I divorced this financial year and received one-time alimony from my ex. I am a working woman and demanded the money becase my ex understand only the language of money. It is my understanging that onetime alimony is not taxable. If this is correct, do i need to show it in my tax return. I dont want to show if that is valid? Anybody with good knowlege on Indian IT, please answer this question. Thank you.
My private company, where I am working, they want to deduct tax (TDS) from my Salary. Further they ask me to invest in some Bank/LIC/Post Office for tax saving. But I want to give tax by my own. I have PAN Card. Is it possible to give salary income tax by my own?
Bought for 1 Lac and Market price is 35 lac…I there any tax on selling the property.
Whether income tax also to be paid for it as still i m not tax payer? Which type of funds to be purchased?