# taxrelief
5 posts in `taxrelief` tag
Section 80IA: Tax Incentives for Infrastructure Development
Ever wondered how India builds its infrastructure? Section 80IA of the Income Tax Act plays a key role! This blog dives deep into the benefits it offers businesses involved in building roads, power plants, and other critical infrastructure projects. Learn about eligibility, tax deductions, and how it fuels the nation's growth.
Relief for Taxpayers: GST Council Announces Waiver of Interest and Penalties
This blog explains the recent GST Council decision to waive interest and penalties on demand notices issued under Section 73 of the CGST Act for the financial years 2017-18, 2018-19, and 2019-20. It outlines the eligibility criteria, benefits for taxpayers, and important considerations.
Understanding the Impact of CPC (TDS) Reprocessing on TDS Returns for FY 2023-24
In a move to provide significant relief to taxpayers, the Centralized Processing Center for Tax Deducted at Source (CPC-TDS) has initiated the reprocessing of TDS returns for the financial year 2023-24. This blog explores the importance of this initiative, detailing how it addresses errors, resolves discrepancies, and ensures accurate TDS credit. Learn about the benefits for taxpayers, the steps involved in the reprocessing, and tips on how to take full advantage of this effort to enhance tax compliance and efficiency.
Serving the Nation, Saving on Taxes: A Guide to ITR for Army Personnel
This blog post guides army personnel through the special tax exemptions and deductions available to them and helps them choose the right ITR form for filing their income tax return.
In-Depth Guide to Section 80TTA of the Income Tax Act, 1961
Discover the ins and outs of Section 80TTA of the Income Tax Act, 1961, and how it benefits individual taxpayers and HUFs by offering tax deductions on interest income from savings accounts.