Income Tax & Investment 2018
- Edition : March 2018
About :
⚫ Tax rate reduced to 5% for income up to 5 lakh.
⚫ Partial (25%) withdrawal from NPS shall be tax free.
⚫ No revenue/capital expenses allowed more than Rs.10000 in cash.
⚫ Base year for cost inflation index changed from 1981-82 to 2001-02
⚫ Tax rate reduced to 25% for Domestic Co,having turnover up to 50 Cr.
⚫ Set off of loss from house property with other head now limited to Rs.2 lakh.
⚫ Cash receipt of 2 lakh and above from a person in a day shall be penalised.
⚫ Partial (25%) withdrawal from NPS shall be tax free.
⚫ No revenue/capital expenses allowed more than Rs.10000 in cash.
⚫ Base year for cost inflation index changed from 1981-82 to 2001-02
⚫ Tax rate reduced to 25% for Domestic Co,having turnover up to 50 Cr.
⚫ Set off of loss from house property with other head now limited to Rs.2 lakh.
⚫ Cash receipt of 2 lakh and above from a person in a day shall be penalised.
This Edition Will Be Available By 3rd Week Of July
- Price: 100
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