Monday, June 26, 2017

Allowances available to Tax Payers

1.b Allowances available to different categories of Tax Payers S. No. Section Particulars Limit of exemption Exemption available to A. Under the head Salaries 1. 10(7) Any allowance or perquisite paid or allowed by Government to its employees posted outside...

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Income Tax FAQ’s – Part 2

Basic faq's everyone should know :- Article continued from Part 1 ( http://tax.in/income-tax-faqs-part-1/ ) Income-tax is levied on the income of every person. As per Income-tax...

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