HRA- What is House Rent Allowance, HRA Exemption & Deduction
HRA- What is House Rent Allowance, HRA Exemption & Deduction The concept of Hou....
Extension of due date of ITR for AY 2019-20
Due date of filing ITR for A.Y. 2019-20 has been extended from 31st July 2020 to 30th September 2020. ....
Tax Benefits Towards Education - Tuition Fees Of Children Under Section-80C + FAQs
In the light of government schemes, there is one propolling for children and education welfare. To promot....
Deduction in respect of house rent paid under section 80GG
Deduction in respect of rent paid: [Section-80GG] Where you are a salaried employee and receiving H....
Deduction for donation or contribution made to any political party or electoral trust
In this article, we will discuss the provisions of Income Tax Act, 1961 regarding deductions for donations mad....
Processing of returns with refund claims under section-143(1) of the Act beyond the prescribed time limit in non scrutiny cases
Several ITRs for various assessment years upto A.Y. 2017-18 which were otherwise filed validly under sectio....
Deduction in respect of donations to charitable institutions
India is a country where people generously donate and contribute towards social causes. Such donation are....
Deduction of interest on loan taken for purchase of a electric vehicle
Deduction for Electric Car in India under Income Tax The Central Government has been making efforts for pro....
Deduction in respect of interest on loan taken for residential house property
Introduction Taxpayers who take housing loan get benefits of deduction for interest on housing loan under s....
Deduction for Interest on loan taken for residential house property
Introduction: Section-80EE of the Income Tax Act, 1961 prescribes for deduction towards interest on loan ta....