In this section you will get income tax updates, such as press release, notification circular, orders and many more updates,
Latest Post:
Deduction in respect of earnings in convertible foreign exchange.
rtsprofessionalstudy
April 19, 2021
Section - 80HHD, Income-tax Act, 1961-2020 80HHD. (1) Where an assessee, being an Indian company or a person (other than a...
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Deduction in respect of profits retained for export business
rtsprofessionalstudy
April 19, 2021
Section - 80HHC, Income-tax Act, 1961-2020 80HHC. (1) Where an assessee, being an Indian company or a person (other than a...
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Deduction in respect of profits and gains from housing projects in certain cases.
rtsprofessionalstudy
April 19, 2021
Section - 80HHBA, Income-tax Act, 1961-2020 80HHBA. (1) Where the gross total income of an assessee being an Indian company or...
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INCOME-TAX NOTIFICATION NO.32
rtsprofessionalstudy
April 19, 2021
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 15th April, 2021 INCOME-TAX G.S.R....
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Deduction in respect of profits and gains from projects outside India
rtsprofessionalstudy
April 17, 2021
Section - 80HHB, Income-tax Act, 1961-2020 80HHB. (1) Where the gross total income of an assessee being an Indian company or...
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Deduction in respect of profits and gains from newly established small-scale industrial undertakings in certain areas
rtsprofessionalstudy
April 17, 2021
Section - 80HHA, Income-tax Act, 1961-2020 80HHA. (1) Where the gross total income of an assessee includes any profits and gains...
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Deduction in respect of profits and gains from newly established industrial undertakings or hotel business in backward areas.
rtsprofessionalstudy
April 16, 2021
Section - 80HH, Income-tax Act, 1961-2020 80HH. (1) Where the gross total income of an assessee includes any profits and gains...
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Deduction in case of new industrial undertakings employing displaced persons, etc.
rtsprofessionalstudy
April 16, 2021
Section - 80H, Income-tax Act, 1961-2020 C.—Deductions in respect of certain incomes 80H. [Omitted by the Taxation Laws (Amendment) Act, 1975,...
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Deduction in respect of contributions given by any person to political parties
rtsprofessionalstudy
April 16, 2021
Section - 80GGC, Income-tax Act, 1961-2020 80GGC. In computing the total income of an assessee, being any person, except local authority...
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Deduction in respect of certain donations for scientific research or rural development
rtsprofessionalstudy
April 14, 2021
Section - 80GGA, Income-tax Act, 1961-2020 80GGA. (1) In computing the total income of an assessee, there shall be deducted, in...
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Deductions in respect of rents paid
rtsprofessionalstudy
April 13, 2021
Section - 80GG, Income-tax Act, 1961-2020 80GG. In computing the total income of an assessee, not being an assessee having...
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Deduction in respect of donations to certain funds, charitable institutions, etc.
rtsprofessionalstudy
April 13, 2021
Section - 80G, Income-tax Act, 1961-2020 80G. (1) In computing the total income of an assessee, there shall be deducted, in...
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Deduction in respect of expenses on higher education in certain cases
rtsprofessionalstudy
April 13, 2021
Section - 80FF, Income-tax Act, 1961-2020 80FF. [Omitted by the Finance (No. 2) Act, 1980, w.e.f. 1-4-1981. Original section was inserted...
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Deduction in respect of educational expenses in certain cases
rtsprofessionalstudy
April 13, 2021
Section - 80F, Income-tax Act, 1961-2020 80F. [Omitted by the Finance Act, 1985, w.e.f. 1-4-1986. Original section was inserted by the...
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Deduction in respect of purchase of electric vehicle
rtsprofessionalstudy
April 13, 2021
Section - 80EEB, Income-tax Act, 1961-2020 80EEB. (1) In computing the total income of an assessee, being an individual, there...
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