Leading site in Income Tax, GST, Finance, Accounts and corporate Law.

  • HOME
  • ACCOUNTS
  • INCOME TAX
  • GST
  • PERSONAL FINANCE
  • CORPORATE LAW
  • PROFESSIONAL COURSES
  • ROC

Last Updated April 5, 2016 Filed Under: SALARY

HOUSE RENT ALLOWANCE EXEMPTION: EXCEL CALCULATION

We are discussing here all concepts related to House Rent Allowance Exemption. As we know owing a home is a dream of every salary earning individual. It takes a lot of time and efforts to fulfill this dream. The best part of owning a home is not to … [Read more...]

Last Updated June 11, 2015 Filed Under: SALARY, Uncategorized

TAX TREATMENT OF ACCOMMODATION FACILITY PROVIDED BY THE EMPLOYER

With booming salary packages, Indian corporate have also started proving accommodation facility to their top level executives. It is a perquisites as per Income Tax Act, 1961. Let us understand the tax of it. Relevant terms:  a. Accommodation … [Read more...]

Last Updated October 5, 2020 Filed Under: SALARY

Tax Treatment Relating To Provident Funds

There are various types of provident funds. Based on their types, the tax treatment differs for each fund. I have explained the each provident fund treatment in below table Particulars Statutory PF Recognized PF Unrecognized … [Read more...]

Last Updated April 25, 2016 Filed Under: SALARY

LEAVE ENCASHMENT TAXABILITY

Have you taken all leaves from your Leave Bank ? or Have some leave left in your account ? if so then why dont you encash them according to your leave policy. Leave Encashment is another way of motivating employees to take less leave and work more. … [Read more...]

Last Updated February 26, 2015 Filed Under: SALARY

Employee stock option scheme

EMPLOYEE STOCK OPTION SCHEME employer stock option means any specified securities or  sweat  equity shares , allotted or transferred  by the present or former employer ,to the employee, directly or indirectly, either free of cost or at a … [Read more...]

Last Updated August 25, 2017 Filed Under: SALARY

Leave Travel Allowance – TAXABILITY

LEAVE  TRAVEL ALLOWANCE [ SEC-10(5)] MEANING : LTA may be provided by the employer to the employee and his family- In connection with his proceeding on leave to any place in India, while in service. proceeding to any place in India … [Read more...]

Enter Your Email ID

Get Free Updates on Tax planning & Personal Finance

Question & Answers

  • neeta on TDS on Director Remuneration
  • Dinesh Singhal on Section 195 TDS on Payment to Non Resident: A Guide
  • Mrs.Divaben BABUBHAI Patel on Income Tax help Line contact numbers
  • Shivani on How to download balance sheet of a company ?
  • SHYAM SUNDAR PATODIA on How to download balance sheet of a company ?
  • govind singh bisht on How to convert XBRL File to PDF in 4 Easy Steps
  • Didan Francis on How to download balance sheet of a company ?
  • CA Harish Negi on TDS on Director Remuneration
  • CA Harish Negi on How to download balance sheet of a company ?
  • Ravi on How to convert XBRL File to PDF in 4 Easy Steps

Personal Investment Tips

National Pension Scheme: A Guide on NPS

Small Cap Funds: Risky & Profitable

PRAN Card: How to Apply Online in 9 Simple steps

PPF Loan: A Complete Guide

Accounting

How to prepare cash flow statement in easy steps: A Master Guide

Ind AS 116 Leases

Accounting Equation Formula and Concepts Explained

25 important Accounting Ratios you must know

  • About
  • Privacy Policy
  • Contact
  • Disclaimer
  • Sitemap

Copyright@2017