Relief from taxation in income from retirement benefit account maintained in a notified country Where a specified person has income accrued in a specified account, such income shall be taxed in such manner and in such year as may be prescribed30. Explanation.—For the purposes of this section,— (a) “notified country” means a country as may […]

Relief when salary, etc., is paid in arrears or in advance Where an assessee is in receipt of a sum in the nature of salary, being paid in arrears or in advance or is in receipt, in any one financial year, of salary for more than twelve months or a payment which under the provisions

Rebate in respect of securities transaction tax (1) Where the total income of an assessee in a previous year includes any income, chargeable under the head “Profits and gains of business or profession”, arising from taxable securities transactions, he shall be entitled to a deduction, from the amount of income-tax on such income arising from

Rebate of income-tax in case of certain individuals [Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company

Rebate of income-tax in case of women below sixty-five years  [Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit

Rebate of income-tax in case of individuals of sixty-five years or above [Omitted by the Finance Act, 2005, w.e.f. 1-4-2006.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration |

Rebate in respect of investment in certain new shares or units [Omitted by the Finance (No. 2) Act, 1996, w.r.e.f. 1-4-1994.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration

Rebate on life insurance premia, contribution to provident fund, etc [Omitted by the Finance Act, 2023, w.e.f. 1-4-2023.] Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit |

Rebate of income-tax in case of certain individuals An assessee, being an individual resident in India, whose total income does not exceed five hundred thousand rupees, shall be entitled to a deduction, from the amount of income-tax (as computed before allowing the deductions under this Chapter) on his total income with which he is chargeable

Rebate to be allowed in computing income-tax (1) In computing the amount of income-tax on the total income of an assessee with which he is chargeable for any assessment year, there shall be allowed from the amount of income-tax (as computed before allowing the deductions under this Chapter), in accordance with and subject to the