CBDT specifies Conditions for exemption of money received from employer or any person for Covid-19 Treatment under Section 56 (2)(x) vide Notification No. 92/2022-Income Tax, Dated: 05.08.2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 5th August, 2022 S.O. 3705(E). - In exercise of the powers conferred by clause … [Read more...] about The amount received in any financial year shall be furnished in Form A to the Assessing Officer within nine months from the end of such financial year or 31.12.2022
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tax relief
Tax Relief in the repercussion of Covid-19 treatment is tax-free under Section 56 (2)(x)
Tax Relief in the repercussion of Covid-19 Documents to be submitted by Employees for Tax Relief in the repercussion of Covid-19 under Section 56 (2)(x): IT Notification No. 90/2022 CBDT specifies Documents to be submitted by Employees for Tax Relief in the repercussion of Covid-19 under Section 56 (2)(x) vide Notification No. 90/2022-Income Tax, Dated: … [Read more...] about Tax Relief in the repercussion of Covid-19 treatment is tax-free under Section 56 (2)(x)
Tax Relief To Family Members of Differently Abled: Section 80DD of IT Act
Tax Relief To Family Members of Differently Abled: Section 80DD of IT Act Press Information Bureau Government of India Ministry of Finance 24-April-2015 17:39 IST Tax Relief To Family Members of Differently Abled Section 80DD of the Income Tax Act, 1961, inter alia, provides for a deduction to an individual or HUF, who is a resident in … [Read more...] about Tax Relief To Family Members of Differently Abled: Section 80DD of IT Act
Salaried women to get higher income tax exemption in the Budget 2014
Salaried women to get higher income tax exemption in the Budget 2014 Good news for salaried women! Narendra Modi Government is considering higher income tax exemption limit for women in the budget for 2014-15. Finance minister Arun Jaitley is restructuring tax slabs and is thus set to approve a proposal to raise the tax exemption limit to Rs 3 lakh from existing Rs 2 … [Read more...] about Salaried women to get higher income tax exemption in the Budget 2014
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