Investment in Residential House Property under Section 80C Tax saving through investing in house property is a best way where we can save tax by build wealth also .According to me under section 80 C no other elements is not so good as the investment in Residential house property because no other payments is increase […]
Category Archives: Income Tax
Income Tax is the tax which directly levy on income of any personal.Central Board of Direct tax manage all the things related Direct Tax.
Tips of tax planning for Salaried Person While investing more amount for tax saving Consider the impact of inflation on your needs. After your first few working years, as income goes up, it is wise to invest beyond one’s tax saving investments to achieve your goals. Also, evaluate the life cover requirement, while planning for […]
Is Section 54F can be allowed if construction was not complete in all respects within stipulated period It is clear from the order of the CIT(A) that the assessee had commenced construction of the building within a period of three years from the date on which the property on the transfer of which capital gain […]
Revised Income Tax return u/s.139(5) An assesses who is required to file a Revised Income Tax return is entitled to revise the return of income originally filed by him to make such amendments, additions or changes as may be found necessary by him. Such a revised return may be filed by the assesses at any […]
Solution to problems faced in Income tax Returns by Salaried Assessees There are few cautions which are often ignored thereby resulting into complications being faced by Salaried Assesses while filing Income tax Returns.Quite some number of times it so happens with people working in Corporate that a Professional would visit them, take their respective Tax […]