Answering a reference, the Supreme Court held that deductions under Sections 80-IA/80-IB of the Income Tax Act need not ...

7. He submitted that out of total CSR expenses, sum amounting to Rs.16,80,000/- was eligible for deduction under section 80G ...

Assessee , a salaried employee filed return of income for the assessment year 2016-17 declaring taxable income of Rs.5,39,190/- after claiming various deductions of Rs.1,78,378/- under Chapter VI-A.

Health insurance in India not only ensures medical protection but also offers a range of tax benefits. Here's a complete ...

President Trump’s “one big, beautiful bill” could be in jeopardy due to a major disagreement over SALT, the state and local ...

An ESOP retirement is a beautiful thing: decades of loyalty rewarded by equity in the business you helped build.

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.

Historican Tom Hanchett looks at how Charlotte’s affordable housing problems relate to a bigger issue across the country.

Instead, if after all deductions (like under Chapter VI-A) and rebates, the tax payable is zero, Form 15H can be submitted.” Hence if you are a senior citizen whose income is below the taxable ...

The latest Bollywood thriller Raid 2 stars Ajay Devgn in the lead role, alongside Riteish Deshmukh, Vaani Kapoor, and Saurabh ...

The Art Deco-style tower rises high in the Northwest Goldberg neighborhood, west of the bustling New Center area and next ...

ITR Filing: Income Tax Department has now released forms 1 ... Deductions permitted: While most deductions under chapter-VIA such as section 80C, 80D, 80DD and 80G are not permitted under the ...