Special provision for income from investment Investments done by NRI's in any Indian assets is taxed at a rate of 20%. If the income is only income earned in an FY and TDS has been deducted, then it is not tax liable. The included assets are: ...
PravasiTax is a unique platform that provides Tax Compliance and Income Tax Return Filing services for NRIs.
SEP introduced in the Income-Tax Act, 1961 (‘ITA’) from April 1, 2018 It expands the scope of income of a non-resident which accrues or arises in India that results in a ‘business connection’ in India for that non-resident. The resulting income, attributable to the S...
Do you have to file your income tax returns for the first time or you are employee and have been filing it but want to understand the income tax TDS etc then you have come to the right place. It explains in question answer form what is income tax,different kinds of income, tax slabs,...
Net Loss will be carried forward to next year for being set off as per the provisions of Section 71B Related Articles: Tax : Income From House Property On Selling a House, Capital Loss on Sale of House Income Tax for Beginner Income Tax Overview ...
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SECTION -5 OF INCOME TAX ACT, 1961 (1) Subject to the provisions of this Act, the total income of any previous year of a person who is a resident includes all incomes from whatever source derived which- (a) is received or is deemed to be received in India in such year by or on ...
nri.kotak.com 相似文献The Effect of Limited Liability on the Market Response to Disclosure* We derive various nonlinear relations between equity prices and earnings under a variety of capital structure assumptions and. if possible, we tie the ... PE Fischer,RE Verrecchia - 《Contemporary Accounting...
Understand income tax deductions in India. Check out the various tax deductions on rent, health insurance, education loan, donation, capital gains & much more.
Inflation indexing iscost-of-living adjustmentsbuilt into tax provisions to keep pace with inflation. Without inflation indexation, a greater share of a taxpayer’s income can be taxed even if their real income has not increased to that rate. The two aforementioned examples showed how your tax ...