Income from futures and options is not treated as speculative any longer. Therefore, you may set off the loss from…
UTI?s ULIP is a debt-based instrument and therefore, long-term capital gains are taxed at the rate of 20% flat and…
It is only in respect of a company or any other person whose accounts needed to be audited or for…
Yes, you can claim the benefit of Sec 80C on stamp duty and registration charges.
It appears that you intend to use your wife as a name provider for investing your own money. This is…
STT is tax deductible from the tax on profits from your securities transaction. But for this you will have to…
Your accountant has rightly observed that u/s 111A, the benefit of your contribution of Rs 1 lakh is available only…
On dividends from non-equity funds there is a dividend distribution tax applicable that is payable directly by the mutual fund
U/s 24, the interest on housing loan is first to be deducted against the income from housing property, and the…
Your point is extremely valid and fair, however, our laws were never known for their fairness.
Gold ETF is a unique product where though it is listed on the exchange, it is not an equity-oriented fund.…
Your CA friend is right. The first property that you buy is exempt from income tax. However, the second property…
