#deductions

tanishkaruia15

Section 80GG of Income Tax Act, 1961: Deductions in respect of rents paid

#deductions #rentpaid The section states that: In computing the total income of an assessee, not being an assessee having any income...

Shruti Sharma

#section16 #incometaxact #deductions #salaries The Income Tax Act of 1961, Section 16, allows for a deduction from income subject to tax...

Shubham Mishra

#Section43b #IncomeTax #Deductions #Payment A list of expenses permitted as deductions under the heading "Income from business and...

Manasa M

Shubham Mishra

#Section42 #IncomeTax #MineralOil #Deductions #Business (1) Any agreement between the Central Government and any person for the...

tanishkaruia15

#incometaxact #houseproperty #deductions The section states that: Income chargeable under the head "Income from house property" shall be...