Govt rules out tax incentive beyond Rs 2 lakh for second home
Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.
Feb 04, 2017, 17:11 PM IST
Disclose correct details of interest income in ITR: CBDT
The revenue department on Wednesday asked taxpayers to file correct details of interest received from term deposits for the assessment year 2014-15 on or before March 31, while filing their Income Tax returns (ITRs).
Mar 23, 2016, 19:51 PM IST
