Income Tax

In the recent notification dated 24 -10-2020 issued by CBDT it was stated that the due date for payment of self assessment tax was extended upto 31-12-2020 if the tax liability is less than Rs. 1,00,000 for individuals. However ...

Wanted to know under which head below two income will come/added for my mother tax filling . I am assuming both will come under Except income .I have loaded the option available during income tax filling 1)Amount she got ...

Q 1. Does Payment Received from foreign university is taxable in India? I am a resident of India and work from India for a foreign university. Q 2. If it is taxable then as per tax law of India, total ...

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Hi how to show savings that have been accumulated over the years while filing return. For Ex. Saving 2 lacs a year for the last 10 years. 2 lacs saving per year have been shown in the IT returns of ...

1. We(myself and wife) have jointly purchased a flat with my wife as the 1at holder and myself as 2nd holder in September 2019. 2. Two loans have been sanctioned and in both the loans my wife is the ...

Hello!! I am NRI.I have sold shares worth INR 15,000/- in last FY,these shares were acquired long time back and I dont remember the cost of these shares.Should I disclose the sale of shares in my ITR with the cost as ...

I got a message in my phone that my pan is flagged and to file the ITR for the AY 2018-19. deposited Amount is on my savings account and as an agriculturalist do i have to ...

Hi All, Please consider my below Employment history and advise me about taxability on PF withdrawal. Employer 1: May 2012- May 2014 (2 yr) – PF held at EPFO Employer 2: June 2014 – Feb 2019 (4 yr 8 months) – ...

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