The House rent exemption is giving a considerable tax relief to all of salaried employees at present. What is the conditions about HRA in the new direct tax code 2009? An Explanation will be very helpful to all of salaried persons.
I am a resident individual assessee with earnings in foreign currency for software development services to foreign clients. The sum of such receipts is around INR 100000. Can I claim exemption from paying income tax on this income?
Please explain in detail the criteria of lock in period to get exemption under section 80c of income tax. also tell the link of the literature where I can study in detail the guide lines from income tax or IRDA regarding lock in period to this tax exemption
i am a salaried and recently i have opted to go for MBA to enhance my capabilities to help my career. The course is distance learning and i have paid Rs.25000/- as fees. Kindly let me know can i get any exemption in income tax on the fees paid for my own higher education.
How can i have zero exemption on my income tax,i already submitted proof’s for LIC and house rent but even though income tax is deducted from my salary,how to make the income tax zero
Im eligible for paying IT and income is more than 3 lakhs
I want to know whether the premiums paid by cash, credit cards, ECS can also be included for Tax benefits.
we get tax exemption for regsitration charges on purchase of a flat. what proof should i produce for getting tax exemption for registration charges?
could you explain in detail. index II means?
I inherited a 12.5% share in a property but the land registry has not had my name added to it as yet.
I have paid around 50000 for my sister college fees.. can i get tax exmption for that ?