Latest Trends in Claims Under Section 80GGC Introduction : Recently, many taxpayers have received messages from the Income Tax Department… Read More
Deductions from Income from Other Sources: Section 57 Income from Other Sources includes incomes not classified under other heads like… Read More
Section 87A tax rebate is a significant relief for eligible taxpayers. The Income Tax Department's update regarding Section 87A tax… Read More
Deduction for Bad Debts : explanation of Section 36(1)(vii) What is a Bad Debt? Bad debt refers to an… Read More
The Finance Ministry is unlikely to introduce New Income Tax Bill during Budget 2025. The Finance Ministry is unlikely to… Read More
Taxpayers warns: Revise ITR to Show Foreign Assets or Face 10 Lakh Penalty Income Tax Dept has initiated a Compliance-Cum-Awareness… Read More
Income Tax Department identify cases where capital gain tax has not been paid by land owners : The Income Tax… Read More
Complete Overview Analysis of its scope, applicability, & Importance of Section 50D Section 50D of the Income Tax Act is… Read More
Taxation Concept & distinction between of Real Income vs. Deemed Income: The distinction between real income and deemed income is a… Read More
Navigating Complex Taxation of Rental Income for Indian Landlords Rental income can be a significant source of revenue for property… Read More