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Post Info TOPIC: TAX QUERIES


Newbie

Status: Offline
Posts: 1
Date:
TAX QUERIES
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SIR I WANT TO KNW WHICH TYPES OF INCOME WHICH ARE ALLOWABLE WHILE CALCULATING INCOME U/H BUSSINESS PROFESSION. I KNW THAT INCOMES WHICH RE CHARGEABLE TO TAX UNDER ANY FOUR HEADS/ EXEMPT INCOMES. SO MY QUESTION IS THAT                           1.LTCG ON SHARES RECOGNIZED THROUGH A STOCK EXCHANGE AND STT IS PAID N HELD FOR MORE THAN 12 MONTHS IS EXEMPT U/S 10(38) SO KYA ISKI DEDUCTION ALLOW HO JAAYEGI WHILE CALCULATING B/P INCOME                                                                         2



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