Browsing: income tax queries

For listed debt funds, gains are classi-fied as long term if held for a period exceeding one year, else the…

You shall be required to file an ITR only if your income from running a beauty salon exceeds the threshold…

Prepayment of home loan does not entail any specific benefits whereas benefit on repayment of home loan is provided.By Chirag…

For debt mutual funds, the capital gains shall be classified as long-term only if the same are held for a…

Please note that debt mutual funds are categorized as extended term if held for a period more than 36 months,…

Consequently, if you acquire gratuity, 1/3rd of the corpus shall be tax exempt.By Chirag NangiaDo we want to declare interest…

You need to report interest revenue from tax absolutely free bonds and PPF in your ITR as exempt revenue in…

It has been explicated that the proper and ownership of such assessee, in the residence, to what ever extent is…

So, if you are a non-resident for revenue tax purposes in India you shall not be necessary to quote Aadhar…

Assuming that your total revenue comprises only this STCG, which is much less than the standard exemption limit, (i.e. Rs…