Monday, 19 November 2012

Leave Travel Concession (LTC) Rules and Benefits

To read the article please click on the link given below:

http://taxbymanish.blogspot.in/2011/09/leave-travel-concession-ltc-rules-and.html

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Section 56(2)(ix): Forfeiture of Advance Money Received – A Critical Analysis

The Dual Conditions for Taxability Section 56(2)(ix) of the Income Tax Act imposes tax liability on sums received as advance or otherwise du...