Income Tax Exemption Limit

Raising of exemption limit for Income Tax and exemption of all allowances from Income Tax: NC JCM writes to Finance Minister

Raising of exemption limit for Income Tax and exemption of all allowances from Income Tax: NC JCM writes to Finance Minister Raising of exemption limit of Income Tax to Rs. 5 lakh for Individuals, Rs. 7 lakh for Senior Citizens above 60 years and Rs. 10 lakh for the very old and exemption of all allowances from Income Tax – Com. Shiva Gopal Mishra Secy/NC JCM writes to … [Read more...] about Raising of exemption limit for Income Tax and exemption of all allowances from Income Tax: NC JCM writes to Finance Minister

February 14, 2014 by admin Leave a Comment

Bonus/Mutual Fund/ Dividend: Additional income-tax on distributed Income under section 115R of the Income-tax Act Clarification regarding scope of additional income-tax on distributed Income under section 115R of the Income-tax Act -regarding. Circular No. 6 /2014 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North … [Read more...] about Bonus/Mutual Fund/ Dividend: Additional income-tax on distributed Income under section 115R of the Income-tax Act

January 29, 2014 by admin Leave a Comment

Amendment in Income Tax Act at a Glance: Explanatory notes to the Provisions of the Finance Act, 2013 CIRCULAR NO.03/2014 F. No. 142/24/2013-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ******* Dated, the 24th January, 2013 EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2013 CIRCULAR INCOME-TAX … [Read more...] about Amendment in Income Tax Act at a Glance: Explanatory notes to the Provisions of the Finance Act, 2013