Day: November 2, 2023

Section 35(1)(ii) of the Income Tax Act, 1961 allows a deduction of 150% of the

Section 35 of the Income Tax Act, 1961 allows a deduction for expenditure incurred on

If you transfer a newly acquired asset within 8 years, you may have to pay

State and local taxes Under income tax act You cannot deduct state and local taxes

The amount of deduction under income tax depends on the section under which you are