being salaried employee I pay tax ,in current FY , I have invested Rs.10 lacs( through savings account cheque ) to my friends financial consultancy firm who got me much better return than normal FD , I expect Rs.200000 as ROI. How such income can be shown so that max tax benefit avail.
being salaried employee I pay tax ,in current FY , I have invested Rs.10 lacs( through savings account cheque ) to my friends financial consultancy firm who got me much better return than normal FD , I expect Rs.200000 as ROI. How such income can be shown so that max tax benefit avail.
being salaried employee I pay tax ,in current FY , I have invested Rs.10 lacs( through savings account cheque ) to my friends financial consultancy firm who got me much better return than normal FD , I expect Rs.200000 as ROI. How such income can be shown so that max tax benefit avail.
being salaried employee I pay tax ,in current FY , I have invested Rs.10 lacs( through savings account cheque ) to my friends financial consultancy firm who got me much better return than normal FD , I expect Rs.200000 as ROI. How such income can be shown so that max tax benefit avail.
Dear All My name is muthu working in proprietor firm. Just from past 3 months i am getting salary of Rs.19000. here they deducted Rs.566 per month as TDS. Is it applicable for me. In case if i move from this job or resign what to be done? Is any document to be taken from my current firm against this? Kindly advice me.
Re: TDS applicable
by anil on Nov 28, 2010 12:59 PM
Dear Mathu,
i think,tax is not applicable for your salary Because : 100000 saving, 20000 inf bond, 40% of HRA Allowance 9600 CA is exemputed from your salary if u are giving the supporting documents to your firm.
Hi Sir, My annual salary Rs. 500000/- can you tell me how to reduce my income and how to save my Tax. and please tell me all options and rules which help me for save my tax as per income tax rules and sections. Thanks & Regards Ambadas Mittha
What are the limits of exemptions in the following heads; Tranportation Allowance (whehter includes DA or not) Chilren Education Allowance-Reimbursement to what extent exempted Compensatory Allowance whether full exempted of the limit
