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Tax

232 posts

A Brief Note on Belated and Revised Returns

The Income-Tax (IT) department has notified the final date to file belated…

Advance Tax: Are Senior Citizens Liable to Pay it?

An individual whose tax liability is anticipated to exceed Rs 10,000 in…

ITR Mismatch Advisory Notice: Here’s How A Taxpayer Should Address It

The Income Tax (I-T) Department has issued advisories to several taxpayers concerning…

Income-Tax Department Keeps Hawk-Eye on TDS and ITR Mismatch

The Income Tax (I-T) department is closely scrutinising differences in tax deducted…

Changes Introduced in New Sahaj, Sugam Income Tax Forms for AY 2024-25

For the assessment year (AY) 2024-25, taxpayers are mandated to provide additional…
  • Rajiv Dogra
  • Posted on

Tax-Saving Strategy: A Note on Allowances to Claim Deductions

A salaried individual–especially those who fall under the higher tax slab bracket–can…
  • Rajiv Dogra
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Old vs New Tax Regime: A Focus on Efficient Tax Planning

The new tax regime was introduced in April 2020, and the new…
  • Rajiv Dogra
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December 31, 2023: Deadline to File Belated Income Tax Returns (ITRs)

Those who have yet to file their income tax returns (ITRs) for…
  • Rajiv Dogra
  • Posted on

Tax Planning: A Focus on Maximising Tax Savings

It is possible to maximise on tax savings in a financial year…
  • Rajiv Dogra
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An Eye on Tax Rules Related to Cash Limit at Home

As per the Income-Tax Act (ITA), 1961, there is no restriction on…
  • Rajiv Dogra
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