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Tag Archives: Tax Saving

Tax Planning Considerations for Salary Income

Tax Planning Considerations for Salary Income

Tax Planning Considerations for Salary Income, The scope for tax planning from the angle of employees is limited. The definition of salary is very wide and includes not only monetary salary but also benefits and perquisites in kind. The only deductions available in respect of salary income are the deduction for entertainment allowance and deduction for professional tax. Therefore, the scope …

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How LIC schemes helpful in Income Tax?

How LIC schemes helpful in Income Tax

How LIC schemes helpful in Income Tax?, This article is for the various exemptions available to the assessee while investing in the securities of the LIC. Life Insurance Corporation is the only source where the deductions under the Income tax are available which are beneficial from both the side. These expenses have been given exemption and the sum received as a …

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Paying Tax is better than Saving Tax!

Paying Tax is better than Saving Tax

Paying Tax is better than Saving Tax!, Hi Friends Here we are discussed various Methods for Saving Tax in India, In this article we discussed Can Paying Tax is better than Saving Tax, How to Save Income Tax in India, Why we pay tax instant of saving of Tax, Recently we discussed “Income from House Property – Taxation and Deductions” …

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Chapter VIA List of All Deductions at a Glance

Chapter VIA List of All Deductions at a Glance

Chapter VIA List of All Deductions at a Glance, List of all Income Tax deductions from u/s 80C to 80U. Hi Friends Here we are providing list of all deductions covered under  Chapter VIA of Income tax act. In this article we provide complete list of deductions with Name of Section, Brief details for Section, List of Assessee’s who can …

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Section 80GGA Deduction for Donation For Scientific Research

Section 80GGA CAknowledge

Section 80GGA Deduction for Donation For Scientific Research, Detailed Analysis of Section 80 GGA, We all know that Section 80G provides a comprehensive list of deductions available for donations. Here, let us do a detailed analysis of Section 80GGA that is Deduction in respect of Donations for Scientific Research & Rural Development. Now you can scroll down below n check more …

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Deduction of Principal of Housing loan and Its Interest

Deduction of Principal of Housing loan and Its Interest

Deduction Of Principal of Housing loan and Its Interest Component. Tax Benefit on Housing Loan. Hi Friends Here we are discuss complete details for Deduction of Principal amount of Housing loan and Its Interest Component. In this article you can find complete details for Deduction of Principal of Housing loan and Its Interest like – Deduction under Section 80C (Only For Principal Loan …

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Is deduction allowed for stamp duty & registration charges?

Deduction allowed for stamp duty & registration charges

Is deduction allowed for stamp duty & registration charges?, Stamp Duty and Registration Charges Deduction u/s 80C, Tax Benefit on Stamp Duty & Registration Charges. In this article You can find Complete details regarding Deduction for Stamp Duty and Registration Charges Like – Maximum amount of deduction ?, It’s a payment based deduction, Important points to be considered etc. Now you can scroll down below …

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Deduction for School Fees Paid u/s 80c

Deduction for School Fees Paid us 80c

Deduction for School Fees Paid u/s 80c. Find Everything you want to know about Deduction for School Fees Paid u/s 80c. Here we are providing complete details for Deduction for School Fees Paid u/s 80c like – Eligibility for Deduction for School Fees Paid u/s 80c, Maximum Allowable deduction, Eligible Payments, Ineligible Payments etc. Recently we provide Complete details for Do NRIs need …

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Deduction For Medical Insurance Premium U/Sec 80d

Deduction Us 80D Medical Insurance premium CAknowledhe.in

Deduction For Medical Insurance Premium U/Sec 80d. Section 80D – Deduction for Medical insurance Premium. How to claim Deduction For Medical Insurance Premium Under Sec 80d. We are Providing Full Guide For Medical Insurance Premium. Recently we are providing Procedure For E-Filling of Tax Audit Report, Lost your Pan Card? Don’t worry, Procedure for duplicate Pan card, Calculation and Taxability of House Rent Allowance …

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Top Reasons for Income Tax Refund Failure

Top Reasons for Income Tax Refund Failure

Top Reasons for Income Tax Refund Failure. if you are Searching for reasons for income tax Failure than you are in right place. After providing Latest Income Tax Slab Rates for A.Y 2016-17, Today we provide Top Reasons for Income Tax Refund Failure. You can Find all Reasons for Why Income Tax refund is not received in your bank account or …

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