Searched for
RENT PAID TO WIFE
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
Can ₹11 crore buy a stress-free early retirement in Hyderabad? 37-year-old NRI's query to netizens sparks debate on 'Fat FIRE'A 37-year-old Indian professional in the US, with ₹11 crore in investments and a paid-off Hyderabad home, plans to retire early with his fa...
Man, who retired at 45 with Rs 1 crore, explains how he runs household on just Rs 50,000 a month nowA former HR professional, Amit Chilka, retired at 45 with Rs 1 crore and a Pune flat, relocating to Dehradun. His monthly expenses signific...
Wife earning Rs 1.5 lakh per month sought higher maintenance citing husband’s one acre land and ancestral property; HC refused higher maintenance on this groundA wife earning Rs 1.5 lakh monthly sought higher maintenance from her husband. The Karnataka High Court denied her plea. The court noted he...
5 HRA tax exemption proofs you must have in case income tax dept asksHRA tax exemption documents, proofs: House Rent Allowance (HRA) is generally part of an individual's salary structure. To save tax on rent ...
HRA tax exemption: Are both rent receipts and rent agreement a must as income tax proofs?Documents for HRA tax exemption: To claim HRA from their employers, many salaried employees usually use either rent receipts or rent agreem...
HRA Exemption Rules: How to save income tax on house rent allowance under old tax regimeHouse rent allowance (HRA) tax benefit is available only to salaried individuals who are planning to opt for old tax regime. Further, this ...
Can you claim HRA tax exemption for rent paid to wife, parent or any other relative?HRA Exemption for rent paid to family member: The Income Tax Act allows an individual to claim HRA tax exemption provided specified conditi...
Claiming HRA exemption on rent paid to spouse? New I-T regime will end this game of truth or dare.In end June, the Income-tax Appellate Tribunal (ITAT), which is the final ‘fact-finding’ authority when it comes to tax disputes, held that...
Can I claim HRA tax exemption for rent paid to spouse while filing ITR?You can certainly claim the rent paid to your wife as an expense for the part of the premises used for your business or profession but gene...
Tax queries: How will the refund I receive for delayed delivery of property be treated for tax purposes?Every week, an expert selected by ET answers queries from our readers on income tax.
How will LTCG be calculated on sale of flat held for 24 years?The owner or joint owners of the house will be liable to pay capital gains tax on the gains from the sale of the house in proportion to the...
Is the interest earned on NSCs taxed on annual or accrual basis?The interest accrued is deemed to be reinvested on behalf of the NSC holder each year and you need to declare this interest income.
Can you claim HRA tax exemption for rent paid to spouse? Here's what experts sayA taxpayer is entitled to claim HRA exemption for rent paid to his or her spouse provided there is documentation to prove that the arrangem...
Expert answers income tax queries from ET readersThe gift given to son or daughter by you will not be taxable in their hands. There is no limit to the amount which you can gift to your son...
How dividing rent between spouses can multiply tax gainsIf both you and your spouse are eligible for HRA as part of your salaries, it may work out better if you split the claim.
AAP's Manish Sisodia under cloud for 'misuse' of NGO's foreign fundsArvind Kejriwal's close aide, Manish Sisodia, is alleged to have diverted foreign funds meant for his NGO, Kabir, for personal use.