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SECTION 80CCD: INCOME TAX DEDUCTION UNDER SECTION

Taxpayers governed by the provisions of the Indian Income Tax 1961 have the benefit of claiming several deductions. Out of the deduction avenues, Section 80CCD provides taxpayer deductions against investments made in specific sectors. Under Section 80CCD, an assessee is eligible to claim deductions against the contributions made to the National Pension Scheme or Atal

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REMUNERATION PAID TO DIRECTORS TO ATTRACT GST: AAR

IN RE: Ms. Clay Crafts India Pvt. Ltd. Companies will have to pay GST on the remuneration they dole out to directors, the Authority for Advance Ruling (AAR) has said.In an application filed before the Rajasthan bench of the AAR, Clay Craft India Pvt Ltd had sought clarification on whether salaries paid to directors would

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