1 Students are paid stipends for pursuing certain academic courses When it self exceeds individuals taxable limit of income whether itr to e filed Whether it is to be subjected to TDS - Income Tax Tax queries
194JRoyalty, Director Remuneration, Professional or technical service fees, Non-compete feesResidentRs. 30000 for each income in the FY (Not applicable to payment to the director).10% 194LACompensation on acquiring immovable propertyResidentRs. 250000 per FY10% ...
those earning between 5,00,001 to 10,00,000 are in 20% tax slab. Which means that they have to pay 20% of tax on their income. But they also get the benefit of lower tax slabs. So one with 20% tax slab gets exemption limit of 2.5 lakh, the benefit of 5% tax on income...
Legitimate 5 star rating and reviews on google 250000+ startups love us ! "...Masters in Company Registration and Compliance" Masters in company registration and compliance. Highly professional & polite team. Top marks for communication, systems and processes they follow. Their working style is ...
According to a provision inserted by the Finance Act, 2012, a resident senior citizen, who does not have any income from a business, would be exempted from the payment of advance tax.Advance tax is normally payable if the tax on one’s income is more than Rs 10,000 on what is deductib...
Some calculators that might help you areincometaxindia.gov.in Calculatorto calculate tax liability based on Total income Income Tax return (ITR) Forms To file Income tax returns one needs to fill different Income Tax returns form which are :ITR-1 (Sahaj) ,ITR-2 ,ITR-3, ITR-4 and ITR-...