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WebApr 10, 2024 · Where a NRI sells a property situated in India, they are liable to capital gains tax in India. If the NRI is a tax resident of another country , they can claim benefit of Tax Treaty provision , if they are more beneficial than the provisions of the Income Tax Act, 1961 . In this article, we have discussed various tax aspects applicable on sale of property by … Web2 days ago · In this article, we will focus on the exemptions and deductions available under the Salary head of the Income Tax Act, 1961. 1. Standard Deduction: From Financial Year … house for rent rundle calgary
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WebTax Laws & Rules > Acts > Income-tax Act, 1961. Income Tax Department > All Acts > Income-tax Act, 1961. Choose Acts: as amended by Finance Act. Section Wise. Chapter … WebNov 22, 2024 · I am a senior manager at KPMG, with specialist knowledge on companies operating within the energies industry in Nigeria. My experience centres on Finance, Tax, Nigeria Content and Transformation Projects. At the tactical level, I have handled compliance, advisory, audits related assignment. However, I currently handle planning, … Web• Section 80E of the Income Tax Act, 1961 allows for tax deductions on interest paid for education loans taken to pursue higher education. As per Section 80E, the tax deduction is applicable on the total interest from EMI paid by the taxpayer during a given financial year. • Only an individual can claim 80E deductions, companies and ... linux memory stream test