Is it true that non-resident Indians (NRIs) can no longer avail of the indexation benefit, while residents still can?—Name withheld…
Receiving a gift, whether it’s cash, property, or a sentimental item, is always a delight. However, not all gifts come…
I-T rules require all taxpayers who hold foreign assets to declare them under Schedule FA. These include stock options, foreign…
The deadline for filing income tax approaches each day, underscoring the importance for senior and super-senior citizens to grasp the…
Tax deducted under Sections 192 to 195 of theIncome Tax Act, typically by employers, necessitates issuance of a certificate (most…
July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting…
Availing of necessary deductions and exemptionsTaxpayers should use all available deductions and exemptions to reduce their tax liability. Examining the…
Correcting any mistakes or omissions in your initial Income Tax Return (ITR) is the aim of filing a revised ITR.…
As a retail investor, when you zero in on an investment option, you are likely to have a key goal…