What is Section 80U deduction under Income Tax Act? Learn about the disabilities covered under the Section 80U & amount of deductions available under 80U.
As per Rebate u/s 87A provides exemption, if an individual’s taxable income is upto Rs. 5 lakhs then he will get the tax benefit of Rs. 12,500 or the amount of tax whichever is lower.
Tax treatment of Income Bonus received on salary by salaried individuals under Income Tax Act. Learn how employers deduct TDS on salary including bonus? When is bonus taxed & tax slab rates.
Do you know about the deductions in respect of profits and gains from industrial undertakings? Learn about section 80 - IA & applicable deduction amount.
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.
What is presumptive taxation scheme under section 44ADA? Read who are eligible professionals under section 44ADA presemptive taxation & the implications of choosing section 44ADA.
What is section 50B & slump sale? Learn here how to calculate capital gains u/s 50B & tax rates in case of slump sales & how slump sale is different from the intemised sale?
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.
