Deduction in respect of purchase of electric vehicle (EV’s) – 80EEB
Section 80EEB is a provision under the Income Tax Act, 1961, which provides tax benefits on the interest paid on …
updates
Section 80CCD – Deduction for Contribution to Pension Funds (NPS & AYP) by employee, employer and voluntary contribution
Section 80CCD of the Income Tax Act, 1961 is a provision that provides tax benefits for contributions made towards the …
Section 80TTA: Deduction for Interest Income
Section 80TTA of the Income Tax Act, 1961 is a provision that provides tax benefits on interest income earned from …
18 Most common Deductions to claim in Income Tax Return
Read Detailed explanation: https://taxupdates.cagurujiclasses.com/section-80c-detailed-explanation/#more-365 2. Section 80CCD (1B): Investments up to Rs. 50,000 in NPS (National Pension Scheme). Read Detailed …
Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]
![Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/xblog-14-768x432.jpg.pagespeed.ic.nuq9z5fgT9.jpg "Exempt Income of Charitable Institution or Fund [Section 10(23C)(iv)]")
Any income of a charitable institution or fund which is approved by the Principal Commissioner or Commissioner having regard to …
Exempt Income of Educational Institutions [Section 10(23C)(iiiab)/(iiiad)/(vi)] Section 10(23C)(iiiab)
![Exempt Income of Educational Institutions [Section 10(23C)(iiiab)/(iiiad)/(vi)] Section 10(23C)(iiiab)](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/xblog-13-768x432.jpg.pagespeed.ic.BeRAZ1xRFv.jpg "Exempt Income of Educational Institutions [Section 10(23C)(iiiab)/(iiiad)/(vi)] Section 10(23C)(iiiab)")
Income of any university or other educational institution existing solely for educational purposes and not for purposes of profit, and …
Exempt Income of research association [Section 10(21)]
![Exempt Income of research association [Section 10(21)]](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/xblog-11-768x432.jpg.pagespeed.ic.uEsvczvf_G.jpg "Exempt Income of research association [Section 10(21)]")
Any income of a research association, approved under section 35(1)(ii)/(iii) is exempt from tax, if following conditions as specified in …
Deadline for Higher Pension ends tomorrow: Should you opt for it?
The deadline to apply for higher pension under the Employees’ Pension Scheme (EPS) ends tomorrow ( July 11), unless the …
GST Portal New – Geocoding Functionality Now Live for All States and Union Territories
Dear Taxpayers, GSTN is pleased to inform that the functionality for geocoding the principal place of business address is now …
Income Tax Refund Rules & How to claim Refund of Taxes Paid & TDS deducted
To file income Tax Return visit www.incometax.gov.in Lets know the due Dates: Due date for filing income tax returns (ITR) …
