Section 10(1) of the Income Tax Act, 1961: Understanding Exemptions from Tax
Section 10(1) of the Income Tax Act, 1961 provides a list of income that is exempted from tax. It is essential to understand the...
Section 80EE of Income Tax Act: All You Need to Know
The Indian Income Tax Act, 1961, provides various deductions and exemptions to taxpayers to reduce their tax liability. Section 80EE is one such provision...
Understanding Section 89 of Income Tax Act: Relief for Arrears and Advance Salary
Understanding Section 89 of Income Tax Act
Section 89 of the Income Tax Act, 1961 is a provision that helps taxpayers to avoid paying excessive...
Section 54B of Income Tax Act: Tax Exemption on Sale of Agricultural Land
Section 54B of the Income Tax Act provides a tax exemption to farmers on the capital gains earned from the sale of agricultural land....
Understanding Section 115H of the Income Tax Act for Non-Resident Indians (NRIs)
Section 115H of the Income Tax Act: An Overview
The Income Tax Act of 1961 is a comprehensive tax law that covers all aspects of...
Understanding Section 94A of the Income Tax Act: Key Provisions and Implications
Understanding Section 94A of Income Tax Act
Section 94A is a significant provision of the Income Tax Act, which deals with the tax implications of...
Section 40A of Income Tax Act: All You Need to Know
Section 40A of the Income Tax Act, 1961, deals with the provisions for disallowance of certain expenses that are not incurred wholly and exclusively...
Section 139 (9) of Income Tax Act: All You Need to Know about Revised...
Section 139 (9) of the Income Tax Act: An Overview
Section 139 (9) of the Income Tax Act is a provision that deals with the...
Understanding Section 41 of the Income Tax Act, 1961: Implications, Provisions, and Exceptions
Section 41 of the Income Tax Act, 1961 deals with the concept of "Profits Chargeable to Tax". It applies to situations where a business...
Section 80U of Income Tax Act: Deductions for Individuals with Disabilities
The Indian Income Tax Act provides various tax deductions and exemptions to individuals with disabilities under Section 80U. This section allows for a tax...