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Tax Q&A

Information you need to file your taxes.

Tax Deducted at Source

10-Oct-2003

Is the prize money received in a game show, a contest or the interest paid on auto loan subjected to TDS deduction. Read ahead to know the legalities of Tax Deducted at Source (TDS)

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Educational Loan & Tax Liabilities

03-Oct-2003

Can the payment towards educational loan be allowed as deductible expense and does the inheritance of house make one liable for capital gains? Our tax experts provide the answer to this very common query.

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Setting off Business Loss Against Salary

04-Sep-2003

Is it possible to set off a business loss against salary? What should one do with the retirement benefits to get maximum returns while at the same time lowering the tax liability? This time we examine the tax implications of these issues.

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Taxation of Gifts & Arrears

28-Aug-2003

Often we wish to invest for our children's education and marriage. This time we unfold the tax implication of making investments in the name of children. And also whether can one claim tax rebate for arrears invested in tax-saving schemes

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Foreign Currency Loans

13-Aug-2003

Do you need to know the tax issues involved in taking a foreign currency loan from relatives abroad or those concerning purchase of property in India by NRIs? This tax advice tells you about the legalities involved in two transactions

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Non-Resident (External) Account

12-Aug-2003

What are the legalities involved for NRIs planning to invest in fixed deposits in a Non Resident (External) account in India? Read ahead to know the nitty-gritty.

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