Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... Read More
Diksha Garg
Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
NRE stands for NON-RESIDENT EXTERNAL. NRE is an Indian Rupee denominated account which gives complete security to the Non-Resident Indian. The funds in the Indian... Read More
Section 147 and 148 of the Income Tax Act permits the Income Tax Department to reopen and reassess one’s IT returns which already filed. Stay tuned... Read More
Capital gain arising out of holding shares for a short period will not convert it into business income. An Assessee has two separate portfolios one... Read More
Form 16 is a TDS (Tax Deducted at source) certificate which is issued by an employer/bank/company as they deduct tax while making payments to its... Read More
No one wants to shed their hard earned money in the form of taxes, but unfortunately, there is no escape to that. The income tax... Read More
