Article F&Q Income Tax Latest Tax News & Updates Tax Article

Can remuneration received by spouse of an individual be clubbed with his/her Income/ income tax return?

Can remuneration received by spouse of an individual be clubbed with his/her Income CLUBBING OF INCOME IN INCOME TAX ACT– Under certain circumstances as given in section 64(1)(ii) of Income tax law, remuneration /salary received by the spouse of an individual from a concern in which the individual is having substantial interest is clubbed with […]

Article F & q F&Q Income Tax

When relief under section 89 of the Income Tax Act 1961 is available? ||Relief under section 89

When relief under section 89 of the Income Tax Act 1961 is available? ​​ Section 89– Relief under section 89 of Income tax act is available to an individual if he has received Received Salary or family pension in arrears or in advance [Rule 21A (2)] Received Gratuity in excess of exemption under section 10(10)(ii)/(iii) […]