1. New HRA Disclosure Norms (Section 10(13A))
- Location of your place of work
- Actual HRA received from employer
- Rent paid during the year
- Basic salary + DA forming part of retirement benefits
- Specify whether the city is Metro (50%) or Non-Metro (40%)
2. Section 80C: Investment Proof Details Mandatory
- Receipt or Document Number
- PPF Account Number
- Life Insurance Policy Number
3. Health Insurance Claim: Section 80D Details
- Insurance company name
- Policy/document number
4. Education Loan Disclosure (Section 80E)
- Lender’s name (Bank/NBFC)
- Loan account number
- Date of sanction
- Original loan amount
- Balance outstanding as of 31st March
May 30, 2025 By Team Ebizfiling
What Are the New TCS Rules on Foreign Remittances Under LRS from April 1, 2025? Introduction Starting April 1, 2025, new TCS rules under the Liberalised Remittance Scheme (LRS) will apply to foreign remittances from India. These changes affect how […]
May 29, 2025 By Team Ebizfiling
Eligibility For Donation Under Section 80G of Income Tax Act Introduction Donations under Section 80G of the Income Tax Act allow individuals and organizations to claim tax deductions on contributions made to NGOs or charitable trusts. This means that donors […]
May 22, 2025 By Team Ebizfiling
Deduction Limit For Individual Under Section 80G of Income Tax Act Introduction Donating to a good not only brings satisfaction but also helps in saving taxes. Under Section 80G of the Income Tax Act, individuals can claim deductions on donations […]