by 1 users

DDT needs to be withdrawn to avoid double taxation of same income |Tax Guru

Every domestic company is liable to pay a Dividend Distribution Tax @15% on the amount declared, distributed or paid by such company by way of dividends. The effective rate of tax works out to16.995%. The proposed Direct-tax Code also contains simila...

http://www.taxguru.in/budget-2010/ddt-needs-to-be-withd
rawn-to-avoid-double-taxation-of-same-income.html

first added by kanoisandeep, last updated 2 years 2 months ago

by 1 users

Insurance sector asked for separate limit under section 80C for long-term saving |Tax Guru

We would recommend a separate limit for deductions under Section 80C for long-term saving instruments such as life insurance. Currently, the deduction under Section 80C also includes short-term saving instruments such as mutual funds a

http://www.taxguru.in/budget-2010/insurance-sector-aske
d-for-separate-limit-under-section-80c-for-long-term-sa
ving.html

Tags: carry | forward | losses | eet | mat | Section | 10(10D) | section | 80C

first added by kanoisandeep, last updated 2 years 2 months ago

by 1 users

Tax Planning: Buy home to reduce tax burden |Tax Guru

As the financial year comes to an end, it is time to start planning your tax saving strategies. A house can also be used to reduce the tax liability to a certain extent. Under Section 24 of the Income Tax Act, interest paid up to Rs 1.5 lakhs per ann...

http://www.taxguru.in/income-tax/tax-planning-buy-home-
to-reduce-tax-burden.html

first added by kanoisandeep, last updated 2 years 2 months ago

by 1 users

Petition under section 397/398 –Indian Company Law – Issue of subsequent events and happenings |Tax Guru

As everybody knows, section 397/398 of the Companies Act, 1956 provides a relief to the shareholders of a Company if they are qualified to approach the Company Law Board under section 399. The object of sections 397/398 is to provide protection to th...

http://www.taxguru.in/company-law/petition-under-sectio
n-397398-–indian-company-law-–-issue-of-subsequent-even
ts-and-happenings.html

Tags: Companies | Act | 1956 | section | 399 | sections | 397 | sections | 398

first added by kanoisandeep, last updated 2 years 2 months ago

by 1 users

Tax benefit under section 54EC on long term capital gain | Tax Guru

The benefit under section 54EC can be availed of only if there is an income from a capital asset, being long-term in nature. Long-term capital gains are the profit that a person makes when he sells any capital asset (for example, any immovable proper...

http://www.taxguru.in/income-tax/tax-benefit-under-sect
ion-54ec-on-long-term-capital-gain.html

first added by kanoisandeep, last updated 2 years 3 months ago

by 1 users

Common myths and misconceptions about personal tax under the Income tax Act, 1961 | Tax Guru

In this article we will take a look at some common myths and misconceptions about personal tax: Gifts received: Gifts received from specified relatives are exempt from income tax, and there is no upper limit also. Similarly, gifts of any amount and ...

http://www.taxguru.in/income-tax/common-myths-and-misco
nceptions-about-personal-tax-under-the-income-tax-act-1
961.html

Tags: Gift | HRA | section | 80C | section | 80G | section | 80GG

first added by kanoisandeep, last updated 2 years 3 months ago

DDT needs to be withdrawn to avoid double taxation of same income |Tax Guru

Insurance sector asked for separate limit under section 80C for long-term saving |Tax Guru

Tax Planning: Buy home to reduce tax burden |Tax Guru

Petition under section 397/398 –Indian Company Law – Issue of subsequent events and happenings |Tax Guru

Tax benefit under section 54EC on long term capital gain | Tax Guru

Common myths and misconceptions about personal tax under the Income tax Act, 1961 | Tax Guru

Jumptags

General Help

Community

Your Account

Advertise