Income-Tax Act Amendments: Norms for Rental Income Deductions As per Section 194-I of the Income-Tax Act (ITA), 1961, individuals and… Rajiv DograPosted on January 4, 2024January 4, 2024
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 DograPosted on December 26, 2023December 26, 2023
The government plans to establish a simplified tax system Sources said that the finance ministry would soon review the exemption-free new… Namita ShahPosted on August 17, 2022August 18, 2022
Do you need to file ITR and disclose your foreign travel expenses? People are splurging on foreign travel as international travel opens up after… Namita ShahPosted on May 23, 2022May 23, 2022
Higher TDS for Non-ITR Filers? The Central Board of Direct Taxes (CBDT) issues a circular for determining… Bhavana PNPosted on May 20, 2022May 20, 2022
Use Section 80D to Avail Tax Deduction on Health Check-up Expenses You can claim tax deductions by investing in various tax-saving instruments. Nevertheless,… Bhavana PNPosted on February 18, 2022February 21, 2022
IT: Conditions attached with the LIC premium deduction under Section 80C The Income Tax Act provides tax benefits if you pay the premium… Namita ShahPosted on December 1, 2021December 1, 2021
Mistakes to Avoid While Investing for Section 80C Deduction Section 80C is one of the most popular tax-saving provisions used widely… Jyoti AroraPosted on September 21, 2021September 21, 2021
How to claim an income tax deduction on house rent payment without HRA The salaried individuals, who stay in rented accommodation, take advantage of claiming… Namita ShahPosted on August 17, 2021August 17, 2021
What is the TDS provision for rent paid by individuals above Rs 50,000? Many people are unaware of TDS provisions while paying rent on the… Namita ShahPosted on July 20, 2021August 4, 2021
