A partnership is an arrangement between two or more parties known as partners. They come together with a common objective of doing business. These partners can be individuals, companies, firms, any organizations. A partnership agreement is created defining the shares of each partner, the assets and liabilities shared by them. This deed is protected under […]
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Search Results for: rent agreement
Simple Property Agreement Format to Sell | Purchase & Sale Agreement Template
An agreement to sell is a legal document and an important document in the process of sale and purchase. This legal agreement contains the terms and conditions of sale. An agreement to sale is for immovable properties. This can be used as a property for flat, house and land/plot as well. This agreement abides the […]
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Sample Format of Agreement for Sale of Property, Flat, House and Plot
A sales and purchase agreement (SPA) is a contract between buyer and seller of property that obliges a buyer to buy and a seller to sell a product or service. SPAs are found most often found in real-estate deals as a way of finalizing the interests of both parties before closing the deal. The sale agreement is […]
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Format for Agreement Between Employer and Recruitment Agency
If you have received a demand notice from Income Tax Department then you must respond to it at the earliest. Whatever reasoning or points you wish you raise with the department, you must pen them down in your response letter which will be helpful in bringing clarity on the matter. Such letters are very much […]
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HRA (House Rent Allowance) FAQs
How to Calculate HRA Income Tax Exemption? According to section 10 (13A) of Income Tax Act, 1961 read with rule 2A of Income Tax Rules, least of following three is exempt from tax: 1. Actual HRA received 2. Rent paid in excess of 10% of salary (Basic + DA) 3. 40% of salary (50% if […]
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