CAclubindia Articles

Section 80U: Tax Exemption for Disabled Persons in India

Posted by Pranab Banerjee 18 January 2022 9488 Views

Claim tax benefits under Section 80U for disability. Learn eligibility, exemption amounts (Rs. 75,000 to Rs. 1,25,000), and required medical certificates.

GST Valuation: Free of Cost Supplies Explained

Posted by FCS Deepak Pratap Singh 16 January 2022 7974 Views

Understand how GST applies to free of cost supplies. Learn valuation rules for related and unrelated parties under Section 15.

Insurance Policy Warranties: Courts Can't Alter Terms

Posted by FCS Deepak Pratap Singh 16 January 2022 1582 Views

Discover why courts cannot change insurance policy terms. Learn about warranty breaches and their impact on claims. Read our analysis.

Missed ITR Deadline? File Your Belated ITR Now!

Posted by CS Lalit Rajput 15 January 2022 11754 Views

Haven't filed your Income Tax Return (ITR) by the deadline? Discover how to file a Belated ITR, penalties, and crucial deadlines to avoid further issues.

Insurer Can't Deny Claims for Pre-existing Conditions

Posted by FCS Deepak Pratap Singh 15 January 2022 6072 Views

Supreme Court rules insurers can't deny claims based on disclosed pre-existing conditions. Learn your rights and understand policy exclusions.

HUF & Section 23(2) Benefits: Gujarat High Court Ruling

Posted by FCS Deepak Pratap Singh 15 January 2022 4483 Views

Discover if Hindu Undivided Families (HUFs) can claim benefits under Section 23(2) of the Income Tax Act. Learn about the Gujarat High Court's decision.

Section 35AD Tax Deduction: Gas Pipeline Business

Posted by FCS Deepak Pratap Singh 14 January 2022 5643 Views

Understand Section 35AD deductions for specified businesses like gas pipelines. Learn about capital expenditure, set-off, and carry-forward of losses.