Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Rebate for specified insurance, provident and housing contributions constrained by income tiered limits and retention conditions. Individuals and Hindu undivided families may deduct from income tax specified sums paid or deposited in the previous year - including life insurance premia, deferred annuity contributions, recognised provident and superannuation funds, notified government savings and specified mutual fund or pension subscriptions, payments for purchase or construction of a residential house property, and approved capital issue subscriptions - subject to income based tiered percentages, aggregate caps, sub limits for particular clauses, and conditions requiring retention periods; termination, transfer or early sale can cause previously allowed deductions to be treated as tax payable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rebate for specified insurance, provident and housing contributions constrained by income tiered limits and retention conditions.
Individuals and Hindu undivided families may deduct from income tax specified sums paid or deposited in the previous year - including life insurance premia, deferred annuity contributions, recognised provident and superannuation funds, notified government savings and specified mutual fund or pension subscriptions, payments for purchase or construction of a residential house property, and approved capital issue subscriptions - subject to income based tiered percentages, aggregate caps, sub limits for particular clauses, and conditions requiring retention periods; termination, transfer or early sale can cause previously allowed deductions to be treated as tax payable.
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