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....
Deduction for Medical Treatment of Specified Diseases under section 80DDB
Introduction Section-80DDB of the Income Tax Act, 1961 provides for deductions for expenditure incurred tow....
Deduction for Interest paid on Education Loans under Income Tax Act
Introduction: Expenditure on higher studies and technical courses like MBA, Engineering, and Medical etc. now....
Extended Due Dates under Income Tax as notified due to Covid-19
The Central Government has made several changes in the various income tax due dates/ deadlines due to pre....