IT compliances related to the sale of immovable property by NRI in India

When a non-resident Indian sells property located in India, the Income Tax…

ITAT: Tax planning can be legitimate unless it is within the framework of law

The assessee had sold a property and earned long-term capital gains on…
Tax Exemption

Tax Implications on Your Stock Market Investments

Income tax is one of the most important sources of revenue for…

Is it possible to claim HRA even if you stay with your parents?

House Rent Allowance (HRA) is one of the components of the salary…

Concessional loan provided by the employer amid COVID is taxable

Due to the COVID-19 pandemic, many employees received financial assistance from their…

Do Bloggers Pay Tax? How?

The millennial generation has substituted the way we humans used to work…

Income Tax Return Filing Due Dates for FY 2020-21 Further Extended!

The CBDT has extended the deadlines for filing an income tax return…

Government eases record authentication process for faceless assessment

The CBDT introduced a new rule to relax the authentication process of…
Tax Exemption

Do you have to show your assets in your income tax return?

The income tax department has mandated high-income earners to disclose certain assets…

Government extends timelines for e-filing of various income tax forms

The government has issued a circular dated 29th August 2021 to extend…