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Ask an expert in income tax exemptions
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Sir, I am a central government employee and staying in our office staff quarters. Recently, I purchased a house by taking a home loan from LIC housing finance ltd. and since last 5 months I have been paying interest for it. I am going to pay around Rs.80,000 for this finanacial year. When I was...
How many exemptions are allowed on home based business. Is it up to 9 exemptions?
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Trying to get information on the number of exemptions can be claimed on a home based business. Can a home based business claim 9 exemptions?
Disability income
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I am receiving disability income from an insurance company on which my employer paid the premiums. I know I will have to pay taxes on this income. My question is, "On what form will the insurance company report this income to me". Will it be a 1099? View more questions Search
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