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Section 80E of Income Tax Act
Section 80E of Income Tax Act Section 80E is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80E provides the deduction for the interest on the loan is taken for higher education by the taxpayer in the previous year. Following
Section 80DDB of Income Tax Act
Section 80DDB of Income Tax Act Section 80DDB is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80DDB provides the deduction for the amount paid for Medical Treatment by the taxpayer in the previous year. Following is the
Section 80DD of Income Tax Act
Section 80DD of Income Tax Act Section 80DD is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80DD provides the deduction for the medical treatment of a dependant paid by the taxpayer in the previous year. Following is the bare
Section 80D of Income Tax Act
Section 80D of Income Tax Act Section 80D is the very important part of the deduction available to Individuals and HUFs from their gross income. Section 80D provides the deduction for the Premium of Health Insurance paid by the taxpayer in the previous year. Following
Section 80CCG of Income Tax Act
Section 80CCG of Income Tax Act Section 80CCG is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80CCG provides the deduction for the investment made under an equity savings scheme by the taxpayer in the previous year. Following
Section 80CCD of Income Tax Act
Section 80CCD of Income Tax Act Section 80CCD is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80CCD provides the deduction for the Contribution to Pension Scheme by Central Government paid by the taxpayer in the previous year.
Income Tax ComplianceSection 80CCC of Income Tax Act
Section 80CCC of Income Tax Act Section 80CCC is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80CCC provides the deduction for the Contribution to Pension Fund paid by the taxpayer in the previous year. Following
Section 80C of Income Tax Act
Section 80C of Income Tax Act Section 80C is the very important Part of the deduction available to Individual and HUF form their gross Income. Section 80C provides the deduction for the Life insurance premium paid by the taxpayer in the previous year. Following is
Income can only be taxable after sale deed execution
In the case of project completion method, Income can only be taxable after sale deed execution IT: Where the assessee, engaged in construction business, was following project completion method, its income could be brought to tax only in the year when sale deeds of units sold
GST – Landmark judgment GST liability will be huge
GST – Landmark judgment GST liability will be huge. As SC has interpreted article 243 of COI New Okhla Industrial Development Authority (NOIDA) is not a Municipality’ as contemplated in clause (e) of Article 243Pof Constitution; nor is it covered by definition of local authority
SRC Updates: Direct Tax Updates
SRC Updates: Direct Tax Updates 1. ‘Consent Payment’ made by Anil Ambani to SEBI a Business Expenditure U/s 37(1): Mumbai ITAT in the case of DCIT Vs. Anil Ambani while dismissing the appeal of the revenue held that the ‘Consent Payment’ made by the assessee
PASSION FOR PROFESSION-2
PASSION FOR PROFESSION-2 A. Due dates for Compliances under GST for the Month of June 2018 10-06-2018- Due date for filing GSTR -1 for the Month of May 2018 – Applicable for taxpayers with Annual Aggregate turnover More than 1.50/- Crore (Rs. One Crore Fifty