Guides on Tax Deductions
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!
Section 40A(2) empowers AO to disallow payments made by the assessee to relatives/ close associate. In this comprehensive guide by H&R Block, the list of specified person and the substantial interest has been discussed.
Introduction of Section 50C, Section 56 (2) (vii), a detailed analysis of its sections, provisions and taxability. Learn more about Capital Gains on sale of immovable property in this detailed guide by H&R Block India.
Section 35D of Income Tax Act provides for Amortisation of preliminary expenses. In this comprehensive guide by H&R Block India, the deduction calculation and other aspects of section 35D have been explained.