A non-resident can claim deduction under section 80C through various items though a non-resident is not entitled to open a ...
ITAT Mumbai held that deduction under Section 80JJAA cannot be allowed when not claimed in the original return of income. Section 80A(5) bars such belated claims raised for the first time before ...
Taxpayers under the old tax regime can claim up to ₹1.5 lakh deduction under Section 80C. But can these tax-saving ...
The Tribunal upheld deletion of a Section 14A disallowance after noting that the taxpayer did not earn any exempt income in the relevant assessment year. The ruling reiterates that Section 14A cannot ...
A Mumbai man's Rs 2 lakh donation to a political party for tax deduction backfired. The Income Tax Appellate Tribunal (ITAT) ...
Contribution to the NPS remains one of the few tax-saving options available under both the old and the new tax regimes, though the benefits are higher in the old regime.
Term life insurance plan and ULIP plan side by side can be an ideal couple for you to move ahead in your life – one will secure your loved ones, and the other will help you achieve the dreams you have ...
Bonus depreciation lets businesses immediately deduct the full cost of qualifying assets, such as property with a tax life of 20 years or less, when placed in service. The OBBBA permanently restored ...
The Ballito Dolphins Rugby Club has launched an urgent drive to secure financial support as it faces a severe funding crisis that threatens its participation in the 2026 season. The club hosted its ...
The contradictory wage discourse obfuscates and legitimises a discriminatory history of wage setting and deductions in the ...
Tax Saving FD vs NSC: Which Investment Helps You Save More Tax? For investors looking for safe investment options with tax benefits, Tax Saving Fixed Deposits (FD) and the National Savings Certificate ...
For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...