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Please Help: INCOME TAX

Posted Date : 12-Jul-2012 , 12:22:29 pm | Posted By: RITESH YADAV

Category : Income Tax | Answers : 1| Comments : 2| Hits: 215

wat is the diff between tax relief and tax rebate and is there any relief to individual tax payer on purchase of personal computer??

Answers:
   Answer by: Krishna Chandra Santi
Now a days there is no tax rebate exist. Tax relief is allowed only in case of receipt of arrear salary. So purchase of PC doesn't attract provision of such relief.
Comments
Posted By : CA Vikas Maheshwari 12-Jul-2012, 04:13:33
no there is no such provision in income tax relating to relief to individual tax payer on purchase of computer..However if such computer are using in his business or profession then he may claim depreciation.
 
Posted By : CA ISHA MARFATIA 12-Jul-2012, 02:34:07
There is no difference between tax relief and tax rebate. No relief is available to an individual while purchasing a P.C.
 

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