To provide the complete details of income for the relevant financial year, all assessee must file income tax returns with…
Section 16 of Income Tax Act, 1961 Section 16 of the Income Tax Act of 1961 allows for a deduction…
INTRODUCTION Through the Finance Bill 2018, the govt has presented Section 112A under the tax Act, 1961. The new section…
Due to the country's massive population, there is always a high demand for real estate in India, which usually outnumbers…
Section 68 deals with unexplained cash credit. According to section 68 of the Income Tax Act of 1961, if any…
Individuals can claim certain payments as an expense under the rules of the Income Tax Act of 1961 when their…