Tag Archives: tax saving through investments

Save tax in FY 2017­-18 with 6 investments with tax ­free income

Save tax in FY 2017-­18 with 6 investments with tax­ free income While investing in a tax ­saving instrument or for that matter any investment, it’s important to keep an eye on the taxability of its income. If the income earned is taxable, the scope to build wealth over long term gets constrained as taxes […]

Determination of cost of improvement of old or inherited land/building in absence of documents

Determination of cost of improvement of old or inherited land/building in absence of documents The question arises specially where the land and building are old one or inherited and sold. In general for old contraction or improvements, assessee does not have any evidence or documents to prove the cost of construction improvement.