Do you know about the tax subsidy for enterprises in Himachal Pradesh, Sikkim, Uttaranchal and North - Eastern states? Learn about section 80 - IC & applicable deduction amount.
Do you know about the deduction in respect of certain income of offshore banking units and international financial services center? Learn about section 80LA & applicable deduction amount.
Do you know about the Deduction in respect of employment of new employees? Learn about conditions to claim deduction & the applicable deductible amount of u/s 80-JJAA
Do you know about the Tax Deduction & Exemptions in respect of Profits and Gains from Business of Hotels and Convention center in NCR? Learn about section 80 - IC & applicable deduction amount.
Do you know you can claim an exemption for your house rent allowance? Read Tax2win's guide to know who can claim HRA exemptions, conditions, limits & process to claim deduction for House rent allowance.
Budget 2020 further extends the benefit of section 80EEA for deduction upto Rs 1.5lakh on home loan taken for affordable housing till 31st March 2021
What is Superannuation? Learn the basic concepts & classification of superannuation, working of superannuation & types of annuity, withdrawal process & tax benefits.
Do you know that you can avail tax deduction on loan taken for purchase of electric vehicle under section 80EEB on Income Tax Act? Learn here the eligibilty criteria & conditions to avail deduction.
Do you know the provision for royalties & fees for technical services in case of non-residents? Learn with our guide about section 44DA, applicability & how to compute income as per section 44DA?
Section 36 of the Income Tax Act illustrates various expenses that are allowed as a deduction from the income earned from business and profession. Read a Summary of deductions u/s 36.
