Under the Income Tax Act, 1961, any sum of money or the value of any
INCOME FROM MACHINERY, PLANT OR FURNITURE LET ON HIRE
Income from machinery, plant or furniture let on hire is taxable in India under the
INTREST EXEMPT UNDER SECTION 10(15)
Under Section 10(15) of the Income Tax Act, 1961, the following types of interest are
INTREST ON SECURITIES
Interest on securities under income tax is the interest income that is received by an
WINNINGS FROM LOTTRIES’ CROSSWORD PUZZLES, HORSE AND CARD GAMEISTC
The income tax treatment of winnings from lotteries, crossword puzzles, horse and card games etc.
INCOME FROM OTHER SOURCES
The tax treatment of shareholders under income tax in India depends on the type of
AMOUNT OF EXCEMPTION
The amount of exemption under income tax in India varies depending on the taxpayer’s age
SPECIAL PROVISIONS IN THE CASE OF A NON – RESIDENT INDIA
There are a number of special provisions under the Income Tax Act, 1961, for Non-Resident
COMPUTATION OF CAPITAL GAINS IN THE CASE OF NON- RESIDENT
Identify the type of capital asset :Capital assets are classified into two categories: short-term capital
COMPUTATION OF CAPITAL GAINS IN THE CASE OF NON- RESIDENT
Identify the type of capital asset :Capital assets are classified into two categories: short-term capital