i have joined a psu recently and my income is around 150000 p a
is there any need for me to file the income tax returns which has nil tax in it?
any1 please clarify me
thanks in advance
I have a 198 Sq. yards plot in Greenfields colony in Faridabad. I was being offered a rate @ 72000/- per sq. yard about a year back. Now the offer is @ approx. 55000/- per sq yard. Should I retain or sell this to invest in another property. If yes, where ? My preference would be around Chandigarh because i live in Panchkula. the motive is to invest and make profit.
Please publish the reply in “Times Property”, if possible
HP government has ordered its employees to draw their salary for the month of March, 2009 in March, 2009 only. Thus the employees will draw thirteen month salary in a year. Whether income tax will be caculated for twelve month’s income or thirteen months?
Here my friend is saying definition of sale contains service tax or vat and not both.
We are deploying labor contractor for building constructions activities like Fabrication, Trimix & Flooring Work (On Item Rate Basis) & all material is in client scope.
Pl suggest whether service tax will be applicable or not on the same? As client is denying to pay the same.
I am from India and filing income tax returns in india and my son is studying abroad , I want to know that tuition fee paid for his study is liable for income tax relief
i can claim full interest & Principle in my Income tax pls tell me because i want to claim my it
A female wish to create a private trust with a settlement of Rs 10 lakh from her capital for the benefit of her niece. Whether receiving Rs 10 lakh from the female will attract income tax under the provision of section 56 of the income tax Act (money received without consideration)? Please explain.
like road tax or some other tax. Or no need to pay any tax. Just i can drive without any fear for RTO caught.
For management study in OXFORD University loan was taken from Bank at USA (as banks in India did not grant loan for want of security like house property/land) for which interest is paid to such bank. Please let me know whether the amount of interest paid to such USA bank is deductible u/s 80E in computing the net taxable receipt ?