Tax training courses in chennai|e-filing training classes in chennai

Income Tax Update Course

  • Updated amendments as per INCOME TAX ACT 1961
  • Provisions which are amended till date.
  • Change in limits for Maintenance of Books of Accounts (Section 44AA)
  • Important changes relating to Filing of Income tax Returns
  • Section 194-IB is inserted for Individuals and HUF who pay rent exceeding Rs 50,000/- per month
  • New limit for claiming maximum loss of House property against Other Income
  • Change in limit of Cash Payment for Expenses and Capital Expenditure
  • Change in period for considering Capital Gain as Long Term
  • Exemption in Capital Gain if Invested in certain Bonds (Section 54EC)
  • Deduction for Donations made in Cash (Section 80G)
  • Change in limit for Contribution to NPS (Section 80CCD)
  • Tax advantages for senior citizens
  • Longer lock-in for bonds under 54EC
  • DDT imposed on equity mutual funds
  • Hike in education cess on income tax

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