Income Tax Act — Complete Reference

Sec 10(1): Agricultural Income is fully exempt from direct central income tax.
Sec 10(13A): House Rent Allowance (HRA) is exempt up to the least of:\n \n Actual HRA received \n Rent paid minus 10% of basic salary \n 50% of salary (metro cities) or 40% (non-metro) \n \n
Sec 10(10D): Life insurance policy maturity payouts (subject to premium limits).

Comprehensive guide covering charging provisions, deductions, TDS, filing rules, and penalties under the Income Tax Act 1961.

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