India Income Tax Deductions 2014-15

TAX GUIDE NEW-2013 - Kantilal Patel & Co.
# Interest on NRE account of NRI in any bank in India. Deductions from income # Taxes paid to local authority. # 30% of annual value # Tax on Income, Wealth & non-monetary perquisite & interest on late payment of taxes. ... Document Viewer

Deduction Under Income Tax Chapter VI-A - Edupristine.com
Deduction under Income Tax Chapter VI-A © EduPristine For In order to compute ‘Total Income’, deductions under Chapter VIA are considered and adjusted The total limit under this section is Rs 1.50 lakh from Financial Year (FY) 2014-15 ... Document Retrieval

Income tax 2015-16 - Fakhri Associates
In the Income Tax Ordinance, 2001 (XLIX of 2001), the following further 15A Deductions in computing income chargeable under the head “Income from Property” (1) (h) any expenditure (not exceeding six per cent of the rent chargeable to tax in ... Fetch Full Source

7 Deductions From Gross Total Income - ICAI Knowledge Gateway
7 Deductions from Gross Total Income Key Points Deductions in respect of payments 7.4 Income-tax 80DDB Resident Individual or HUF (for A.Y.2014-15). [The amount of shortfall (i.e. the amount, if any, ... Doc Viewer

NATIONAL INSTITUTE OF TECHNOLOGY CALICUT
Important deductions under Chapter VI-A of Income tax Act are: Sl. No. Section of IT Act; (AY 2014-15), The amount of income-tax shall be increased by a surcharge @10% of the Income-tax. NATIONAL INSTITUTE OF TECHNOLOGY CALICUT ... View This Document

TAX LAWS AND PRACTICE - ICSI
TAX LAWS AND PRACTICE MODULE I PAPER 4 ICSI House, 22, Set-off and Carry-Forward of Losses and Deductions from Total Income (edition based on provisions applicable for AY 2014-15) REFERENCES 1. Bare Act : Income Tax Act, 1961 & Income Tax Rules, 1962 2. ... Return Document

Income Tax Reckoner AY: 2014-15 - Vedjainassociates.com
Total income Income tax Surcharge E. Cess MAT Surcharge E. Cess Up to Income Tax Reckoner AY: 2014-15 33, First Floor, Babar Road, Bengali Market, Deductions under Chapter VI Section Nature Maximum Allowable Deduction ... Access Doc

Case 5 -How To File Return (ITR 4S ) For Business income ...
(Gross receipts = Total receivables without expenses /deductions and adjustments ) How to File ITR 4S for salary and Business Income 44AD AY 2014 15 (Hindi) - Duration: 15:20 How to file ITR 1 Income tax e filing for salaried employee (India) (English) - Duration: 14 ... View Video

The Chart Given Below Describes The deductions Allowable ...
The chart given below describes the deductions allowable under chapter VIA of the I.T. Act from the WEF A.Y. 2014-15. – Section 87A – Income Tax Rebate 80RRB India who receives such income in exercise of his profession. ... Read Content

INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT 2014-15
INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT AssessmentYear [Where the data of the Return of Income in Form ITR-1 (SAHAJ),ITR-2, ITR-3,ITR-4S(SUGAM), ... Fetch Doc

Tax Reckoner 2015-16 - Invest In Mutual Fund Schemes
Tax Reckoner 2015-16 Tax in FY 2014-15 25,750 1,364,750 3,540,625 of India. Income received in respect of units purchased 20% in foreign currency of specifies Mutual Funds / UTI Royalty or fees for technical services 10% ... Doc Viewer

TAX GUIDE 2014-15 - Teamlic
TAX GUIDE 2014-15 Why Do You Need Tax Planning ? Various options for tax planning in India Tax & investment tips for financial year 2014-15 Time to plan your Income and Taxes for 2014-15 * Life Insurance; * Public Provident Fund (PPF); ... Get Content Here

TDS Rate Chart Financial Year 2014 -15
TDS Rate Chart Financial Year 2014 -15 Nature of Payment Made To Residents Threshold(Rs.) term infrastructure bonds from outside India (applicable from July 1, 2012) - 5 5 20 195 income ‐tax is due under sub ‐section ... Return Doc

TAX GUIDE - 2014 - Kantilal Patel & Co.
I. INDIAN INCOME TAX FINANCE (No. 2) ACT, 2014 Deductions from income # Taxes paid to local authority. # Cost Inflation Index for F.Y. 2014-15 is 1024. # No indexation of cost on transfer of bonds or debentures. ... Content Retrieval

Income tax In India - Wikipedia
Income tax in India It has been suggested that Wealth Tax Act, 1957 be merged into Ministry of Finance has notified certain deductions from Gross Total Income of an assessee. Below are deductions as updated by finance act, whichever is lower. WEF A.Y. 2014-15. 80RRB: ... Read Article

IT 2014-15 CIRCULAR - Income Tax Department
The financial year 2014-15. The income-tax is required to be calculated on the basis of the rates Other deductions claimed e) Address of the property f) Amount of loan, if any; . circular India. ] ... Return Doc

Popular Salary & Tax Videos - YouTube
Play next; Play now; 1074 (Income Tax) What is the difference between property TDS , salary TDS and Non salary TDS ... View Video

Worldwide Personal tax Guide 24Sep2014 - EY
2014–15. Preface Governments with the personal income tax, explaining who is liable for tax and, at some length, what types of income are considered taxable India ..557 Indonesia ... View Full Source

C 11 Deductions From Gross Total Income
Computing the total income of the individual for the A.Y.2014-15 and in a case where the Can the aggregate of the deductions under the various provisions of the Income-tax Act, Deductions from Gross Total Income 11.4 Contribution to Public Provident fund (See Note 2) ... View Doc

THE FINANCE (No. 2) BILL, 2014 - Indiabudget.nic.in
BE it enacted by Parliament in the Sixty-fifth Year of the Republic of India as follows: Income-tax Act, 1961 (hereinafter referred to as the Income-tax Act) apply, the tax chargeable shall be ... Retrieve Doc

1032 (DTAA) How Is income Subjected To Double ... - YouTube
The sections 90 and 91 of the income tax act cover this subject ! tax relief = Tax rate of india on doubly taxed income at Canada = 0.248 x 10 lcs = 248000 So , (2014/15) - FINANCIAL FREEDOM INDEX - Duration: ... View Video

Income Tax Slab Rates For Financial Year 2013 - Agcorp.in
Income Tax Slab Rates for Financial Year 2013-14 (Assessment Year-2014-15) Resident Super Senior Citizen Who is 80 Years or more at any time during the Previous year ... Read Here

Section Wise Details Of Deduction Under Income Tax Act,1961
Section wise details of Deduction Under Income Tax Act,1961 Also Read-Allowances / Exemptions available to different categories of Tax Payers DEDUCTIONS [AY 2014-15 & AY 2015-16] production of fertilizer in India; setting up and ... Fetch Here

Taxation Of - Central Board Of Direct Taxes, Government Of India
Tax Payers Information Series 31 Taxation of Salaried Employees, Pensioners and Chapter 10 Taxation of Expatriates 66 Chapter 11 Income tax on Fringe Benefits 72 after allowable deductions, ... Get Content Here