Table of contents:

Question Page Number Content

Number
[Link] ACCOUNTING
Applications, Advantages, Disadvantages of
1 5-6 Computerised Accounting System.
Computerised vs Manual Accounting System.

a. Definitions of Vouchers (in Tally).

2 6-8
b. How to create, edit and delete Vouchers (in
Tally)?
Short-cut Keys in Tally ERP-9.
3 8-9
Procedure to create Balance Sheet, Profit & Loss
4 9-10 Account, Trial Balance and Ratio Analysis.
How to create, alter and delete Ledger, Company
5 10-12 and Group? How to show or display Balance
Sheet, Trial Balance, Profit & Loss Account,
Ratio, Cash and Fund Flow Statement?
B. E-FILING OF TAX RETURNS
Calculation and Computation of Total Income
6 14-16 and Tax Liability under Old and New Tax
Regime for FY 2022-23 i.e., AY 2024-25.
Short Notes
7 17
Meaning of some sections under Income Tax Act
8 18 1961

__________ __________
(Signature of Internal Examiner) (Signature of External Examiner)

2
 SECTION-A

COMPUTERISED ACCOUNTING

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Q1. What are the applications of computer in accounting? Write the
advantages and disadvantages of computerised accounting systems.

Answer: Computers have revolutionised the field of accounting, providing numerous applications
and benefits. Here are some common applications of computers in accounting:

i. Bookkeeping: computers enable efficient bookkeeping by automating repetitive tasks

such as data entry, journal entry, and ledger maintenance.
ii. Financial statements: computerised accounting systems and generate accurate and
timely financial statements, including income statements, balance sheets, and cash flow
statements, reducing manual errors and saving time.
iii. Auditing: computerised accounting systems offer features that aid in auditing
processes, such as electronic data storage, transaction tracking, and internal control
mechanisms. Auditors can access financial records remotely, perform detailed analysis,
and identify anomalies or discrepancies more efficiently.
iv. Payroll processing: computers streamline payroll processing by automatically
calculating salaries, deductions, and taxes, and generating pay stubs and reports.

Advantages of computerised accounting systems:

i. Accuracy: computerised systems reduce human error associated with manual data entry
and calculations, leading to more accurate financial records.
ii. Efficiency: Automation of repetitive tasks saves time and allows accountants to focus on
more complex and analytical activities, improving overall efficiency.
iii. Timeliness: computerised systems enable real-time recording and processing of
transactions, providing up-to date financial information for decision making.
iv. Reporting and analysis: computerised systems generate customisable reports and offer
tools for data analysis, allowing for better financial analysis and decision support.

Disadvantages of computerised accounting systems:

i. Initial costs: implementing computerised accounting systems can require significant
upfront costs, including software licenses, hardware upgrades, and staff-training.
ii. Dependence on technology: Systems failures, software glitches, or hardware malfunctions
can disrupt accounting operations, requiring technical support and potentially causing
downtime.
iii. Learning curve: transitioning from manual to computerised accounting systems may
require training and adjustment periods for staff, impacting productivity temporarily.
iv. Data security risks: computerised systems may be vulnerable to data breaches, hacking
attempts, or unauthorised access, necessitating robust security measures to protect sensitive
financial information.

Manual Accounting system VS Computerised accounting systems:

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Manual Accounting system :
i. Reliant on manual processes involving physical books, ledgers, and calculators.
ii. Prone to human error, such as incorrect data entry and mathematical mistakes.
iii. Time-consuming for tasks like journal entries, ledger maintenance, and report
generation.
iv. Limited scalability and lack of flexibility in handling complex accounting tasks.
v. Difficult to generate real-time financial reports and analysis.
vi. Less efficient for large volumes of transactions.

Computerised accounting systems:

i. Automates accounting process, reducing manual effort and minimising errors.
ii. Provides faster data entry and real-time transaction processing.
iii. Allows for easy generation of financial reports, analysis and customisation.
iv. Scalable and adaptable to changing business needs.
v. Offers data backup, security features, and audit trail for accountability.
vi. Enable integration with other software systems for seamless data exchange.

Q2. Voucher (in tally):

a. Define types of accounting vouchers; sales voucher, purchase voucher,

payment voucher, receipt voucher, contra voucher, journal voucher, credit note
voucher, debit note voucher.

Answer. Accounting vouchers are documents that provide evidence of financial transactions.
Here are definitions of various types of accounting voucher:

i. Sales voucher: A sales voucher is used to record sales transactions. It includes details such
as the customer’s name, invoice number, date, description of goods or services sold,
quantity, unit price, discounts, taxes, and the total amount.
ii. Purchase voucher: A purchase voucher is used to record purchases made by a business. It
includes information such as the supplier’s name, invoice number, date, description of
goods or services purchased, quantity, unit price, taxes, discounts, and the total amount.
iii. Payment voucher: A payment voucher is used to record payments made by a business. It
contains details such as the payee’s name, payment date, mode of payment (cash, check,
electronic transfer, etc), purpose of receipt, amount and any supporting documents.
iv. Receipt voucher: A receipt voucher is a document that serves as proof of receipt of cash
or goods. It is used to record and acknowledge the receipt of payment, goods, or services.
Receipt vouchers are essential for maintaining accurate financial records and are often used
in accounting and bookkeeping processes.
v. Contra voucher: A contra voucher is used to record transactions that involve the transfer
of funds between different bank accounts or within different accounts of the same business.

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 It reflects both the debit and credit sides of the transactions and helps maintain the accuracy
of the accounting records.
vi. Journal voucher: A journal voucher is used to record non-cash transactions or adjustments
in the accounting system. It includes entries such as accruals, Provisions, depreciation, and
other adjustments. It helps ensure that all financial transactions are accurately recorded in
the general ledger.
vii. Credit note voucher: A credit note voucher is used to record the issuance of a credit note
to a customer. It is generated when there is a reduction in the amount of payable by the
customer due to returns, allowances, or other reasons. It includes details such as the
customer’s name, credit note number, date, reason for the credit, and the reduced amount.
viii. Debit note voucher: A debit note voucher is used to record the issuance of a debit note to
a supplier. It is generated when there is an increase in the amount payable to the supplier
due to returns, additional charges, or other reasons. It includes details such as the supplier’s
name, debit note number, date, reason for the debit, and the increased amount.

b. How do you create, edit and delete a voucher?

Answer: The process of creating, editing, and deleting a voucher may vary depending on the
accounting software or system being used. However, I can provide you with a general overview
of how these actions are typically performed in an accounting system.

Creating of a voucher:
i. Access the accounting software or module where vouchers are created.
ii. Select the type of voucher you want to create (e.g., sales voucher, purchase voucher,
payment voucher, etc.).
iii. Enter the relevant details for the voucher, such as transactions date, voucher number,
party details (customer/supplier), item details (if applicable), amounts, and any
additional information required.
iv. Save the voucher. The system will assign a unique identifier (voucher number) to the
newly created voucher.

Editing of a Voucher:
i. Locate the voucher you wish to edit within the accounting software or module.
ii. Open the voucher and make the necessary changes to the desired fields (e.g., date,
amounts, customer/ supplier details, etc.).
iii. Review the modified information for accuracy.
iv. Save the changes to update the voucher with the new information.

Deleting a Voucher:
i. Locate the voucher you want to delete within the accounting software or module.
ii. Open the voucher for deletion.

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 iii. Look for an option or button that allows you to delete the voucher. This may be labelled
as “delete”, “remove”, or represented by a trash bin icon.
iv. Confirm your intention to delete the voucher when prompted by the system..
v. The voucher will be permanently removed from the system, and the associated financial
data will no longer be available.

Q3. Define the short cut keys in Tally-ERP-9 of the following:

i. Settings related to inventory masters.

ii. Debit note and credit note voucher.
iii. Calculator in tally.
iv. To repeat the narration in the voucher.
v. To save the changes in the alteration mode.
vi. Transactions related to deposits and withdrawals.
vii. To view report in detail.
viii. To toggle between the invoice and voucher typeе.
ix. To delete a voucher type
x. For vertical balance sheet.

Answer. Here are the shortcut keys commonly used in Tally ERP 9 for the above-mentioned
actions:
i. Settings related to inventory masters:
➢ Alt+F11: inventory features
➢ Alt+C: Create ledger
➢ Alt+C: Set as Godown
➢ Alt+I: Set as Item

ii. Debit note and Credit note voucher:

➢ Ctrl+F9: Debit note Voucher
➢ Ctrl+F10: Credit note voucher

iii. Calculator in tally:

➢ Alt+C: launch Calculator

iv. To repeat the narration in the voucher:

➢ Ctrl+R: repeat the Narration

v. To save the changes in the alteration mode:

➢ Ctrl+A: accept (Save) the changes

vi. Transactions related to deposits and withdrawals:

➢ F4: contra voucher (for cash deposits withdrawals)

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vii. To view a report in detail:
➢ Alt+V: detailed view

viii. To toggle between the invoice and voucher screens:

➢ Ctrl+V: Toggle between invoice and voucher mode

ix. To delete a voucher type:

➢ Alt+D: Delete voucher type

x. For vertical Balance Sheet:

➢ Alt+F1: Vertical Balance sheet

Q4. Explain the procedure in Tally: to create balance sheet, profit and loss account, trial
Balance and ration analysis:

Answer: To create financial statements like the balance sheet, profit and loss account, trial balance,
and perform ratio analysis in Tally ERP 9, you can follow these general procedures:

i. Creating and Maintaining Ledger Accounts:

➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Ledgers” and then “Create” to create ledger accounts for your company’s
assets, liabilities, income, and expenses.
➢ Enter the necessary details for each ledger account, such as name, group, and
opening balances.

ii. Recording Transactions:

➢ Select “Accounting Vouchers” from the Gateway of Tally menu,
➢ Choose the appropriate voucher type (e.g.. payment, receipt, sales, purchase, etc.)
to record
The transactions.
➢ Enter the details of each transaction, including the ledger accounts affected,
amounts, and narration.
➢ Save each voucher after entering the transactions.

iii. Generating Trial Balance:

➢ Go to Gateway of Tally.
➢ Select “ Display” and then “Trial Balance” to view the trial balance.
➢ The trial balance displays the balances of all ledger accounts, showing debit and
credit balances,

9
 ➢ Ensure that the total debit and total credit amounts are equal. If they are not,
investigate and rectify any discrepancies before proceeding.

iv. Creating Profit and Loss Account:

➢ Go to Gateway of Tally.
➢ Select “Display” and then “Profit & Loss A/C” to view the profit and loss account.
➢ The profit and loss account displays the company’s revenues, expenses, gains, and
losses for a specific period.
➢ The account summarizes the income earned and expenses incurred, resulting in the
net profit or loss.

v. Generating Balance Sheet:

➢ Go to Gateway of Tally.
➢ Select “Display” and then “Balance Sheet” to view the balance sheet.
➢ The balance sheet provides a snapshot of a company’s financial position, showing
its assets, liabilities, and equity at a specific date.
➢ The balance sheet consists of two main sections: the assets side (including current
and fixed assets) and the liabilities side (including current and long-term liabilities).

Vi. Performing Ratio Analysis:

➢ Analysing ratios involves calculating various financial ratios to assess a company’s
performance, profitability, liquidity, solvency, efficiency, and other aspects.
➢ n Tally ERP 9, you can calculate ratios manually using the data from the financial
statements generated or utilize add-ons or specific Tally modules designed for ratio
analysis.
➢ Calculate ratios such as current ratio, quick ratio, debt-to-equity ratio, return on
investment, gross profit margin, etc., based on the desired financial indicators and
requirements.

Q5. Answer the followings (w.r.t. Tally):

a. How to create, alter and delete of ledger account in Tally?

b. How to create, alter & deleting company?
c. How to create, alter & deleting of group?
d. How to show or display the Balance sheet, Profit & loss A/c, Ratio, Cash & Fund flow
Statements?

Ans:A. Creating, Altering, and Deleting Ledger Accounts in Tally:

To create a ledger account:

➢ Go to Gateway of Tally.

10
 ➢ Select “Accounts Info” from the menu.
➢ Choose “Ledgers” and then “Create.”
➢ Enter the necessary details such as the name of the ledger account, under which
group it belongs, opening balance (if applicable), and other required information.
➢ Save the ledger account.

To alter a ledger account:

➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Ledgers” and then “Alter.”
➢ Select the ledger account you want to modify.
➢ Make the necessary changes to the account details.
➢ Save the altered ledger account.

To delete a ledger account:

➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Ledgers” and then “Alter.”
➢ Select the ledger account you want to delete.
➢ Press the “Alt+D” shortcut key or select “Delete" from the menu.
➢ Confirm the deletion when prompted by the system.

B. Creating, Altering, and Deleting a Company in Tally:

To create a company:
➢ Launch Tally ERP 9.
➢ Select “Create Company” from the start-up screen or press “Alt+F3.”
➢ Enter the company details, such as the company name, address, financial year, base
currency, and other relevant information.
➢ Save the company.

To alter a company:
➢ Go to Gateway of Tally.
➢ Select “Alt+F3” or “Alter” from the start-up screen.
➢ Choose the company you want to modify.
➢ Make the necessary changes to the company details.
➢ Save the alterations.

To delete a company:
➢ Go to Gateway of Tally.
➢ Select “Alt+F3” or “Alter” from the start-up screen.
➢ Choose the company you want to delete.

11
 ➢ Press “Alt+F3” or select “Delete” from the menu.
➢ Confirm the deletion when prompted by the system.

C. Creating, Altering, and Deleting Groups in Tally:

To create a group:

➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Groups” and then “Create.”
➢ Enter the group name, select the primary group if applicable, and specify other

Required details.
➢ Save the group.

To alter a group:
➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Groups” and then “Alter.”
➢ Select the group you want to modify.
➢ Make the necessary changes to the group details.
➢ Save the altered group.

To delete a group:
➢ Go to Gateway of Tally.
➢ Select “Accounts Info” from the menu.
➢ Choose “Groups” and then “Alter.”
➢ Select the group you want to delete.
➢ Press the “Alt+D” shortcut key or select “Delete” from the menu.
➢ Confirm the deletion when prompted by the system.

D. Showing/Displaying Financial Statements in Tally:

To view the Balance Sheet, Profit & Loss A/c, Ratio, Cash & Fund Flow Statements:
➢ Go to Gateway of Tally.
➢ Select “Display” from the menu.
➢ Choose the respective financial statement you want to view, such as Balance Sheet, Profit
& Loss A/c,Ratio, Cash& Fund flow statements.

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 SECTION- B

E-FILING OF TAX RETURNS

13
Q5. [Link] earned INR 1.75 lakh per month in the last FY: 2022-23. He had
also earned interest from FD INR 35,530. He deposited 1 lakh, 1.25 lakhs and
50 thousands for GPF, PPF and LIC respectively in the FY 22-23. Besides this,
he bought health insurances, for which he paid Premiums of INR 28,550 and
30,500 for his family and parents (less than 60 years) respectively. Also, to save
more taxes from his earnings, he made additional investments of INR 10,000
in NPSIn each month. He also claimed a LTA amount of INR 25,000, which is
tax exempted. He also donated INR 75.000in last financial year to an NGO for
having 50% tax deduction. Moreover, he is entitled to have HRA exemption is
exa Note ct rent paid minus (-) 10% of the (basic) salary (assume 50% of the
monthly salary is considered as basic).Show the step-by-step e-filing statement
of [Link] in old tax regime and new tax regime for The AY: 2024-
25(probably using MS-Excel). Additional 4% of basic tax liabilities is levied as
Educational Cess. Use separate excel sheets for calculating tax in old and new
regimes. Tax slabs in old and new regimes follow the guidelines defined by
income tax department, GOL

Answer: Common Assumptions for both Old and New Tax Regimes:
➢ Financial Year: FY 2022-23 (Assessment Year 2024-25).
➢ Residential Status: Resident Individual (implied, as no other status is mentioned).
➢ Age of Mr. ABC: Assumed to be less than 60 years, as tax slabs for senior/super senior
citizens are different and not specified.
➢ Basic Salary: 50% of monthly salary is considered as basic. This is relevant for HRA
calculation.
➢ Health and Education Cess: 4% of the basic tax liability will be levied as Educational Cess.
➢ LTA Exemption: LTA of INR 25,000 is tax-exempt. This implies the conditions for LTA
exemption are met, and the actual travel expenses claimed are at least INR 25,000.
➢ Donation to NGO: INR 75,000 to an NGO for 50% tax deduction. This implies the NGO
is eligible for 50% deduction under Section 80G. For 80G, the actual deduction is subject
to 10% of Adjusted Gross Total Income if it falls under the “with qualifying limit” category.
However, assuming for simplicity, we will calculate 50% of the donated amount for
deduction. Cash donations exceeding INR 2,000 are not eligible for 80G deduction; we
will assume this donation was made via cheque/bank transfer.
➢ No other income: It’s assumed there are no other sources of income (e.g., house property
income, capital gains, business/profession income) beyond salary and FD interest.
➢ No other deductions/exemptions: It’s assumed no other deductions or exemptions (beyond
those explicitly mentioned) are applicable or claimed by Mr. ABC.

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 [Link] OLD REGIME
Mr. ABC
(PAN-XXXPXOOOOX)
COMPUTATION OF TOTAL INCOME AND TAX LIABILITY FOR THE YEAR ENDED
31ST MARCH 2025

(under old tax regime) Amount Amount

Particulars (In rupees) (in rupees)

[Link] FROM SALARY

Gross salary (₹175000×12months) 21,00,000
Less : standard Deduction u/s16 50,000
B. INCOME FROM OTHER SOURCES
Interest from fixed deposit 35,530
GROSS TOTAL INCOME 20,85,530
Less: deduction under chapter -VI
1)Deduction u/s 80C &80CCD:
GPF 1,00,000
PPF 1,25,000
LIC 50,000 1,50,000
NPS 1,20,000 50,000
2) Deduction u/s 80D:
Health Insurance
Family 28,550 25,000
Parents(<60 years) 30,000 25,000
3) Deduction u/s 80G:
Donation (NGO) 75,000 35,500
TOTAL INCOME 17,98,030
ROUND OFF U/S 288A 17,98,000
Tax liability under old Regime:
Upto ₹2,50,000 Nil
More than ₹2,50,000 to ₹5,00,000@5% 12,500
More than ₹5,00,000 to ₹10,00,000@20% 1,00,000
More than ₹10,00,000@30% 2,39,400 351,900
Add: Health & Education Cess @4% 14,076
TOTAL TAX LIABILITY 3,65,976
ROUND OFF U/S 288B 3,65,980
NOTE: 1) Since there is no information about rent, we can’t calculate HRA.

15
2) Maximum Rs. 1,50,000 is allowed as deduction u/s 80C & Extra Rs. 50,000 for NPS..
3) Since LTA is exempted from tax, it will not form part of Salary.

[Link] NEW REGIME

Mr. ABC
(PAN-XXXPXOOOOX)
COMPUTATION OF TOTAL INCOME AND TAX LIABILITY FOR THE YEAR ENDED
31ST MARCH 2025

(Under New Tax Regime) AMOUNT AMOUNT

Particulars (IN RUPEES) (IN RUPEES)

A .INCOME FROM SALARY

Gross salary (₹1,75,000×12months) 21,00,000
LESS: standard Deduction u/s16 50,000
ADD: LTA claimed 25000
[Link] FROM OTHER SOURCES
Interest from Fixed Deposit 35530
GROSS TOTAL INCOME /TAXABLE 21,10,530
INCOME
ROUND OFF U/S 288A 21,10,500
Tax liability under new tax regime
Upto ₹3,00,000 NILL
More than ₹ 3,00,000 to ₹ 6,00,000 @5% 15,000
More than ₹6,00,000 to ₹ 9,00,000 @10% 30,000
More than ₹9,00,000 to ₹ 12,00,000@15% 45,000
More than ₹12,00,000 to ₹15,00,000@20% 60,000
More than ₹15,00,000 @30% 183,150 333150
ADD: Health & Education Cess @4% 13,326
TOTAL TAX LIABILITY 3,46,476
ROUND OFF U/S 288B 3,46,480
NOTE:LTA exemption, Deduction u/s 80C, 80CCD, 80D, 80G are not allowed in New Tax
Regime u/s 115BAC for FY 2023-24 i.c., AY 2024-25.

16
Q7. Write short notes on:
a. Advance tax
b. Form 10BA
c. Form 26AS
d. Form ITR-V
e. Form 16
f. Annual Information Statement (AIS)
g. Taxpayer Information Summary (TIS)
h. Rule 11B

Ans: [Link] tax: Advance tax refers to the system of paying income tax in installments
throughout the financial year, rather than paying it all at once at the end of the year. It is applicable
to individuals, self-employed professionals, and businesses whose tax liability exceeds a certain
threshold. Advance tax helps the government in collecting tax revenue in a timely manner and
reduces the burden of lump-sum payments for taxpayers.
[Link] 10BA: Form 10BA of the INCOME TAX ACT is a declaration that individuals must file.
It must be filed by those individuals who don’t get a house rent allowance from their employer or
are self employed, are currently paying rent for their residence, and are claiming deduction under
section 80GG.
[Link] 26AS: Form 26AS is a consolidated tax credit statement that reflects the tax credits
associated with a taxpayer’s Permanent Account Number (PAN). It provides a summary of tax
deducted at source (TDS), tax collected at source (TCS), advance tax, and self-assessment tax
deposited against the taxpayer’s PAN. Form 26AS helps taxpayers verify the taxes deposited on
their behalf by employers, banks, or other deductors, and ensures accurate reporting while filing
income tax returns.
[Link] ITR-V: Form ITR-V, also known as the Income Tax Return Verification form, is a
document generated after filing an income tax return (ITR) online. It serves as an acknowledgment
of the filed ITR and needs to be physically signed and sent to the Income Tax Department within
a specified period. It is a proof of filing the tax return and serves as a verification mechanism for
the taxpayer.
[Link] 16: Form 16 is a certificate issued by an employer to its employees. It provides details of
the salary earned, tax deducted at source (TDS) on salary, and other relevant information. Form 16
helps employees in calculating their total income, determining their tax liability, and filing their
income tax returns accurately.
[Link] Information Statement (AIS): Annual Information Statement, also known as AIR or
Annual Information Return, is a statement generated by the Income Tax Department that contains
information received from various sources, such as banks, financial institutions, mutual funds, etc.
It includes high-value transactions, investments, and other financial activities of a taxpayer. AIS is
used for data matching and verification purposes to ensure tax compliance and identify any
discrepancies in reported income.
[Link] Information Summary (TIS): Taxpayer Information Summary is a document. Or
statement provided by the Income Tax Department to taxpayers. It contains a summary of the
taxpayer’s profile, tax payments, tax credits, returns filed, and any other relevant information. TIS

17
helps taxpayers review and verify their tax-related details and ensures transparency and accuracy
in tax administration.
[Link] 11B: The deduction to be allowed under section 80GG in respect of any expenditure
incurred by an assessee towards payment of rent for any furnished or un-furnished accommodation
occupied by him for the purpose of his own residence shall be allowed subject to the condition that
the assessee files the declaration in Form No.

Q8. Define the meaning of the following under sections of income tax act 1961: U/S 80CCC,
U/S 80CCD, U/S 80GGC, U/S 80RRB, U/S 80EEA, U/S 80DD, U/S 10(13A), U/S 191, U/S 24
(a), U/S 87B.

Ans:
a. U/S 80CCC: This section pertains to deductions available for contributions made to a
pension plan by an individual. It allows for deductions on the amount contributed to any
annuity plan of an insurance company for receiving a pension.
b. U/S 80CCD: This section deals with deductions available for contributions made towards
the National Pension Scheme (NPS) and Atal Pension Yojana (APY). It allows for
deductions on the amount contributed to the NPS or APY, subject to certain limits.
c. U/S 80GGC: This section relates to deductions available for contributions made to political
parties or electoral trusts. It allows for deductions on the amount contributed to such entities
for political purposes.
d. U/S 80RRB: This section pertains to deductions available for income received by way of
royalty on patents registered on or after April 1, 2003. It allows for deductions on the
income received as a royalty for patents in respect of inventions developed by the taxpayer.
e. U/S 80EEA: This section deals with deductions available on home loan interest for
affordable housing. It allows for deductions on the interest paid on loans taken for the
purchase of affordable housing, subject to certain conditions and limits.
f. U/S 80DD: This section relates to deductions available for medical treatment and
maintenance of a dependent with a disability. It allows for deductions on the expenses
incurred for the medical treatment, training, rehabilitation, or maintenance of a disabled
dependent.
g. U/S 10(13A): This section pertains to exemptions available for house rent allowance
(HRA) received by an employee. It allows for exemptions on the HRA received if certain
conditions are met.
h. U/S 191: This section deals with the deduction of tax at source (TDS) from payments made
to non-residents. It specifies the rates at which TDS should be deducted for various types
of payments made to non-resident individuals or entities.
i. U/S 24(a): This section relates to deductions available on the interest paid on home loans.
It allows for deductions on the interest paid on loans taken for the purchase, construction,
repair, or renovation of a residential property.
j. U/S 87B: This section pertains to a rebate available to individuals with lower income. It
allows for a rebate of tax for individuals whose total income is below a certain threshold,
subject to certain conditions and limits.

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