Income Tax Exemption under Section 10(25) of Income Tax Act, 1961

Eligible Assessee

Provident fund, Superannuation fund, Gratuity fund, Coal Mines P.F., employees PF

Nature of Income

Interest on securities and capital gains on sale such securities held by provident fund to which Provident fund Act, 1925 applies.

In any other case any income

Amount Exempt

Entire amount

Conditions laid down for Tax Exemption

Any income received by trustees or board of trustees of following funds are fully exempt

Recognized Provident fund
Approved superannuation fund
Approved gratuity fund
Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948
Employees Provident Fund and Miscellaneous Provisions Act, 1952.

How to earn Tax free income? Incomes exempted from tax under Income Tax Act, 1961

Free download of Income Tax Return Filing Official Software

Time Limit for Filing Appeal with Commissioner of Income Tax (CIT) Appeals and Income Tax Appellate Tribunal (ITAT) - Fee for filing Income Tax Appeals

Advance Payment of Income Tax

Tax Deducted at Source (TDS) Rates from Financial Year 2013-14 (Assessment Year 2014-15)

Tax Deducted at Source (TDS) Rates

Income Tax Rates Financial Year 2012-13

Income Tax Rates Financial Year 2013-14

Important Due Dates

Audit requirement for business and profession under section 44 AB of Income Tax Act 1961

Income Tax Exemption under Section 10 of Income Tax Act, 1961

Deductions allowed from Gross Total Income under Chapter VI A of Income Tax Act, 1961

Tax saving schemes and deductions available against investment

How to calculate Value of Perquisites for accommodation provided by the employer to employee: Income Tax Rule 3 (1)

How to calculate Value of Perquisites by way of use of motor vehicle by an employee provided by the employer to employee: Income Tax Rule 3(2)(A)

About Us | Contact Us | Terms and Conditions | Disclaimer | Privacy Policy | Sitemap