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Income Tax Returns Filing: Can Non-Salaried Persons Claim House Rent Allowance?

While filing Income Tax Returns (ITR) House Rent Allowance (HRA) exemption is claimed by salaried taxpayers against the actual rent paid by them subject to certain conditions. Can non-salaried persons living in a rented house claim tax benefits? As per experts, small tax relief against rent paid is available to non-salaried as well as salaried employees who are not getting HRA. aaa

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Tax exemption removal may reduce life insurers wallet share in HNI segment

Notably, income from annuities and single-premium policies generally gets taxed. Income on ULIPs above the annual premium of ₹2.5 lakh has also been taxed for the last two years.

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Updated ITR-U: People can correct income tax returns from prior fiscal years, know details

The ITR-U tax return form allows taxpayers to submit tax returns for the assessment year that is two years earlier to the current assessment year.

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Centre extends deadline for filing income tax returns till December 31

Centre extends deadline for filing income tax returns till December 31
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I-T returns: What s new this year?- The New Indian Express

I-T returns: What s new this year?- The New Indian Express
newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.

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