income tax filing

All you need to know about claiming deductions for Covid-19 related expenses – Hindustan Times

The ex-gratia payment received by an employee’s family members from an employer in case of their death from Covid-19 has been exempted from being taxed without any limit By hindustantimes.com | Written by Ayshee Bhaduri | Edited by Meenakshi Ray, Hindustan Times, New Delhi PUBLISHED ON JUL 05, 2021 06:57 PM IST Coronavirus disease (Covid-19) …

All you need to know about claiming deductions for Covid-19 related expenses
– Hindustan Times
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Govt announces tax reliefs under IT act. Here’s what you need to know

The government on Friday granted an extension in timelines of compliances under the Income Tax Act in view of the coronavirus disease (Covid-19). It also announced tax exemption for expenditure on the treatment of Covid-19 and the ex-gratia received on death due to the disease. Among other reliefs, income tax exemption was announced by the …

Govt announces tax reliefs under IT act. Here’s what you need to know Read More »