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Deduction in case of New Employment – Section 80JJAA of Income Tax Act

July 6, 2024 3705 Views 0 comment Print

Explore Section 80JJAA of Income Tax Act, encouraging job creation in India. Learn about conditions, deductions, and benefits for businesses hiring additional employees.

Capital Gains Exemption on Sale of Residential House under Section 54 of Income Tax Act

July 4, 2024 10620 Views 0 comment Print

Learn about capital gains exemption on the sale of residential houses under Section 54 of the Income Tax Act, including conditions, examples, and key details.

Undisclosed Sources of Income and Tax Rate Applicable [Section 68-69D of Income Tax Act,1961]

July 3, 2024 2529 Views 0 comment Print

Discover the tax implications and rates for undisclosed sources of income under Sections 68-69D of the Income Tax Act, 1961. Learn about cash credits, unexplained investments, and more.

Deemed Ownership of a Property [Section 27 of Income Tax Act, 1961]

June 30, 2024 16026 Views 0 comment Print

Understand deemed ownership under Section 27 of the Income Tax Act, 1961. Learn about conditions where non-legal owners are treated as property owners.

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