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GST for residential property used for commercial purposes GST for residential property -In a recent decision, the Rajasthan bench of the Authority for Advance Rulings (AAR) clarified how taxes work when someone uses a business house and is registered for Goods and Services Tax (GST). The Case of Deepak Jain…
HRA tax exemption guidelines: Home Lease Allowance (HRA) is a typical element of many staff’ wage packages. In contrast to primary wage, HRA is not completely taxable, topic to particular circumstances outlined in Part 10(13A) of the Revenue-tax Act, 1961.The exemption on HRA reduces the taxable portion of an worker’s…
