Webq) Deduction for donation made to university, college, or other institution for doing research in social science or statistical research [Section 35(1)(iii)]; a) SURCHARGE: Surcharge is levied on the amount of income-tax at following rates if the total income of an assessee exceeds specified limits: Web13 Apr 2024 · Exemption on Voluntary Retirement 10(10C), Gratuity u/s 10(10), and Leave Encashment u/s 10(10AA). Amount paid or deposited in the Agniveer Corpus Fund. Interest and maturity proceeds from schemes such as Public Provident Fund (PPF) and Sukanya Samriddhi account and Life Insurance Policies remain Tax-Exempt under the New …
Section 10A Income Tax Act provisions you must know
Web3 Aug 2024 · Exemption under section 10(10AA):- Least of A , B (i, ii & iii) - i) Average Salary of 10 months: 300000 ii) 30 leaves per year allowed (30*20-actual leave taken)*1000 = … Web3 Dec 2024 · Recently, the Mumbai Tribunal, relying on a decision of Supreme Court, issued a landmark decision in the case of Reliance Industries Ltd, holding that the taxpayer is … breakfast in america in paris
Check if you can claim super-deduction or special rate first year ...
WebSection 10 (3) Income received via casual forms up to ₹5000 and up to ₹2500 for occasions like horse-racing. Section 10 (2A) Income received from the profit of being a partner to a … Web28 Jun 2024 · Leave Encashment or Leave Salary Tax Section 10 (10AA) Many organisation provide the facility of Leave Encashment (by whatever name called be it earned leave, sick … Web31 Jan 2024 · Under Section 10A, the provisions apply to all industrial undertakings related to the export of certain things, articles, or software. On the other hand, Section 10AA is … costco travel hawaii two