Exemption under Section 10 (1) on agricultural income If you earn any type of agricultural income in a financial year, such an income would be exempted from tax. Agricultural income, as defined under Section 2 (1A) of the Income Tax Act, 1961, would include the following types of incomes...
Section 10(39) of the Income-tax Act, 1961 Exemptions NotifirajivEmail thisPrint this
Section 80G: Under section 80G, the donors of a section 8 company can ask for rebate of upto 50% of the donations made. Section 11: Under Section 11 of Income tax Act, Section 8 Companies are permitted deductions of expenditure from income. No minimum capital required: even...
This research paper, by means of a case study, evaluated whether the foreign employment income tax exemption threshold in section 10(1)(o)(ii) of the Income Tax Act achieved its objectives: first, limiting the impact of the amendment to ... K Sebashe,HL Erasmus,MM Erasmus - 《South Afri...
Amended and updated notes on assessment section 143 of Income Tax Act 1961 as amended by the Finance Act 2022 and Income-tax Rules, 1962.
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCE- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961 DURING THE FINANCIAL YEAR 2022-23
Section 33AB of the Income Tax Act, it elaborates the open provisions which control the deduction which is present. Deduction U/S 33AB of the IT Act Under section 33AB the taxpayer is involved in cultivating and manufacturing the tea or coffee or rubber in India is suitable to avail of...
Section 377 is not altogether useless by any stretch of the imagination. As rape laws in India are not gender-neutral, and only a woman can invoke the same. If the section is struck down in its entirety, it would leave men who have been sodomised with no redressal. The need of the ho...
There was a great need and importance for introducing the provisions of section 68 under the income tax act, 1961 to safeguard and protect the interest of revenue, as assessee was engaged in harmful tax practices to evade tax in the form of Black Money,
Under the provisions of section 10(23C) of Income-tax Act, 1961 (hereafter ' Act') where the total income, of the fund or trust or institution or any university or other educational institution or any hospital or ...