Immunity from penalty cannot be denied due to default on the part of the Revenue

In the Nirman Overseas Private Limited Vs National Faceless Assessment Centre case,…

Important Cash Transaction Limits and Penalties Under Income Tax That You Need to Know About

In India, there are a lot of transactions that go unaccounted for,…

Income Tax: This Home Loan Benefit is Available Only up to 31st March

The individuals buying a home for the first time after 31st March…

Calculate the best amount of home loan and tenure that can lower cost and help in tax saving

Every individual, who has a source of income, has to pay tax…

Who can file ITR after the due date without a penalty?

The due date to file ITR for the F.Y. 2020-21 for individuals…
Tax Exemption

Government Intends to Bring Cryptocurrencies Under Tax Law

The government intends to amend Section 26A of the Income Tax Act…

IT: Conditions attached with the LIC premium deduction under Section 80C

The Income Tax Act provides tax benefits if you pay the premium…

Made Money From IPO Listings? Know the Tax Implications

Recently, we all witnessed a rise in the IPO listings of many…

All About Atal Pension Yojana: Eligibility, Returns, Tax Benefits

Are you looking for a pension plan to help you through the…

Which Home Loan Is Not Eligible for Deduction Under 80C?

Many people take private loans from their friends and relatives to fulfil…