Day: November 24, 2023

The maximum amount of deduction under Section 80C is Rs. 1.5 lakh per year. This

The amount of deduction for a general provision is the amount that is reasonably estimated

Deductions should be claimed in the income tax return to reduce your taxable income and

An audit is a systematic and independent examination of financial information of any entity, whether

The requirement to repatriate sales proceeds into India is a regulation that is imposed by

Literally: It means that the new company should not be formed by transferring old machinery from

Here are some general principles of conditions to be satisfied: A condition precedent must be

The following conditions must be satisfied in order to claim a tax deduction under Section

The following conditions must be satisfied in order to claim a tax deduction under Section

Special provisions in respect of newly established undertakings in free trade zone etc. (sec10 A)