Understanding Section 115BBH of the Income Tax Act: Benefits and Limitations
Section 115BBH of the Income Tax Act, 1961, provides for a special taxation regime for income earned by non-resident Indians (NRIs) on their investments...
Understanding Section 80IA of the Income Tax Act: Eligibility, Benefits, and Sectors Covered
Section 80IA of the Income Tax Act: An Overview
Section 80IA of the Income Tax Act, 1961 is a provision that provides tax benefits to...
The Power of Section 281 of the Income Tax Act: Understanding Asset Attachment and...
The Income Tax Act, 1961 is the primary legislation governing the taxation of income in India. Section 281 of the Income Tax Act deals...
Section 16 of Income Tax Act 1961: Understanding Allowances, Exemptions, and Deductions for Salary...
Section 16 of the Income Tax Act, 1961, deals with the computation of income under the head "Salaries". It specifies the different types of...
Understanding Section 10(23C)(iiiad) of the Income Tax Act
Section 10(23C)(iiiad) of the Income Tax Act, 1961 is a provision that exempts income earned by any university or educational institution from taxation. This...
Section 80CCG of Income Tax Act 1961: All You Need to Know About Rajiv...
Section 80CCG of the Income Tax Act 1961 is a special provision for individuals who want to invest in equity shares or listed units...
Understanding Section 131(1a) of the Income Tax Act
Understanding Section 131(1a) of Income Tax Act
Income tax laws in India are complex and can be difficult to comprehend. Section 131(1a) of the Income...
Section 80IE of Income Tax Act: An Overview of Tax Benefits for Infrastructure Development
Section 80IE of the Income Tax Act, 1961 provides tax benefits to companies that are engaged in the business of infrastructure development. The objective...
Understanding Section 44DA of the Income Tax Act: An Overview
The Indian Income Tax Act, 1961 is a comprehensive legislation that lays down the rules and regulations regarding the taxation of income earned by...
Understanding Section 140B of Income Tax Act: A Comprehensive Guide
Section 140B of the Income Tax Act, 1961 was introduced in the year 2017 as part of the Finance Act. This section aims to...