Short notes on: DEDUCTIONS FROM TAXABLE INCOME A BRIEF OUTLINE OF THE GENERAL DEDUCTION FORMULA Introduction Whether or not expenses incurred by a taxpayer can be deducted from his/her
rendered would be chargeable to taxincome from salaries. . purposes of Income-tax Act, 1961 will include both monetary payments . Note: It is to be noted .
TAX LAWS AND PRACTICE MODULE I PAPER 4 ICSI House, . Note : This study material . Bare Act : Income Tax Act, 1961 & Income Tax Rules, .
Deduction under Income Tax Chapter VI-A . If Interest is been paid during the previous year and was paid out of income chargeable to tax .
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