I work in a Navaratna PSU. Here we are provided accommodation on sharing basis for which a minimal rent is deducted. Also, ours is a project site so this accommodation is not as per our eligibility. So, do we need to bear perquisite tax??? Personal Income Tax

1st proviso to Rule 3(1) of Income Tax Rule 1961, provides that any accommodation provided to an employee working at a mining site or an on-shore oil exploration site or a project execution site, or... Read More

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Is the expense incurred towards neuro-physiotherapy for a severe category spinal-cord injury (SCI) exempted under section 80DDB? Personal Income Tax

Neurological diseases with more than 40% disability are covered for the purpose of section 80DDB. The specified diseases are Dementia, Dystonia Musculorum Deformans, Motor Neuron Disease, Ataxia,... Read More

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