Tax Query: What is the tax deduction available on interest on house loan for repairs?

I got my house repaired and took a bank loan for funding…

Tax Query: What are the tax implications of investing in ELSS?

I invest in ELSS (Equity-Linked Savings Scheme) of mutual funds to claim…
TDS return

Tax Query: Are rental payments liable to tax deduction at source (TDS)?

I am salaried, and I pay rent of Rs 35,000 per month…

Tax Query: How are the flexi pay components in my salary taxed?

My annual CTC package includes specific flexi pay components, apart from the…
Tax

Tax Query: Can I claim capital gains exemption on investments in bonds?

I had sold a piece of land under a sale deed registered…

Tax Query: Can I claim tax deduction on stamp duty for purchasing a flat?

I had purchased a flat in January 2020 for Rs 60 lakh. …

Tax Query: Is the rental income of an NRI subject to TDS?

I am a resident of India. I, along with my wife, receive…

Tax Query: What will be the TDS rate for payment to professionals after 14 May?

I am an architect who runs his profession. In the course of…

Tax Query: Can I continue with my LIC policy under the new tax regime?

I bought a life insurance policy five years ago. The term of…

Tax Query: What is the tax benefit of investing in GOI bond instead of FD?

I am 45 years old. I have investments in mutual funds and…