Income-Tax Return: A Brief Note on Annual Information Statement (AIS)

The Income-Tax (I-T) Department has directed taxpayers to access the Annual Information…

March 2024: An Eye on Tax-Related Deadlines

Income tax planning generally aids in two ways: reduction in tax liabilities…

Income-Tax vs Tax Deducted at Source: Know the Difference

Income tax and Tax Deducted at Source (TDS) are two terms that…
Tax Exemption

Income Tax: Pending Tax Demand Up To Rs 1 Lakh Waived

The Central Board of Direct Taxes (CBDT) has prescribed the outstanding tax…

Income-Tax: A Brief Note on TAN

A Tax Deduction Account Number (TAN) or Tax Collection Account Number (TCS) …

February 2024: A Look at Tax-Related Deadlines

The income tax (I-T) department has published a comprehensive tax calendar on…

Failed to Submit Investment Proofs Within the Deadline? Here’s What Happens

The time to submit relevant investment proofs to avail deductions and reduce…

Interim Budget 2024-25: A List of Few Key Expectations

On February 1, 2024, Finance Minister Nirmala Sitharaman is scheduled to present…

Income-Tax Act Amendments: Norms for Rental Income Deductions

As per Section 194-I of the Income-Tax Act (ITA), 1961, individuals and…

January 2024: Remain Watchful of These Important Tax-Related Dates

Tax planning is essential for every individual to ensure savings and avoid…