Question
Under the Income Tax Act, the maximum amount of
deduction allowed under Section 80C for investments/expenditures (for FY 2025-26) is:Solution
The aggregate deduction limit under Section 80C for specified investments (like PPF, ELSS, Life Insurance Premium, etc.) and expenditures (like tuition fees) is â‚ą1,50,000 per financial year.
The doctrine of “Res Gestae” is incorporated under which section of the Indian Evidence Act, 1872?
Who is the “Data Fiduciary” under the Digital Personal Data Protection Act, 2023?Â
What is the main objective of the Prevention of Money Laundering Act (PMLA), 2002?Â
During the arbitral proceedings, interim measures can be ordered by Arbitral Tribunal:
Which of the following constitutional body in India is responsible for the conduct of elections?
If limitation period expires on the day when the court is closed:
According to the principle of indemnification in partnership law, what obligation does a partner have if they commit fraud in the conduct of the firm's ...
Which statement about presidential assent to constitutional amendments is correct postKesavananda and related jurisprudence?
The Court may presume that judicial and official acts have been regularly performed. This is a presumption contained in section
The arbitral proceedings in respect of a particular dispute commence on the date on which a request for that dispute to be referred to arbitration is ďż˝...
