The Tribunal held that the enhanced ₹25-lakh limit under section 10(10AA) must be applied based on earlier co-ordinate bench rulings. The key takeaway is that restriction to ₹3 lakh was ...

Under the allowed deductions, salaried employees and regular pensioners can claim a standard deduction of Rs 75,000, which ...

Here's whether the red-vs.-blue inflation claim holds up.