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September 20, 2026

Section 87A

Section 153 of Income Tax Act 2025 – Deposit Interest Deduction

itaxsoftware.net September 20, 2026
  Section 153 of the Income Tax Act 2025 provides targeted relief on deposit interest income. Moreover, it consolidates earlier provisions (...
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at September 20, 2026
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Tags: Deduction from savings interest, Section 153 of Income Tax Act 2025, Section 87A

September 18, 2026

Standard Deduction Rules FY 2026 27

Section 62 of Tax Act 2025: Standard Deduction Rules FY 2026 27

itaxsoftware.net September 18, 2026
  The Income Tax Act 2025 introduced a streamlined structure for deductions, and among them, Section 62 stands out as a universal relief f...
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at September 18, 2026
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Tags: Section 16(ia), Section 62 of Tax Act 2025, Standard Deduction Rules FY 2026 27
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