Income Tax : Learn about the meaning of donation under the Income Tax Act, 1961, and explore the types of donations, deductions, and conditions...
Income Tax : Learn how Indian laws combat cash transactions through measures like demonetization, Benami Transactions Act, and Income-tax Act. ...
Income Tax : A. Income Tax Act, 1961 discourages transactions in cash through several of its provisions. This is done with a view to- counterac...
Income Tax : Keeping a check on cash transactions under income tax (with illustrations) INTRODUCTION: We come across a common saying ‘Cash is...
Income Tax : A number of new provisions have been introduced in the Income Tax Act from time to time to put restrictions on cash transactions a...
Deduction under section 80GGA of the Income Tax Act, 1961 is available to all the taxpayers in respect of donations made for specific scientific, social or statistical research or rural development. The present article covers the detailed explanation on deduction available under section 80GGA. Categories of persons eligible for claiming deduction under section 80GGA – Deduction under […]
