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Section 194R TDS on benefits/perquisites provided in the course of business

June 20, 2022 5325 Views 1 comment Print

Understand the implications of Section 194R TDS on benefits and perquisites in business. Learn about the rates, thresholds, and deductions.

Section 80CCD(1B) deduction – Contribution to National Pension System (NPS)

March 11, 2022 22830 Views 1 comment Print

Income Tax deduction Under Section 80C allows deduction in respect of investment LIC, Housing loan principal repayment, Children education fee etc.) and Under Section 80CCC allows deduction in respect of contribution for contract of annuity for receiving pension offered by LIC or other insurers). Total deuction under both Section 80C and Section 80CCC However, if […]

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