customersuccess@taxmantra.com
+91 9230033070 
Toll Free: 
Contact Us
Direct Taxes (including International Taxation)
Taxability of encashment of earned Leave
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 25, 2011
Leave encashment is the amount paid for the employee’s leave period, depending upon the leaves to his credit and his salary at the ...
Buy Bonds of NHAI and REC and save taxes on capital gains-Section 54EC
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 24, 2011
This relates to an exemption in the case of capital gains arising from the transfer of long-term assets. The exemption is available to al...
Received arrears of salary??? Get relief in tax liability section 89
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 24, 2011
Section 89 of the Indian Income Tax provides rebate to salaried individuals for receiving any portion of their salary in arrears or in ad...
Challenged individuals can avail exemption upto Rs. 1 Lac from their income- 80U
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 23, 2011
In computing the total income of a resident individual who is suffering from a permanent physical disability, the Income Tax Act provides...
Buy new house property and also save taxes- section 54 of IT Act
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 22, 2011
At times we intend to undertake a financial transaction but delay it as we are not sure of the tax implication of the same. One such fina...
Tax exemptions on Royalty received – 80RRB
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 22, 2011
Section 80RRB of the Income Tax Act, 1961 provides deduction to a resident patentee (including joint patentee) for the receipt of royalty...
Tax exemption on income earned from literacy work or artistic work- 80QQB
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 22, 2011
Section 80QQB of the Income Tax Act, 1961 (“The Act”) provides deduction to a resident author (including joint authors) for ...
Filing of Income tax returns – Interest, penalty, other facts
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 20, 2011
Have you missed your tax filing deadline of 31st July, 2010 for FY 2009-10? Â Nothing to worry. You can still file your Return for the FY...
Investment in scientific research or rural development and save taxes- 80GGA
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 20, 2011
In case you are not engaged in any business or profession and have made donation for scientific research or rural development, then you a...
Save taxes on payment made for medical treatment- 80DD
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 19, 2011
The Income Tax Act provides the facility to an assessee being a resident individual or Hindu Undivided Family, of claiming deduction unde...
File Income Tax Return on time to get prompt refunds.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 19, 2011
Employers usually withhold a certain percentage of your salary for the payment of income tax. But sometimes, these withholdings are great...
FAQ’s on Income Tax Return Filing
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 18, 2011
For the financial 01.04.2009 to 31.03.2010, the last date of filing of income tax return was 31st July, 2010. However the return of incom...
Download Ebook
