The Tribunal held that denial of CSR expenditure under Section 37 does not bar deduction under Section 80G. It ruled that eligible donations forming part of CSR must be examined under Chapter VI-A ...
The Madras High Court held that reassessment under Section 147 of the Income Tax Act is valid if the original order is ...
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NPS Contribution Within Overall Limit Of Rs 1.50 lakh Under Section 80 CCE Will Qualify For Additional Deduction Under Tax Laws
I have been investing Rs 50,000 in the National Pension System (NPS) every year. If I enrol through my employer, will I still ...
ITAT Bangalore ruled that interest earned by cooperative societies from cooperative bank deposits is attributable to their business of providing credit and qualifies for deduction under Section ...
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Budget 2025: Are deductions like home loan, 80C, HRA, standard deduction available under New Tax Regime?
Budget 2025: FM Nirmala Sitharaman is gearing up to present the Union Budget 2025 on February 1, 2025, six months after unveiling the full budget of the Modi 3.0 regime. Taxpayers are eagerly awaiting ...
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