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 Personal relief Income tax, legally, reduce income tax

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Kaka23
post Apr 30 2012, 12:39 AM

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Today last day to submit e filing? Any extension given?
Kaka23
post Apr 12 2014, 07:23 AM

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Anybody know claims like petrol, mobile phone, meal, parking, etc can be income tax exempted?
Kaka23
post Apr 23 2014, 09:11 PM

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Will we face slow connection on the e filling website towards the few days before closing date?

Kaka23
post May 4 2014, 11:20 AM

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QUOTE(towar @ Apr 30 2014, 04:55 PM)
lets say i am a contractor having a sole properitership.
whats the drawback of not declaring the income at all ?
apart from not being able to apply for loans ?
*
Penalty bro.. End of the day you still need to declare few years back income. Surely one day you want to declare right?

If you want to close the company, need to settle all these first just can officially close the company..

 

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