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Deductions under Section 80C to 80U

Deductions under Section 80C to 80U of the Income Tax Act play a crucial role in reducing the taxable income for individuals. Let's explore...

Concept of Depreciation and Accumulated Depreciation?

Depreciation: CA Devesh Thakur Definition: Depreciation is the systematic allocation of the cost of a tangible asset over its useful life. It represents the decrease in...

Capital Gain on Sale of Depreciable Assets

Definition: CA Devesh Thakur Capital gains arise when a depreciable asset is sold at a price higher than its written down value. Depreciable assets include tangible...

How to validate Aadhaar on ICEGATE New Portal 2.0

https://youtu.be/85CvjYir93s Login to ICEGATE: Visit the ICEGATE portal. Log in using your credentials (ICEGATE ID and Password). Navigate to Aadhaar Validation Section: Once logged in, go to the relevant...

Types of roles under ICEGATE?

https://youtu.be/85CvjYir93s Select one role from below optionsEntities Related to Import/Export: Importer/Exporter: The primary stakeholders of ICEGATE, as they directly engage in import/export activities. Both need ICEGATE registration to file...

Popular articles

Deductions available to individuals under the Old Tax Regime

SectionDeductionMaximum LimitApplicabilitySection 80CInvestments in PPF, EPF, LIC, NSC, ELSS,...

Rules of Debit and Credit: Traditional Approach vs Modern Approach

In accounting, the rules of debit and credit are...

Types of TDS Forms and Their Purpose

S. No.Form No.Detailed DescriptionDue Dates1Form 26QThis form is used...

India’s New Income-Tax Bill 2025: A Game-Changer for Taxpayers?

The Income-Tax Bill, 2025, as introduced in the Lok...

Understanding Global Payment Systems

1. UPI (Unified Payments Interface) – India UPI is one...

Case Studies

TDS (Tax Deducted at Source)
Financial Management

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