Deduction under section 80U: For Disability of the Individual Himself This deduction is available to Resident Individual for himself. Disability under section 8...
As Section 44AD is applicable on business (click here to read in detail), Section 44ADA applies on professionals.It says that if an eligible assessee (professio...
Introduction-Pardhan Mantri Vaya Vandana Yojna is one of the good investment plans for senior citizens, who has completed 60 years or above. The interest earned...
Introduction 1. Often we hear that fate of our country, India, lies in the growth of its economy. Indian government in order to promote the growth of industr...
There are various questions on the allowability of interest on loan paid for House Property like How much deduction of interest will be allowed from House Prope...
What is Advance Tax?Advance Income Tax means to pay your yearly income tax liability in installments. It reduces the excess burden of assessee�s at the en
In the last part of this summary, we have learned about the basic meaning of TDS, some concepts which were very useful and commonly applied on all sections, and...
The Central Govt. launched the 'Sukanya Samriddhi Account' programme in January 2015 with an objective to promote the welfare of girl child. It is a sma
Recently, Govt. has introduced a law which has given a sudden jolt to the real estate sector. But the fact is, it is not only the real estate sector which would...
In some manner, all of us must have somehow come across the Tax Deductions, be it on Salary, on Fees or any other kind of payments. But people are very less awa...
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English