Please give tips for tax planning for women under head Income from Business & Profession including source of Income.
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 30 December 2008
There are no tax planning measures seperately for male and female under the head business or profession.
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 31 December 2008
Yes, there are no such tax planning measures seperately available for women under the head business or profession.
Shudhanshu Agrawal
(Business)
(2570 Points)
Replied 31 December 2008
Tax Planning is same .....doesnt metter whether male or female
R.Suresh
(Sr. Executive)
(394 Points)
Replied 31 December 2008
Yes, there is no special savings, but female got more quantom of basic exemption compare to male. (i.e)
Male basic exemption limit is Rs. 1,50,000/-
Female basic exemption limit is Rs. 1,80,000/- for the financial year 2008-2009.
Vikash
(Artical)
(39 Points)
Replied 01 January 2009
There is no tax planning for women & man separetely.only tax slab is different from men.exemption limit of women is 1,80,000 whereas men 1,50,000/-
Amit Sureka
(Finance Manager-India)
(251 Points)
Replied 08 January 2009
The treatment of income from business head is same for both.