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- Dictionarydeduction/dɪˈdʌkʃn/
noun
- 1. the action of deducting or subtracting something: "the dividend will be paid without deduction of tax" Similar Opposite
- 2. the inference of particular instances by reference to a general law or principle: "the detective must uncover the murderer by deduction from facts" Similar
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4 days ago · Petitioner and his spouse filed a joint return for the 2020 tax year reporting wage income that each earned as a full-time employee and claiming a rental real estate loss deduction. The loss was derived from a new building that Petitioner constructed, in addition to his full-time employment, and placed in service as short-term rental property beginning in October 2020.
4 days ago · Individual taxpayers must file different income tax returns (ITR) based on their source of income and residence status. From AY 2024-25, the new tax regime will be the default option. Every year, you must select between the old and new tax regimes for that particular assessment year.Here is a look at a few important FAQs regarding ITR-1 form available on the Income Tax Department’s website.
5 days ago · Meditation is a practice in which an individual uses a technique to train attention and awareness and detach from reflexive, "discursive thinking," achieving a mentally clear and emotionally calm and stable state, while not judging the meditation process itself.. Techniques are broadly classified into focused (or concentrative) and open monitoring methods.
5 days ago · HTML 4 defined three different versions of the language: Strict, Transitional (once called Loose), and Frameset. The Strict version is intended for new documents and is considered best practice, while the Transitional and Frameset versions were developed to make it easier to transition documents that conformed to older HTML specifications or did not conform to any specification to a version of ...
