Sr. No. Chapter/ Section of the Act Particular Exemption Provided in MCA Notification A. Chapter 1, Sub-clause (viii) of clause (76) of section 2. Bare Act Language of Section:“related party”, with reference to a company, means- any company which is— (A) a holding, subsidiary or an associate company of such company; or (B) a […]
There is no excerpt because this is a protected post.
There is no excerpt because this is a protected post.
The chart given below describes the deductions allowable under chapter VIA of the I.T. Act from the gross total income of the assessees having income from salaries The following investments/payments are inter alia eligible for deduction u/s 80C:- NATURE OF INVESTMENT REMARKS Life Insurance Premium – in case of individual, on life of[…..]