while buying/selling we pay the STT thru DP. I have given my PAN number also to DP. Is it necessary to show the transaction in my tax returns. and if so how this should be done. Will there be any benefit . I am only a small transactions customer say around 25000 in a year. mostly buying only. venkat
I am a Government servant having accommodation facility. By GR, the State Government has decided to provide us free accommodation.
However, since at present due to non availability of free accommodation, after obtaining approval, at present I am staying at my headquarter in private bungalow. I used to pay Rs.2000/- p.m. as rent to the owner. The said amount of Rs.2000/- is being sanctioned by the government in my salary slip every month.
Whether the said rental amount of Rs.2000/- paid by me to the owner as rent, is considered as taxable amount?
I have to clarify that due to non availability of government accommodation, the competent authority has sanctioned the rent amount of Rs.2000/- per month which is paid in salary.
Does anyone know how long and how far these bonded labours are legel in INDIA law, as there are number of IT companies who asks for a bond to be signed before u takeup the job..