Many a times, we have been asked by our clients, whether income tax is chargeable on stipend income and whether they should file their income tax returns for the stipend they have earned?
Let’s discuss it in details:-
Taxability of stipend is a matter of debate as Income Tax Act doesn’t spec…
NRI selling the property in India should take advantage of lower TDS permission
Our Flat or house in India is considered as a Capital asset and when we sell this capital asset we need to pay capital gains Tax. If the property is sold within 3 years of purchase, then the assessee incurs short term…