Don't Worry , Be Happy !
PAN is not required by person having any to do with income tax . It is an identity card too ! So when a person applies for PAN card ,a person can have various kinds of problems associated with issue of PAN or PAN card. For example ,he may have not received PAN or pan...
I am an NRI from US. My only income in India is from House Property. My father is 75 years.; has filed my IT Return as Representative Assessee.He is not well. For AY 2008-09:-. i. Income House Property: 1 Apr 2007 to 31 Mar 2008. Rs 2,20,000/- 2. Tax (House tax) Rs 10010/ 3. 30%
I have retired from Private Job and I have deposited all my PF & Gratuity in Fixed Deposit. Even after Filling up Form 15G, Bank is deducing TDS. My Total Income on Fixed Deposit Interest is less than 1 Lakh and I am 62 years old.What is upper limit on interest earned till which Bank...
Recently government , among many , new initiative to interact and better service to ordinary tax payers , have created the posts of ombudsman in some cities -New Delhi,Mumbai, Chennai, Kolkata, Bangalore, Hyderabad,Ahmedabad, Pune, Kanpur, Chandigarh, Bhopal and Kochi.etc……having wide territorial jurisdiction. The ombudsman are independent authority created to settle grievance of the taxpayers. He...
Capital gains exemption u/s 54 provides relief to a tax payer who gets gains on account of sale of … [Read More...]
A video reports on tax planning by US based corporate to shift their office elsewhere in other … [Read More...]
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