Changes in Finance Bill,2015
Snippets of changes made in Finance Bill, 2015 as passed by the Lok Sabha The Hon’ble Finance ...
Do banks charge 10 % TDS on interest income on income above Rs 10,000 or on the entire interest income?
Anurag has recently started investing in fixed deposits. Anurag is unsure whether any TDS will ...
Can I claim renovation expenses as a deduction while calculating capital gains?
At the time of calculating capital gains, expenses incurred towards renovation or cost of improvemen...
ANALYSIS OF SECTION 80C DEDUCTION
Section 80C deduction is best source of tax planning, which also motivates individuals to save for t...
Changes in ITR-1 for FY 2014-15 (AY 2015-16)
Here we list down the changes which have been in the Income Tax Return forms, starting with ITR...
Why exhausting Rs.1,50,000 under Section 80C makes for a good idea
Income tax you pay depends on how much you make in a year. An investment of Rs.1,50,000 under Sectio...
Early bird catches the worm!
If you haven’t been paying much attention to your taxes, start of a new financial year is a good t...
Due Dates for the month of April 2015
Important due dates in the month of April 2015 has been given below: 7 April 2015 – Due date for ...
Incomes, which are deemed to accrue or arise in India – CBDT Clarification
Incomes, which are deemed to accrue or arise in India – CBDT Clarification AS per Section 9(1)...
Taxation of earnings from Mutual Funds
There are two ways that you may earn from a Mutual Fund – earn a dividend and have short term...