INCOME TAX ACT AMENDMENTS SEPTEMBER 1ST 2019 TDS ON PAYMENTS MADE IN ADDITION TO BASIC PRICE WHILE PURCHASING IMMOVABLE PROPERTY From September 1, while buying a property, you will have to include the payment made…
Deductions Under Head Capital Gain
Meaning of Capital Gain has already been explained in one of the previous articles on this site, now we come to a part where deductions available under this head is dealt with. Deductions as we…
Tax deduction on salary while switching job
When and employee changes job in a financial year once or more than once then he faces a common problem of extra tax deduction at year end. Financial year is the period starting 1st April…
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Tax saving deductions are known to all but when and on what conditions they are withdrawn are known to few.To know about the conditions when tax benefits are withdrawn, read on.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…