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
Annual Information Statement feedback process The new AIS (Annual Information Statement) feedback process enhances taxpayer services and compliance ease by… Read More
How to delinking your Aadhaar from the wrong PAN. Taxpayers submit a request to your Jurisdictional Assessing Officer (JAO) for… Read More
CBDT : Allowed HRA Exemption who pay rent to their parents, spouses/ family Members For individuals that pay rent and… Read More