Condition: The building should be used for the purpose of business or profession during the relevant previous year. Deduction: The
Read MoreItems Chargeable Under the Head Business or Profession (Section 28) Sec. 28 Income under the head business or profession (i)
Read MorePerson Responsible to Deduct Tax: Any person, not being an individual or HUF whose accounts are not subject to tax
Read MorePerson Responsible to Deduct Tax: Any person Category of Payee: Any person stocking, purchasing or selling lottery tickets. Rate of
Read MorePerson Responsible to Deduct Tax: Mutual funds or UTI Category of Payee: Individuals and HUF Rate of Deduction of Tax:
Read MorePerson Responsible to Deduct Tax: Post office Category of Payee: Individuals and HUF Rate of Deduction of Tax: 20% No
Read MorePerson Responsible to Deduct Tax: Insurance Companies Category of Payee: Resident Assessee Rate of Deduction of Tax: 10% Exemption Limit:
Read MorePerson Responsible to Deduct Tax: Payment made by specified person other than individual or HUF, who are not subject to
Read MorePerson Responsible to Deduct Tax: Any person being licensed by the Government or a Licensed Bookmaker. Category of Payee: All
Read MorePerson Responsible to Deduct Tax: Any person paying the sum by way of winnings from lottery, crossword puzzle, card game
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