Home > Income Tax Act 2025 > Section-29Last Updated: Feb 20th 2025
Section-29 seeks to provide the deduction related to employee welfare including contribution to various funds, etc., that need to be allowed while computing the income under the head "Profits and gains of business or profession". Learn to understand the section-29 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.