Income Tax

Highlights Risks of filing your ITR too early for FY 2024-25

Don’t rush to file your ITR Don’t rush to file your ITR" highlights the risks of filing your Income Tax… Read More

5 months ago

Union Budget 2025-26: Major Impacted on NGO Section

Union Budget 2025-26: Major area of points impacted on NGO section Section 12AB Reforms: Simplification of  : The Budget 2025… Read More

6 months ago

ITR Form Changes for AY 2025–26 as compared to AY 2024–25

Main ITR Form Changes for AY 2025–26 as compared to AY 2024–25 Tax filing isn’t just about submitting figures, it's… Read More

6 months ago

Documents required for filing income tax return in India

List of Documents required for filing your income tax return in India Commonly required documents for filing your income tax… Read More

6 months ago

“date of set-up” for determining allowability of Exp. u/s 37

Concept of "date of set-up" for determining the allowability of expenses u/s 37 of the Income-tax Act, 1961, The date… Read More

7 months ago

Donated Excess 500k to political party under Investigation

Taxpayers who have donated more than Rs. 5,00,000/- to political parties under strict Income Tax surveillance This scrutiny by the… Read More

8 months ago

30kCr taxpayer Revise ITR & Disclosed Foreign Assets, Income

30k Cr taxpayers Revised their ITR & Disclosed Foreign Assets, Income In November 2024, the CBDT initiated a Compliance-Cum-Awareness Campaign… Read More

8 months ago

Tax on LTCG for FIIs raised to 12.5%: Budget 2025

Tax on LTCG for FIIs raised to 12.5%: Budget 2025 This increase in the LTCG tax rate for FIIs from… Read More

9 months ago

Tax Dept issue advising on Claims Under Section 80GGC

Latest Trends in Claims Under Section 80GGC Introduction :  Recently, many taxpayers have received messages from the Income Tax Department… Read More

9 months ago

Deductions from Income from Other Sources: Section 57

Deductions from Income from Other Sources: Section 57 Income from Other Sources includes incomes not classified under other heads like… Read More

9 months ago
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