Can I take a home loan and buy a house in my wife’s name, who is a housewife? Since I am working I will pay the EMI. We plan to rent out the house and show the rental income in her income to reduce my tax. Is this possible? Umesh Sinha Income tax Act provides…
GConnect Income Tax Calculator 2018-19 (Assessment Year 2019-20) with Save Option – Trusted by more than 52000 Registered Users
NEW DELHI: Educational institutions, hospitals, charitable and religious trusts will soon have to file the online application for seeking income tax exemption, the I-T department said Monday. The department sought comments from stakeholders by November 12 on the amended rules and application forms seeking tax exemptions by such entities. “In view of the digital advancement…
Income Tax Benefits – Deduction in respect of health insurance premia under Section 80D of Income-tax Act, 1961-2018
What are all the Deductions allowed from my Salary Income for the year 2018-19?
GConnect Income Tax Calculator 2018-19 (Assessment Year 2019-20) – Easy to use Income Tax Planning tool for Central Government Employees and Pensioners
Save tax on home rent even without House Rent Allowance (HRA) benefit
How to Check Income Tax Refund Status online using login for filing income tax return ? – Easy Guide
Income Tax 2018-19 – How Salary Income such as Salary, Gratuity, Leave Encashment, and allowances such as children education allowance, transport allowance, etc are treated under Income Tax provisions ?
Income Tax 2018-19 – Exemptions withdrawn and allowed for Salary income during the financial year 2018-19 (Assessment Year 2019-10) – Changes for Salaried Employees and Pensioners
Last Date for filing Income Tax Return has been extended till 15th September 2018 in Kerala Press Information Bureau Government of India Ministry of Finance 28-August-2018 19:00 IST Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala, the Central…
Revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/ appeals before Supreme Court.