December 14, 2018

Deduction U/s 80E of Income Tax Act,1961

February 11, 2017 0

Interest on loan taken for Higher Education Conditions for claiming deduction Assessee is an individual Assessee is taking loan from financial institution(i.e banking Company or financial institution notified by Central Govt.) or an approved charitable [Read More]

Deduction U/s 80GG of Income Tax Act,1961

February 9, 2017 0

Deduction in respect of Rent paid Conditions for claiming deductions Individual {Self Employed or Salaried Employee(if he is not in receipt of House Rent Allowance)} HUF(any member of HUF) Taxpayer himself or spouse or minor [Read More]

Deduction U/S 80D of Income Tax Act,1961

February 7, 2017 0

Deduction in respect of medical insurance premium 80D Amount of deduction For Mediclaim: For claiming deduction under this section,payment for mediclaim should be made by any mode other than cash ♠ In case of Individual :– [Read More]