Manager

Enjoy your retirement through reverse mortgage

• Income Tax

Enjoy your retirement through reverse mortgage

Manager 10 years ago

What if you are caught with tax evasion?

• Income Tax

What if you are caught with tax evasion?

Manager 10 years ago

How can you save tax through investment in your spouse’s name? 2 min read

• Income Tax

How can you save tax through investment in your spouse’s name?

Manager 10 years ago

Many tax savings instruments provide  investment in the name of spouse, children or parents, subject to few restrictions. One can open a fixed deposit or purchase... Read More

Download Acts 1 min read

• Income Tax

Download Acts

Manager 10 years ago

Download Income Tax Act Download Wealth Tax Act            ... Read More

Simplest and easiest way to revise return under section 139(5) 2 min read

• Income Tax

Simplest and easiest way to revise return under section 139(5)

Manager 10 years ago

What is Revised Return? If an assessee has already filed the return before due date and subsequently he discovers that there is any omission or... Read More

Section 40A (3) disallowance applicable to payment by means of crossed cheque 2 min read

• Income Tax

Section 40A (3) disallowance applicable to payment by means of crossed cheque

Manager 10 years ago

The Gujarat High Court in a recent judgment pronounced on 26.4.2014 in the case of Rajmoti Industries vs. ACIT, held that payment through any crossed... Read More

Why one should not invest in a second house? 2 min read

• Income Tax

Why one should not invest in a second house?

Manager 10 years ago

Tax is a major issue for purchasing a second house as an investment. A person is required to pay tax on the rental income arising... Read More

Save tax by making donations to charitable institutions under section 80G 2 min read

• Income Tax

Save tax by making donations to charitable institutions under section 80G

Manager 10 years ago

To promote charity towards the poor class of the society, the government of India is encouraging people to give donations which can also be claimed... Read More

Factors to be considered before selling a house before three years 2 min read

• Income Tax

Factors to be considered before selling a house before three years

Manager 10 years ago

One can earn a lot from the profit earned by selling a house. But if somebody sells a house before three years, such a sale... Read More

Tax evasion can land you in deep trouble 5 min read

• Income Tax

Tax evasion can land you in deep trouble

Manager 10 years ago

Individuals have the liberty to self assess their income and pay taxes accordingly. However that does not mean that if someone conceals a particular source... Read More