Month: November 2023

The income tax treatment of central and state government employees is the same as for

The valuation of rent-free unfurnished accommodation under the Income Tax Act, 1961 depends on the

The valuation of rent-free unfurnished accommodation under the Income Tax Act, 1961 depends on the

Perquisite is a benefit or an advantage that an employee receives from his/her employer over

The amount of exemption under income tax in India varies depending on the taxpayer’s age

There are a number of special provisions under the Income Tax Act, 1961, for Non-Resident

Identify the type of capital asset:Capital assets are classified into two categories: short-term capital assets

Enhanced compensation is any additional compensation received over and above the original compensation that was

When enhanced compensation is paid but is the subject matter of a dispute under income

Computation of capital gains in the case of compulsory acquisition of an asset under income