Income Tax Return F.Y. 2021-2022
9 Changes you should know before filing IT returns: – Specific Nature of Pensioners – ITR Forms for 2021-2022 requireRead More
PAN, Aadhaar Mandatory for Cash Deposits or Withdrawals Above Rupees Twenty Lakh
The Central Board of Direct Taxes (CBDT) issued a notification on May 10, 2022, making the furnishing of Permanent AccountRead More
New Income Tax Regime Deduction under Section 80 JJAA
Section 80 JJAA is applicable from AY 2017-18. This section allows deduction in respect of additional employment cost of newRead More
Updated Return
What is an updated Return? The Indian government announced in union budget 2022 an option for taxpayers to correct their ITRead More
Ways to Check Provident Fund Balance With Or Without UAN Number
There are various methods to check the Provident Fund balance without visiting the Provident Fund office. Every month, an employeeRead More
Deduction under section 80 GG
Section 80GG is a special provision under Chapter VI-A of the Income Tax Act, 1961, which provides tax stay to thoseRead More
Section 80EEB Deduction for Interest paid on Loan for E Vehicle
In order to promote the electric vehicles in the country as a measure to combat the rising pollution the UnionRead More
SECTION 80E Deduction on Interest of Education Loan taken for Higher Education
Section 80E covers the deduction on the “interest component” paid on higher education loan from notified financial or charitable institution.Read More
Section 80D
Deduction Under Section 80D Deduction for the premium paid for Medical Insurance You (as an individual or HUF) can claimRead More
SECTION 80C
DEDUCTION UNDER SECTION 80C Section 80C of the Income Tax Act of India is a clause that points to variousRead More