House Rent (sum of cash given/freedom to maneuver among limits) (permission to not do something) underneath section 10(13A) is unreliable if Salaried individuals obtaining House Rent (sum of cash given/freedom to maneuver among limits) as a part of (money got working) and full fill unelevated 2 conditions:
There are certain changes to Health Insurance Tax Benefits 2018-19 (AY 2019-20) after the Budget 2018. Many of us have health insurance either from our employer or on our own. However, we forget to claim a few tax benefits. Hence, let us understand these changes in detail.
HOW TO CLAIM RELIEF WHEN SALARY IS PAID IN ARREARS OR IN ADVANCE Whereby any portion of assessee’s salary is received in arrears or in advance or by reason of his having received in any one financial year salary for more than 12 months or payment which under the provisions of section 17(3) is a
Income Tax Deductions A tax deduction is a reduction in tax obligation from your gross taxable income. Tax deductions are deducted from taxable income which is also known as adjusted gross income. Tax deduction varies in amount as different incomes are treated differently under various sections of the income tax act.
Many of us might not aware of the maximum benefits which can be available through home loans. You might be planning to buy your first house by taking a home loan. One might be looking to buy a buy home loan for the self-occupied property. There are 3 ways where an individual can get the