Notice Pay to Employer Is Not Deductible!

Four Questions One AnswerI have resigned from my job and paid the notice pay to the employer. I had earned Rs. 20,000 (for 2...

Rent Receipt Is Must for Claiming HRA Exemption.

akgupta21@yahoo.com Asked I worked till NOV 2006 in a Govt Sector and then join a PSU.I worked for 21 days in that PSU.The same...

Your Salary is taxable in India , even If You Paid tax in USA.

agrawal.rm@.......com Hello,I was in US in year 2005 for about 4 months. I was employed by an Indian company in US where I was...

DTAA Between India and USA Allows Tax Credit !

DTAA  or double taxation avoidance agreement between India and US provides the relief to citizen of both country . A person who is tax...

What can be maximum saving on tax by some one earning salary above Rs...

Someone asked on 6/10/2006I want to know how to reduce my tax liability by investing in different assets and plz let me know how...