File your Return in time if not yet ? File it now If you did not file your taxable tax return or loss return till now file it,because the financial implication may imposed on you ,it may be impact on your financials like penalty,interest and carry forward of losss.Individuals primarily with salary income and certain […]
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 […]
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 […]