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Tax implications: Here's what you can do when transferring money to your spouse goes beyond basic expenses

Transferring money to your spouse for groceries and other bills typically flies under the tax radar. But anything beyond that may land you in the tax net - Issue Date: May 12, 2024 ....

Sudhakar Sethuraman , Suresh Surana , National Pension System , Shree Tax , Income Tax Act , It Act , House Property , Hindu Undivided Family , Shree Tax Chambers , Income Tax ,

Renting a furnished house; Will a separate rent agreement for fixtures help in saving taxes?

House rent: A landlord might be inclined to charge an higher rental for his/her furnished flat as tenants prefer to stay hassle free and in an homely environment with all the amenities. Experts suggest that a landlord create two separate rent agreement-one for the house rent and another for the rent for furnishings- bed, geyser, mattress, etc. ....

Prasanna Krishnan , Manas Chugh , Shree Tax Chambers , Might Also Like , Osgan Consultants , House Rent , Rent For House Furnishing , Rent Agreement , Furnished House , House Property , Unfurnished House ,

ITR filed, refund not received yet? Here's how you can keep a track and what to do when it's late

The department pays an interest of 0.5 per cent pm or 6 per cent pa is paid from April 1 till the date of the credit of the refund.
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Shree Tax Chambers , Income Tax Act , Help Desk , Service Request , Refund Re Issue , New Request , Income Tax Returns , Ncome Tax Interest , Cpc Bengaluru ,