marks india, Maniraj Anantham Declaration under section 206AB of Income Tax Act, 1961 To, (NAME OF THE BUYER/ SERVICE PROVIDER) Dear Madam/Sir, Subject: Declaration confirming the filing of Income Tax Return for immediate two preceding years This is in respect to payments due or paymen... Incometax TDS Dec 3, 2022
marks india, Maniraj Anantham Procedure for Legal Heir Registration on the New Income Tax Portal Procedure for Legal Heir Registration on the New Income Tax Portal The New Income Tax Portal has been now enabled the Registration of Legal Heir, which will ensure the easy filing of Income Tax Return... Incometax Dec 3, 2022
marks india, Maniraj Anantham Set Off and Carry Forward of Loss Under The Income Tax Act 1961 SET OFF AND CARRY FORWARD OF LOSS UNDER THE INCOME-TAX ACT Loss from exempted Sources of Income cannot be adjusted towards taxable Income If income from a selected source is exempt from tax, then loss... Incometax Dec 3, 2022
marks india, Maniraj Anantham Section 37 Allowability of Business Expenditure What are the conditions to be satisfied for the allowability of expenditure under Section 37 of the Income Tax Act 1961? Such expenditure should not be covered under the specific section i.e. sections... Incometax Dec 3, 2022
marks india, Maniraj Anantham INCOME TAX TREATMENT OF GRATUITY What is the maximum amount that can be received as gratuity benefit? Gratuity is a benefit given by the employer to employees. A recently approved amendment by the Centre has increased the maximum lim... Incometax gratuity Dec 3, 2022
Support-Taxrobo TAXABILITY OF GIFTS RECEIVED FROM RELATIVES AND NON RELATIVES Gifts received from relatives are exempt from tax. Who will be considered as relative for the purpose of claiming such an exemption? As per the income tax act of section 56, the sum of money received ... Incometax Dec 3, 2022