The expression ‘colourable device’ means any sham association or transaction, camouflaged as an actual transaction, missing in business substance, and…
Browsing: income tax act
Income tax rebate on house mortgage: Buying an under-construction house is frequent phenomena nowadays. However, being an earnings taxpayer, an…
Taxpayers, particularly those that are salaried, should appropriately implement their revenue tax planning for the reason that begin of the…
I purchased Kisan Vikas Patra (KVP) price ₹20 lakh a number of years in the past. Since its curiosity is…
I left my job after two years of service in an workplace and joined a brand new group. Now, because…
How does the residential standing of a person decide his or her tax legal responsibility? This query turns into related…
Unit-linked insurance coverage, or Ulips, normally have a lock-in interval of 5 years however policyholders can select to give up…
Income Tax Return (ITR) submitting has three totally different due dates u/s 139(1) of Income Tax Act. The tax submitting…
I’ve acquired two homes as a present from my grandmother however I forgot to say the present within the ITR…
Is a lease settlement needed for claiming home lease allowance (HRA) exemption if you happen to pay lease to your…