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Forum: Income Tax

  1. Question 5 lakhs is Gross income or Taxable income

    Dear sirs It has been hearing Filing of income tax returns below 5 lakhs is not necessary .Is it true ,Is it valid from the FY...

    Started by ramanareddy, 09-06-2011 06:07 PM
    • Replies: 13
    • Views: 13,408
    22-07-2013 11:28 PM Go to last post
  2. 80 CCD - NPS contribution

    Can a CG employee covered under GPF (Old Pension scheme) opt to open NPS a/c with any bank and claim 80CCD1B deduction for his contribution. If yes,...

    Started by gtresures, 20-08-2016 03:44 PM
    • Replies: 0
    • Views: 876
    20-08-2016 03:44 PM Go to last post
  3. Additional investment of Rs. 20,000 in infrastructure bonds.

    As provided in this years budget, a provision has been made for claiming tax exemption in respect of investment in infrastructure bonds. Can some...

    Started by dhanurdhar, 15-09-2010 11:50 AM
    budget 2010, income tax, infrastructure bonds
    • Replies: 10
    • Views: 5,590
    04-03-2011 03:28 PM Go to last post
  4. Smile Adjusting the Arrears for IT relief u/s 89(1)

    Dear Friends! GConnector has put up a calculator to spread the arrears received to the years to which it belongs as per the provisions of IT...

    Started by sudacgwb, 08-12-2008 08:22 PM
    • Replies: 8
    • Views: 13,762
    27-01-2010 08:02 PM Go to last post
  5. Question Advance Tax in instalments by Salaried Govt servent.

    I want to know whether a state government servant has to compulsorily pay advance tax due to salary from sept'2011 @ 30% and so on, if his total tax...

    Started by rvanand4, 16-06-2011 09:44 PM
    • Replies: 1
    • Views: 1,915
    19-08-2016 10:25 AM Go to last post
  6. Best IT calculator with accuracy

    For all your income tax doubts, please contact saigsolution@gmail.com

    Started by jayakumarbalaji, 26-08-2009 07:58 PM
    • Replies: 10
    • Views: 5,177
    05-04-2014 01:15 PM Go to last post
  7. budget & finance bill differs on IT exemption

    (I) In the case of every individual other than the individual referred to in items (II) and (III) of this Paragraph or Hindu undivided family or...

    Started by nsdev007, 13-07-2014 11:40 AM
    • Replies: 1
    • Views: 2,973
    13-07-2014 11:42 AM Go to last post
  8. Calender year or what?

    I have been availing the benefit of housing loan repayment and interest repayment for the past many years. For this purpose i have been furnishing...

    Started by REX88, 06-03-2009 12:05 AM
    • Replies: 6
    • Views: 3,899
    20-08-2016 02:54 PM Go to last post
  9. Can TDS be stopped

    Can somebody help me out I want TDS to be stopped, and I wanted to pay the tax in a single go at the end of the year, which I feel more easy...

    Started by rajanch, 22-02-2010 12:17 PM
    • Replies: 4
    • Views: 2,391
    20-08-2016 02:56 PM Go to last post
  10. Cea

    Is Children Educaiton Allowance (maximum Rs. 12000/- each child upto 2 child) will be included in gross salary?

    Started by abhijitdas_rlikol, 01-12-2009 01:47 PM
    • Replies: 6
    • Views: 6,396
    20-08-2016 03:01 PM Go to last post
  11. Chca

    What is the maximum limit of exemption of HRA & CHCA for computing Income Tax

    Started by prasannakumar, 11-01-2013 04:52 PM
    • Replies: 0
    • Views: 1,682
    11-01-2013 04:52 PM Go to last post
  12. Question children education allowance is taxable.

    (a) Is children education allowance taxable. (b) If I paid Rs 100000/- in the school as tuition fee for my first child, is it possible to...

    Started by JIJOKMAT3, 05-06-2011 02:33 PM
    • Replies: 7
    • Views: 15,018
    15-12-2011 06:58 PM Go to last post
  13. Computer loan

    I would like to know whether the principal/interest of the computer loan availed from the department is exempted from IT. If so to what extent? ...

    Started by prasannakumar, 26-12-2011 12:37 PM
    • Replies: 5
    • Views: 3,249
    20-08-2016 03:37 PM Go to last post
  14. Deduction of interest on Education Loan u/s 80-E

    Will some one clarify whether education loan taken from a nationalized bank in India for son's study in Master of Science (Computer Science) from an...

    Started by Raj Kishore Sharma, 04-01-2011 10:54 PM
    • Replies: 2
    • Views: 2,406
    12-02-2011 05:12 PM Go to last post
  15. Denial of IT Relief U/S 89

    In our organisation, a deemed university under MHRD,account officials have been dening to give relief U/s 89 for the recieved (CPC) arrear of 60%.In...

    Started by akraiism, 02-03-2010 03:36 PM
    • Replies: 3
    • Views: 2,878
    20-08-2016 02:45 PM Go to last post
  16. Donation under Sec 80G

    A donation has been made to Sri Aniruddha Baba Upasana Foundation. Will it qualify for tax rebate/ deduction under Section 80 G of the IT Act?

    Started by R K Rao, 07-01-2014 10:15 PM
    • Replies: 3
    • Views: 1,382
    20-08-2016 03:06 PM Go to last post
  17. E filing of Income Tax Returns

    Come June-July, taxpayers become busy preparing and filing income tax returns. This year many of them are in for a rude shock as the Department have...

    Started by G.Ramdas, 15-06-2013 02:15 PM
    • Replies: 0
    • Views: 2,972
    15-06-2013 02:15 PM Go to last post
  18. Education Loan - Treatment in IT 2008-09

    Mr.Indranil Chakraborty asked, Is there any change in the tax treatment of education loan repayment, wef AY 2009-10?

    Started by imported_admin, 12-07-2008 01:34 PM
    • Replies: 3
    • Views: 3,519
    31-07-2009 04:28 PM Go to last post
  19. Employees Provident Fund - Accounting

    Lat Year I had resigned from a firm and joined another. This financial year (13-14) I received EPF dues from the previous employer. Should I...

    Started by R K Rao, 30-06-2014 12:00 PM
    • Replies: 2
    • Views: 1,580
    10-07-2014 10:21 AM Go to last post
  20. Question Examption of Transport Allowance

    My friend is getting Rs 800 as transport allowance and DA on it Rs 952 per month total of rs 1752. He claims that Rs 1600 per month is exempted from...

    Started by mpsingh, 19-01-2016 10:46 AM
    • Replies: 0
    • Views: 1,775
    19-01-2016 10:46 AM Go to last post

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