Tag Archives: Income Tax Deductions

Mediclaim Policy | Section 80D Deductions for FY 2018-19 & AY 2019-20

Know About Mediclaim Policy & Deduction Under Section 80D

Know About Mediclaim Policy & Deduction Under Section 80D. Deduction for Medical Insurance Premium 2019 U/s 80D,  Things You Should Know About A Mediclaim Policy & Deduction Under Section 80D. Mediclaim policies are the talk of the day. They help you financially when you fall ill. But, you also need to know details about the mediclaim […]

Section 44 ADA – Presumptive Tax Scheme for Professionals

Section 44 ADA - Presumptive Tax Scheme for Professionals

Section 44 ADA: Presumptive Tax Scheme for Professionals. Difference Between Section 44AD & 44ADA, Presumptive Income Computation System for Professionals. What is Presumptive Taxation Scheme under Section 44AD of Income Tax Act. Analysis of Section 44ADA of The Income Tax Act, 1961. Everything to know about Presumptive Taxation for Professionals. All About Section 44ADA. In this article we provide complete […]

Interest Expenses – Deduction & ITS Assessment under Income Tax Act

Interest Expenses

Interest Expenses – Deduction & ITS Assessment under Income Tax Act: The Income-tax Act, 1961 (hereinafter “the Act”) provides detailed provisions to claim a deduction of expenses incurred for earning business income. Sections 30 to 36 of the Act deal with deductions for computing profits and gains of business or profession and also prescribes certain […]

Rebate under Section 87A reduced to Rs 2500 for AY 2018-19

CAknowledge.in Updates

Rebate under Section 87A reduced to Rs 2500 for AY 2018-19. Budget 2017 – Rebate reduced to Rs 2500 under Section 87A. Rationalization of rebate allowable under Section 87A. This amendment will take effect from 1st April, 2018. Union budget 2017 is presented by Arun Jaitley on 01-02-2017. As per New Finance bill 2017 Rebate under Section 87A reduced […]

Deduction under section 80C, 80CCC & 80CCD for AY 2017-18

Chapter VIA List of All Deductions

Deduction under section 80C, 80CCC & 80CCD for AY 2017-18. Deductions on Section 80C, 80CCC & 80CCD for ay 2017-18 or FY 2016-17. Check List of Income Tax Deduction under section 80C, 80CCC & 80CCD. In this article you may find complete details for how You can avail the benefit of deduction u/s 80C by investing in the Govt schemes. […]

Chapter VIA List of All Deductions at a Glance, Deduction under Chapter VI-A

Chapter VIA List of All Deductions

Chapter VIA List of All Deductions at a Glance, List of all Income Tax deductions from u/s 80C to 80U. Chapter VIA List of All Deductions at a Glance, Deduction under Chapter VI-A. Here we are providing list of all deductions covered under  Chapter VIA of Income tax act. In this article we provide complete […]

Section 80GGA Deduction for Donation For Scientific Research

Section 80GGA CAknowledge

Section 80GGA Deduction for Donation For Scientific Research, Detailed Analysis of Section 80 GGA, We all know that Section 80G provides a comprehensive list of deductions available for donations. Here, let us do a detailed analysis of Section 80GGA that is Deduction in respect of Donations for Scientific Research & Rural Development. Now you can scroll […]

Taxation of Charitable Trust – Application, Exemption, Returns, Auditing

Taxation of Charitable Trust

Taxation of Charitable Trust – Application, Exemption, Returns, Auditing, Deduction, Accounts. Complete Details for Charitable Trust Taxation in India. In this article we are providing complete details for Tax Matters of Charitable Trust like – Introduction of Charitable Trust, Application of Charitable Trust under section 12A, Charitable Purpose 2(15), Tax Exemption for Charitable Trust, Exemption not available u/s11, Returns of Charitable Trust […]

List of Various Deductions Under Section 80C – Tax Saving

List of Various Deductions US 80C

List of Various Deductions Under Section 80C. deduction under section 80c. Deduction U/S 80C in respect of Life Insurance Premium, Contribution to PF, etc., (Only Individuals/HUF). Find List of Income Tax Deduction under section 80C. Hi Friends here we are providing Complete List of available Deductions U/S 80C for AY 2017-18 or FY 2016-17. In this article you […]

Deduction for Rent Paid Under Section 80GG – All you need to know

Deduction for Rent Paid Under Section 80GG

Deduction for Rent Paid Under Section 80GG, Deduction for rent paid u/s 80GG, Section 80GG Deduction for Rent Paid, Deduction under section 80GG in respect of rent paid for accommodation, There are some sections in the income tax act at which most people don’t pay much attention because they happen to be useful in very few […]