What is the significance of the clause - the payment should be made out of income chargeable to tax used in Section 80D.
When under section 80C, the payment may or may not be made out of income chargeable to tax.
Menu
80D VS 80C
Replies (1)
u will get deduction up to only income chargeble to tax other then special rate...not more than that
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
