DEDUCTIONS UNDER SECTION 80C, 80D, 80E, 80GG, 80TTA, ETC. Section Eligible Investments for Tax Deduction Maximum Amount allowed as Deduction 80C Investment in PPF , …
Deductions under Chapter VI-A i.e. Deductions under Section 80C to 80U, Deductions under Section 80 Read More Section 80G : Deduction for Donations Donations specified under 80G are eligible for deduction fully (100%) or Partly (50%) with or without restrictions. Any donations …
Section 80G : Deduction for Donations Read More TAX ON PRESUMPTIVE BASIS IN CASE OF CERTAIN ELIGIBLE BUSINESSES OR PROFESSIONS To give relief to small taxpayers from the tedious job of maintenance of …
PRESUMTIVE TAXATION UNDER SECTION-44AD, SEC- 44AD OF INCOME TAX ACT Read More ANALYSIS OF SECTION – 206AA, 206AB & 206CCA SECTION 206AA : (APPLICABLE FROM 01-04-2010) 20% TDS IN CASE OF NO PAN OR NON-FURNISHING OF PAN …
HIGHER RATE OF TDS UNDER SECTION-206AA & 206AB, HIGHER RATE OF TCS U/S-206CCA Read More Section-194Q : TDS on Purchase of Goods exceeding Rs. 50 Lakhs The Finance Act, 2021 has introduced new section 194Q. It is effective from 1st July 2021. …
Section-194Q : TDS on Purchase of Goods Read More Section 40A (3) is an important section of the Income Tax Act that ensures that there is proof of payment made which helps to reduce …
Section 40A (3) of Income Tax Act – Disallowances of Expenditure made in Cash Read More What are Form 15CA and 15CB ? Form 15CA : Any payments made by a resident to a non-resident has to be reported under the …
What are Form 15CA and 15CB, How To E-File Form 15CA And 15CB, 15CA & 15CB FORM Read More Analysis of Portuguese Civil Code What is Portuguese Civil Code? The Portuguese Civil Code, 1860 in India is applicable only to the state of GOA …
Portuguese Civil Code Applicability in Income Tax Filing : Are you governed by the Portuguese Civil Code ? Read More INCOME TAX SLAB RATES FOR AY 2021-22 i.e. FY 2020-21 1. For An Individual (Resident or NRI and Age below 60 years), HUF, AOP, BOI …
INCOME TAX SLAB RATES FOR AY 2021-22 (FY 2020-21), OLD SLAB RATE VS NEW SLAB RATE, OLD REGIME VS NEW REGIME, SPECIAL TAX RATES U/S- 115BA, 115BAA, 115BAB, 115BAC Read More Income Tax Act, 1961 Sec-1 : Short Title, Extent & Commencement Sec-2 : Definitions Sec-3 : Previous Year (Definition) Sec-4 : Charging of Income Tax …
Income Tax (Part-1) : Basics of Income Tax Read More