Guides on Tax Deductions

Income Tax Deduction Under Section 80C

Deduction under section 80C of the Income Tax Act allows you to save taxes by making investments in several investment avenues. Learn in this guide by H&R Block to understand who is eligible to invest u/s 80c and what is the maximum limit to invest.

Section 43B – Deductions on Actual Payments

Do you know that certain tax deductions are allowed on expenses when they are actually paid as per the provisions of section 43B of the Income Tax Act? Read this comprehensive guide to know about all such expenses and relevant tax deductions.

Dearness Allowance in India

The dearness allowance is the cost of living adjustment paid by the government to the employees of the public-sector units. It is calculated as a percentage of the basic salary. In this comprehensive guide by H&R Block India, dearness allowance has been explained.

Importance of Rental Agreement

A rental agreement is not only important for between landlord and tenant but it is also useful for availing of HRA exemptions from the employer. Read this guide by H&R Block India to know more about rental agreements.

Section 80-IA of Income Tax Act

Infrastructure build assets for the country and makes it important for the government to prioritise the same. Section 80IA looks for the deductions and tax holiday to industrial undertakings and infrastructure development. Know more under this guide of H&R Block, India.

Tax Rebate u/s 87A of Income Tax Act

Learn who can avail tax rebate u/s 87a of Income Tax Act. In this guide by H&R Block we discuss about the eligibility criteria for claiming rebate under section 87a for AY 2018-19 and AY 2019-20. Click here to read the guide now!

Tax Benefits on Home Loans

One of the best ways to reduce your tax liability and save your taxes is to utilize the home loan tax benefit. Read this guide and learn about all the tax benefits you can avail of with your home loan.

Section 80C to Section 80U Deductions

Section 80C to Section 80U guide by H&R Block covers all details that you need to know about deductions that can be claimed while filing your Income Tax Returns.

Which Business Expenses can be Claimed as Tax Deduction

Tax deductions can be claimed for a lot of business expenses while filing your Income Tax Returns. In this guide by H&R Block India, all the business expenses are listed down for which you can claim deductions and minimise your tax liabilities.

Capital Gains Tax India

Capital gains is one of the five heads of income defined under the Income Tax Act, 1961. This guide by H&R Block India helps you understand capital gain, its types and their taxability.

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