Introduction Are you looking to understand about Understanding Section 38 of the Income Tax Act 1961: Building, etc., Partly Used for Business or Not Exclusively So Used ?  This detailed article will tell you all about Understanding Section 38 of the Income Tax Act 1961: Building, etc., Partly Used for Business or Not Exclusively So […]

Introduction Are you looking to understand about Deciphering the General Section 37 of Income Tax Act 1961: An Ultimate Guide ?  This detailed article will tell you all about Deciphering the General Section 37 of Income Tax Act 1961: An Ultimate Guide. Hi, my name is Shruti Goyal, I have been working in the field

Understanding section 36 of Income Tax Act, 1961 : Other deductions Section 36 of the Income Tax Act, 1961 outlines the various deductions that businesses and individuals can claim while computing their taxable income. Let’s break down these provisions in simpler terms: (i) Premiums for Insurance: You can deduct the amount you pay as insurance

Introduction Are you looking to understand about A Comprehensive Guide to Deduction for Expenditure on Prospecting, etc., for Certain Minerals Section 35E of Income Tax Act 1961 ?  This detailed article will tell you all about A Comprehensive Guide to Deduction for Expenditure on Prospecting, etc., for Certain Minerals Section 35E of Income Tax Act

Introduction Are you looking to understand about Amortisation of Expenditure Incurred Under Voluntary Retirement Scheme Section 35DDA of Income Tax Act 1961 ?  This detailed article will tell you all about Amortisation of Expenditure Incurred Under Voluntary Retirement Scheme Section 35DDA of Income Tax Act 1961. Hi, my name is Shruti Goyal, I have been

Introduction Are you looking to understand about “Demystifying Section 35DD of Income Tax Act 1961: Understanding Amortisation of Expenditure in Case of Amalgamation or Demerger” ?  This detailed article will tell you all about “Demystifying Section 35DD of Income Tax Act 1961: Understanding Amortisation of Expenditure in Case of Amalgamation or Demerger”. Hi, my name

Introduction Are you looking to understand about Amortisation of Certain Preliminary Expenses Section 35D of Income Tax Act 1961: A Complete Guide ?  This detailed article will tell you all about Amortisation of Certain Preliminary Expenses Section 35D of Income Tax Act 1961: A Complete Guide. Hi, my name is Shruti Goyal, I have been

Introduction In recent years, the Indian government has been taking steps to encourage skill development and improve the employability of its citizens. One such step is the introduction of Expenditure on Skill Development Project Section 35CCD of Income Tax Act 1961. This section allows businesses to claim a tax deduction on their expenditure related to