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Both ‘attire’ allowance (uniform allowance) and ‘pursuit’ allowance (academic or research allowance)...

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You have purchased the shares when it was unlisted in December 2024...

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A family trust is an AOP where the beneficiaries are individuals....

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For your information, ₹12 lakh tax free limit under the new tax regime applies only to regular incom...

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The benefit of reinvestment of capital gain in a residential house is normally available to individu...

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If the seller obtains a lower rate of deduction certificate then you deduct tax accordingly and depo...

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The Tax Department may raise an issue in the assessment but the Court decisions will help you....

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Shares held by you in a closely held company are a capital asset....

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The Tax Department may raise an issue in the assessment but the Court decisions will help you....