www.financialexpress.com/money/income-tax/income-tax-relief-for-those-earning-a-tad-over-rs-7-lakh-likely/3020369/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Category: Income Tax
What to do If Application For Registration As Legal Heir Is Rejected In Income Tax
Clipped from: https://taxguru.in/income-tax/application-registration-legal-heir-rejected-income-tax.html The return of deceased person can only be filed by Legal Heir Representative assessee. For this Legal heir has to make an application
👍👍👍👍👍Property from ‘Will’ eligible for cost indexation from first owner’s acquisition date
Clipped from: https://taxguru.in/income-tax/property-will-eligible-cost-indexation-first-owners-acquisition-date.html ITO Vs Sohrab Fali Mehta (ITAT Mumbai) Mumbai ITAT holds that while computing capital gains arising on transfer of a capital asset received
पॅन कार्ड – आधार लिंक करणे अनिवार्य का आहे? लिंक नाही केले तर काय होईल? | Linking PAN card with Aadhaar Why it is mandatory what happens if you dont | Loksatta
Clipped from: https://www.loksatta.com/explained/linking-pan-card-with-aadhaar-why-it-is-mandatory-what-happens-if-you-dont-kvg-85-3510290/ पॅन कार्ड आणि आधार कार्ड लिंक करणे अनिवार्य करण्यामागे आहे मोठे कारण, वाचा लिंक न केल्यास काय कारवाई होणार. पॅन-आधार लिंक करण्यासाठी ३१
👍👍👍How will presumptive tax scheme apply for self-employed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-application-of-presumptive-taxation-scheme-for-self-employed/article66599695.ece A person who opts for presumptive taxation is deemed to have claimed all deduction of expenses While computing income as per the provisions
Seven mistakes seniors make while planning their taxes and finances | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/optimise-80c-tax-saving-benefit-by-investing-in-scss-in-tranches-123031000846_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 They could invest in SCSS in tranches to optimise Sec 80C benefits and park some money in PMVVY before it closes on Mar
PAN-Aadhaar Linking: Income Tax Dept Issues FAQs
Clipped from: https://www.taxscan.in/pan-aadhaar-linking-income-tax-dept-issues-faqs/260282/ By Navasree A.M – On March 9, 2023 1:34 pm – 6 mins read The Income Tax Department issued the FAQs which are valid till 31st March
👍👍👍👍👍Income Tax- What is New Provision of 43B For Micro & Small Enterprises
Clipped from: https://taxguru.in/income-tax/income-tax-provision-43b-micro-small-enterprises.html In order to promote timely payments to “Micro and Small Enterprises” In Budget- 2023, it is proposed to include payments made to such enterprises
👍👍👍👍👍All about HRA Exemption, Eligibility, Limit etc.
lipped from: https://taxguru.in/income-tax/hra-exemption-eligibility-limit.html What is HRA- House Rent Allowance HRA is paid to Salary individuals by the employer. HRA exemption can be claimed only by Salaried
👍👍👍👍👍Taxation of taxpayers opting for presumptive taxation schemes
Clipped from: https://taxguru.in/income-tax/taxation-taxpayers-opting-presumptive-taxation-schemes.html To give benefit to small taxpayers from the exhausting job of maintaining books of account and getting the accounts audited, the Income-tax Act
👍👍👍👍👍How NRI can save TDS on selling immovable property in India
Clipped from: https://taxguru.in/income-tax/nri-save-tds-selling-immovable-property-india.html Are you an NRI facing huge TDS on sale of your immovable property located in India? If yes, this article is for you
👍👍👍Provisions Relating To TDS/TCS in Budget 2023
Clipped from: https://taxguru.in/income-tax/provisions-relating-tds-tcs-budget-2023.html TDS and Taxability of winning from online Games: With the technological advancement and rise of mobile and internet connectivity, a number of on
👍👍👍Amendments by Finance Act, 2023 related to Tax on Capital gain
Clipped from: https://taxguru.in/income-tax/amendments-finance-act-2023-related-tax-capital-gain.html Article explains Amendment made by Finance Act, 2023 with regard to some provisions under the head Capital gain which incudes amendment in Section 54, Section
👍👍👍Tax Liability of a Non Resident Indian (NRI)
Clipped from: https://taxguru.in/income-tax/tax-liability-resident-indian-nri.html In India, the tax liability of any individual is based on his residential status. There are three types of residential status under Income
Major amendments in Budget 2023 relating to Capital Gains
Clipped from: https://taxguru.in/finance/major-amendments-budget-2023-relating-capital-gains.html From a tax perspective there are 3 major amendments in Capital Gains in this budget 2023 w.r.t. followings: ♦️ Residential House Property (RHP) ♦️ Gold
TDS on Immovable Property
Clipped from: https://taxguru.in/income-tax/tds-immovable-property.html TDS on Immovable Property – Sec 194IA Conditions: Note :- For the purpose of TDS calculation, Consideration paid for acquisition of immovable property
NRIs must be aware: Income generated in India is taxable here | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/nris-beware-income-generated-in-india-is-taxable-here-123030200959_1.html Many deductions available to resident Indians are not available to NRIs While non-resident Indians (NRIs) live abroad, many of them retain strong connections