Summary: -PAN of both parties needed i.e. buyer and the seller for making e-payment of TDS on purchase of property.-The TAN (Tax Deduction Account Number) is not required for payment of tax and issue of…
How salaried employee lose tax benefits
Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on. Life Insurance policy, long…
Deductions Under Section 80 C
Every individual who is in service is always eager to know how much should he invest and how much he should save so as to bring his tax liability to minimum. Each employee always consults…
Capital Gain Tax
Capital gain is one of the heads of sources of income for an individual, but it is also the head about which an individual knows the least. Various exemptions, computation and carry forward and set…