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HUf individual income?

Asked in Hobbies at 8:06 PM on November 02, 2009

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raina kapoor
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waht is income tax

hissa to dena hi padega isi paise se desh ki development hoti hai......tax paid to government on annual individuals / corporats income....Its a tax taken by govt. over ur income to run the country. In other if we earn more than 1,50,000 RS in a year...That is camaya ham, khay sarkar...BOLA NA BABA KAMANEY ME LAGNEY WALA KAR...look every individual with income of any kind is liable for income tax.basically its

Posted in Delhi by harish at 4:17 PM on March 07, 2008

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what ways to reduce tax burden?

through a cheque out of income chargeable to tax Who can avail the deduction: Individuals, HUF How much: Up to Rs 15,000; senior citizens can claim up to Rs 20,000 4. 80DD Qualifying products: Expenses requirements: Payment has to be made before 31 March 2008 Who can avail the deduction: Individuals and HUF both resident and non-resident How much: Cannot exceed Rs 1 lakh.2. 80CCC Qualifying products: Pension

Posted in Personal Finance & Tax by Seema at 12:11 PM on May 18, 2008

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How to pay the tax under the income tax act ?

to be noted that tax includes applicable Interest chargeable under various provisions of the LTV, Act, 1961....An individual having salary income and no business income must file his return not later than 30th June of the assessment year. The due date of filing the return by an individual having business income and whose accounts are not required to be audited under the Act is 31st August. The return should

Posted in Personal Finance & Tax by seeta rani at 5:00 PM on October 08, 2008

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HOW to reduce your familys taxes?

Ten ways to reduce your familly tax are giveb below- 1. Create an HUF Hindu Undivided Family so that the family property and family income is assessed separately from that of the individual members income is assessed separately from that of the individual members of the family. Tax practitioners can help you in creating an HUF in a perfectly legal manner.2. Open as many assessment files as possible

Posted in Personal Finance & Tax by sarita at 8:08 PM on August 06, 2008

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