Income Tax

CBDT Allowed HRA who pay rent to their parent, spouse/family

CBDT : Allowed HRA Exemption who pay rent to their parents, spouses/ family Members For individuals that pay rent and… Read More

2 years ago

CBDT : A Record of 8.18 Cr ITR file till 31 Dec 2023

CBDT Update that a record of 8.18 Cr ITR have been file till 31 Dec 2023 Unique landmark for the… Read More

2 years ago

Which is a better option: Stock or Mutual Fund ?

Which is a better option: Stock or Mutual Fund ? Over 1 crore of new Demat accounts was opened in… Read More

2 years ago

Filling of Form 10-IE for exercise of option in ITR 1&ITR 2

No need to Form 10-IE for exercise/withdrawal of option u/s 115BAC in ITR 1 & ITR 2 Each individual and… Read More

2 years ago

Stay Ahead of Tax Season with ITR Filing Strategies

Stay Ahead of Tax Season with Effective ITR Filing Strategies Introduction Tax sеason is around the corner, and you might… Read More

2 years ago

Income Proof becomes Compulsory for INR 10 Lakhs Investment

Income Proof with KYC becomes Compulsory for INR 10,00,000/- investments in small savings schemes. Govt of India has now made… Read More

2 years ago

How to Calculate Income Tax Liability in India

How to Calculate Income Tax Liability in India: A Comprehensive Guide Introduction If you are filing ITR for the first… Read More

2 years ago

ALL ABOUT STATEMENT OF FINANCIAL TRANSACTION

The Statement of Financial Transactions (SFT) is a document or report that provides a comprehensive overview of an entity's financial… Read More

2 years ago

Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D

Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D SECTION 80 DEDUCTION SECTION DEDUCTION ON ALLOWED LIMIT (MAXIMUM) FY 2018-19… Read More

2 years ago

Overview on TDS on Sale of Immovable Property

Tax deduction at source on Sale of Immovable Property Income ax Ac provides that TDS will be applicable on transfers… Read More

2 years ago
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