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Author: Nikita Dhyani

This author has written 43 articles
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Section 80G – Deduction for Donations

Section 80G – Deduction for Donations

  • Post author:Nikita Dhyani
  • Post published:August 17, 2021
  • Post category:Save Tax for Government Employee
  • Post comments:0 Comments

The Income Tax Act permits deduction while finding out the complete available pay to each assessee. One such deduction is permitted under Section 80G of the Income Tax Act, 1961…

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HUF: Hindu Undivided Family of the Income-tax Act, 1961

HUF: Hindu Undivided Family of the Income-tax Act, 1961

  • Post author:Nikita Dhyani
  • Post published:August 16, 2021
  • Post category:Save Tax for Government Employee
  • Post comments:0 Comments

Hindu Undivided Family ('HUF') is treated as an 'individual' under segment 2(31)​ of the Income-charge Act, 1961 (thus after alluded to as 'the Act). Hindu Undivided Family is a different…

Continue Reading HUF: Hindu Undivided Family of the Income-tax Act, 1961
Section 24: Interest on Home Loan

Section 24: Interest on Home Loan

  • Post author:Nikita Dhyani
  • Post published:August 16, 2021
  • Post category:Save Tax for Government Employee
  • Post comments:0 Comments

Section 24 of the income tax act,1961 defines that any individual can claim tax deductions on the interest paid for the property or home loans. Section 24 is also known…

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