Taxation

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Income Tax Taxation

How to Claim HRA – House Rent Allowances

House Rent Allowances

What is HRA – House Rent Allowances? The HRA is claimed by the Salaried individuals who live in a rented house. This is allowed as a deduction to an exte...

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Income Tax Taxation

Tax Provisions Relating to Capital Gains

Capital Gains

Capital Gains are derived in all such cases where the profit has realized from investments whereby the capital asset has been sold for a price higher than...

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Income Tax Taxation

Know About the Filing of Income Tax Return

Income-Tax-Return

Denifition The Income-tax return is a form which is filed by the person who has paid taxes or has been charged to pay tax with a taxing authority that repo...

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Income Tax Taxation

What is the Difference between PAN and TAN?

difference between PAN and TAN

To understand the difference between PAN and TAN, first, we will discuss “What is PAN?” and “What is TAN?” What is PAN? PAN means Permanent Account...

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Income Tax Taxation

Undisclosed Foreign Income and Assets

Foreign-Income

In the year 2015, the Government of India has passed act no. 22 of 2015 to deal with the problem of the Black Money that is undisclosed foreign income and....

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Income Tax Taxation

Hindu Undivided Family – A Way to Save Income Tax...

Save Income Tax

Country people are always been encourage with a number of benefits and awards to file and pay Income tax. After all, it is a small contribution of each peo...

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Income Tax Taxation

Income Tax Deduction for Medical Expenses

Medical Expenses

The provision of Income Tax has provided relief to its taxpayer in certain limit and condition for medical expenses incurred for them. It is pertinent to n...

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Income Tax Taxation

Difference Between PAN and TAN

PAN and TAN

What is PAN? PAN is the type of computer-based system which assigns a unique identification number to a taxpaying entity in India. PAN is shared across the...

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