
One often looks at the interest rate of home loans but doesn’t emphasize on the legal and technical verification that … Read more

Section 80C provides for a deduction from the Gross Total Income, of savings in specified modes of investments. This deduction … Read more

In the previous series, we discussed one of the most important and popular 80C deduction, i.e. deduction towards life insurance … Read more

In the previous columns, we discussed about some of the major investment modes under section 80C. Continuing along similar lines, … Read more

On my way to Mumbai this New Year’s Eve, one of the fellow passengers and I got into talking where … Read more

We had covered most of the basics of capital gains taxation in the previous series which gives us a good … Read more

On my way to a conference in Mumbai, I was sitting across an IT professional. Conversing with him for over … Read more

A tax refund arises when a taxpayer pays tax in excess of what he owed to the income tax authorities. … Read more

All income received as salary under employer-employee relationship is taxed under the head, “Salary”, on due or receipt basis, whichever … Read more

Don’t waste your time searching for your endless tax related queries? Whether it’s about paying taxes, filing of your tax … Read more