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income tax calculator for lawyers

Chief law Officer

What are deductions available to lawyers under Indian Income Tax Law ? 

 
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Advocate

asper income tax law, the lawyers income are come under income from proffession. so wat are the eligable detection, they are permitable . no special benefit .

 
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Chief law Officer

 Thank you. What are major deductions available under head " income from profession"?

 
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Advocate

if u have office set up then if u have rent agrrement then u can detect, if u have employee then his salary, office expenses like that

 
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Lawyers are not a saperate entity as per the definition of persons in Income Tax Act.

But they they practice as/in a firm, the tax provisions of firm will be applicable, likewise if they work as individual, then normal taxation as on other individual professional, will be applicable.

In any case, The head "Income from business or profession" will be applicable on Lawyers Income from his profession, except salaried Lawyer.

 
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Advocate Orissa High Court

Advocate are not a seperate entity as per the definition of persons in Income Tax Act.

 The head "Income from business or profession" will be applicable on Lawyers Income from his profession, except salaried Lawyer.

 


 

 

 

 

 
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advocate

My name is abhishek i have some prob. when i m filing the return to make precentage 

 
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advocate

170000/100

 
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advocate

THANKYOU SIR

 
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