How income tax department treat consultancy income?

tax on consultancy income

Looking at the current scenario, the concept of working both for the employer and the employee is getting in a different segment. Working as a consultant is very flexible and independent, many of the company working in projects use to appoint an experienced person as a consultant. how much tax on consultancy income imposed. How Income Tax department treat … Read more

Car Allowance Exemption u/s 10

car allowance exemption

Many of the corporate provide car allowance to their staff which was incurred for official use. The question raised “is car allowance income tax liability”. There are some of the facts or points you must understand regarding Tax Exemption on Car Allowances or fuel reimbursement policy. We will drive deep to clear and understand all the stuff about … Read more