How to Calculate House Rent Allowance – HRA
House Rent Allowance (HRA) is provided by employer to employee as a part of consolidated Salary or you can say Cost to Company (CTC) to meet rent of accommodati... Read more.
Income Tax rates for FY 2012-13
Income Tax rates for FY 2012-13 (Financial Year 2012-13)and AY (Assessment Year)2013-14 as per Budget 2012.... Read more.
TDS rates Chart for FY 2012-13
TDS rates Chart for FY 2012-13 and AY (Assessment Year)2013-14 as per Budget 2012. How to use above TDS rates Chart for FY 2012-13: Above table is very ... Read more.
Practical aspects of Letter of credit
Background: In the corporate world , you might have heard the word "Letter of credit or LC" . LC is really wide subject. I have try to cover Practical aspects o... Read more.
Due Date Chart of all statutory payments for F Y 2012-13
List of most due date chart of all statutory payments for F Y 2012-13 pertains to central laws. How to use due date chart of all statutory payments : Below ta... Read more.
Pre construction period Interest on housing Loan
As per section 24 of Income tax Act, 1961, Interest on borrowed capital is allowable as a deduction if capital is borrowed for the purpose of purchase, construc... Read more.
Effects of Jantri rates on Capital Gains
Section 50 C of Income Tax Act,1961 was inserted from Finance Act, 2002 w.e.f. 1st April, 2003 which states that While transferring any land or building or both... Read more.