Income tax return ?
a) Will I be liable to pay income tax on my short term gains in shares even if my total income remains below taxable limits.
b) must I file IT returns.
is any allowances like team leader allowance,design allowance and similar type is there which is not taxabe as per Income tax of India under the head of Incme from salary?
some months back I had read in one of the news paper that if the taxable amount is less than five lacks then there is no need of filing the income tax returns. Is it true?
If a persons sells his property in INDIA then are there any taxes applicable to that? If yes then how it can be exempted? How the money should be used or invested in order to avoid / minimise Income tax ?