Yearly Archives: 2013

Section 194IA Income Tax Act 1961 – FA, 2017

By | June 1, 2013

Section 194IA Income Tax Act 1961 – FA, 2017 [  Inserted by the Finance Act, 2013, w.e.f. 1-6-2013. ] Payment on transfer of certain immovable property other than agricultural land [ Note -1] 194-IA. (1) Any person, being a transferee, responsible for paying (other than the person referred to in section 194LA) to a resident transferor any… Read More »

Section 80TTA Deduction of Income Tax : Saving Bank Interest Income

By | April 1, 2013

Section 80TTA Deduction of Income Tax Act [CA.—Deductions in respect of other incomes [ Section 80TTA Inserted by the Finance Act, 2012, w.e.f. 1-4-2013. ] Deduction in respect of interest on deposits in savings account. 80TTA. (1) Where the gross total income of an assessee 1[(other than the assessee referred to in section 80TTB)], being an… Read More »