Deductions allowable to tax payer | 14459 | Income-tax Act provides certain deductions to
compute the actual taxable income. The nature of deductions from total income
is different for each category of income. The document will provide a list of
all deductions available to different categories of taxpayers for different
categories of incomes and the conditions thereof. | | 7/2/2022 6:28:38 AM | Section Nature of deduction Who can claim 3. Deduction shall be allowed under section 32AD in addition to deduction under section 32AC if assessee fulfils the | 109063 | https://www.incometaxindia.gov.in/Charts Tables/Forms/AllItems.aspx | html | False | htm | | Charts & Tables | | | | | | | | | | | | | 26b89a4f-398f-430e-bccf-2f9843f0620c | 33 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Treatment of income from different sources | 419471 | | | 9/22/2022 3:13:32 PM | e) Where deduction has been allowed under this section, no deduction shall be allowed in respect of such Aggregate Deduction for interest on borrowed capital is allowed up to Rs | 2610 | https://www.incometaxindia.gov.in/Documents/Left Menu | html | False | htm | | Others | | | | | | | | | | | | | 6da74bef-4aea-484a-a870-02587928d7dc | 416 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Treatment of income from different sources | 419723 | | | 9/22/2022 6:12:44 AM | Any income which is not chargeable to tax under any other heads of income and which is not to be excluded from the total income shall be chargeable to tax as residuary income | 25640 | https://www.incometaxindia.gov.in/Documents/Left Menu | html | False | htm | | Others | | | | | | | | | | | | | 6da74bef-4aea-484a-a870-02587928d7dc | 431 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions allowable to tax payer | 419724 | | | 9/22/2022 6:12:44 AM | 1. Deduction is limited to whole of the amount paid or deposited subject to a maximum of any time during the previous year, but the deduction shall be available on so much of the | 2687 | https://www.incometaxindia.gov.in/Documents/Left Menu | html | False | htm | | Others | | | | | | | | | | | | | 6da74bef-4aea-484a-a870-02587928d7dc | 399 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions for services rendered | 418294 | | | 7/2/2022 5:15:43 AM | of employment or otherwise, and such
deduction shall not exceed an amount equivalent to it in this behalf make the deductions
authorised under clause (dd)
of sub-section (2 | 80 | https://www.incometaxindia.gov.in/Acts/Payment of Wages Act, 1936 | html | False | htm | | Act | Payment of Wages Act, 1936 | 11 | EMPTY | EMPTY | | | | | | | | | 13896cd1-2b32-4ec2-8593-d8603ef8120d | 27380 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Finance Minister’s Budget announcement – phasing out plan of deductions under the Income-tax Act | 40120 | | | 11/20/2015 11:16:35 AM | It is proposed that no weighted deduction will be allowed on any specified business w.e.f (b) deduction under section 35(2AB) of the Income-tax Act is proposed to be limited to 100 | 32 | https://www.incometaxindia.gov.in/News/Forms/AllItems.aspx | pdf | False | pdf | | News | | | | | 2015-11-19T18:30:00.0000000Z | | | | | | | | d314f41b-9f7e-47e9-8dec-841d42e3c73c | 91 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions which may be made from wages | 417932 | | | 7/2/2022 5:15:55 AM | or his
agent shall, for the purposes of this Act, be deemed to be a deduction from wages shall not be deemed to be a deduction from wages in any case where the
rules framed by | 72 | https://www.incometaxindia.gov.in/Acts/Payment of Wages Act, 1936 | html | False | htm | | Act | Payment of Wages Act, 1936 | 7 | EMPTY | EMPTY | | | | | | | | | 13896cd1-2b32-4ec2-8593-d8603ef8120d | 27484 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions for damage or loss | 418292 | | | 7/2/2022 5:15:43 AM | [(1) A deduction under clause (c)
or clause (o) of sub-section
(2) of section 7 shall (2) All such deductions and all realisations thereof shall be recorded
in a register to | 4 | https://www.incometaxindia.gov.in/Acts/Payment of Wages Act, 1936 | html | False | htm | | Act | Payment of Wages Act, 1936 | 10 | EMPTY | EMPTY | | | | | | | | | 13896cd1-2b32-4ec2-8593-d8603ef8120d | 27376 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions for absence from duty | 417934 | | | 7/2/2022 5:15:55 AM | (2) The amount of such deduction shall in no case bear to the wages payable
to the respect of the wage-period for which the deduction is made a larger
proportion than the | 98 | https://www.incometaxindia.gov.in/Acts/Payment of Wages Act, 1936 | html | False | htm | | Act | Payment of Wages Act, 1936 | 9 | EMPTY | EMPTY | | | | | | | | | 13896cd1-2b32-4ec2-8593-d8603ef8120d | 27491 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | | |
Deductions | 18110 | | | 6/16/2014 6:27:44 AM | | | https://www.incometaxindia.gov.in/Lists/Rule Subjects/AllItems.aspx | | False | | | Rule | | | | | | Deductions | | | | | | | ee23d0a4-4a26-4f60-a6f2-9a714467b9a9 | 193 | a70a4758-4931-403d-8a28-e1255b78386d | https://www.incometaxindia.gov.in | 29A | |