Tax Planning

sahilkakwani on August 13th, 2012

What are infrastructure Bonds? Infrastructure bonds are long term investment bonds issued by any non banking financial company like Industrial Finance Corporation of India or IDF. These companies are an ombudsman borrowing from the investors and lending to the government. These bonds are used to fund government’s infrastructure projects. Thus an individual is directly helping […]

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sahilkakwani on August 13th, 2012

What is HINDU UNDIVIDED FAMILY (HUF)? Under the Income-tax Act, a Hindu undivided family is treated as a separate entity for the purpose of assessment. The term “Hindu undivided family” has not been defined under the income-tax Act. The expression is however, defined under the Hindu law, as a family which consists of all the […]

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