Uncategorized Archives - The Fund Advisor

Section 80CCD : National Pension Scheme

Post author:Nikita Dhyani
Post published:August 18, 2021
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Section 80CCD of the Income Tax Act, 1961 permits Income Tax allowances to singular expense person on the contribution made towards the told annuity plans from the Central Government which…

Section 80G – Deduction for Donations

Post author:Nikita Dhyani
Post published:August 17, 2021
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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…

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

Post author:Nikita Dhyani
Post published:August 16, 2021
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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…