I along with my wife ( both govt employee) booked a flat in apr 2012 with a builder for which we paid approx 1440000/- after taking loan of Rs 650000/-from my department. But when builder did not commence construction even after due date of possession passed we asked him to return our...
2.5 lakh in demonetization cannot be income: ITAT Agra Brief Summary of the Case: During the demonetization phase, the assessee, a housewife, deposited cash in her bank account totalling Rs. 2,11,500/-. She was asked to explain the source of the deposit ... INCOME TAX Income Tax ...
a爸爸是职员,妈妈是家庭主妇,我是学生。 The daddy is the staff member, mother is the housewife, I am a student.[translate] aShe looks lovely when she is happy. 当她是愉快的时,她看起来可爱。[translate] agscript gscript[translate]
Indexation adjusts the purchase price of an asset for inflation, reducing taxable profits and tax liabilities. For example, you made a 30% profit in 3 years but the inflation for the last three years was at 5% every year. Then you pay taxes on 30 – (5+5+5) = 15% profit only, no...