I own a house which is self-occupied. My wife is a homemaker and stays with me with no income except…
For individuals who have filed their income tax return (ITR) and are expecting a refund, it's crucial to know that…
There is some leeway in selecting a tax regime thanks to the Income Tax Department. Lower tax rates and a…
With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some taxpayers are in…
Submitting the Income Tax Return (ITR) is essential as it outlines a taxpayer’s earnings over the fiscal year, and doing…
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately, the Income Tax Department offers several convenient methods…
Individual taxpayers must file income tax returns (ITR) before 31 July 2024 to avoid penalties. This deadline marks the final…
The deadline for filing income tax returns (ITR) for the financial year 2023-24 is July 31. There are numerous benefits…
The dilemma of sharing credentialsHiring a chartered accountant (CA) to file your tax return often requires sharing your login credentials…
The deadline for filing income tax approaches each day, underscoring the importance for senior and super-senior citizens to grasp the…
The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios. Selecting the appropriate…
Filing Income Tax Returns (ITR) is a crucial responsibility for taxpayers in India. Ensuring accurate and timely submissions can prevent…
Doing it early will give you time to collect all the information and file the ITR correctly. First, you should…
Certain allowances are exempt from income tax up to certain thresholds. This essentially lowers your taxable income, which in turn…
Form 16 holds significant importance for employed individuals in India during the income tax filing process. It includes comprehensive information…
The deadline for filing ITRs for the financial year 2023-24 (Assessment year 2024-25) is July 31, 2024. With just over…
Filing your income tax return and discharging appropriate tax liability are two different responsibilities that must be discharged appropriately. This…
What is Form 26 AS in income tax return filing? Form 26AS is an important document when it comes to…
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…