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
A person is liable to pay interest for various delays/defaults like interest under section 234A for delay in filing the … Read more
Meaning of Perquisite In general, perquisite means any benefit. In the context of salary income, perquisite means any benefit provided … Read more
So finally came one of the most important news for all the income tax payers. Yes, the Central Board of … Read more
