Understand Section 54F of the IT Act, 1961. Learn about capital gains exemption for residential property with this case law analysis. Get the facts!
Claim tax benefits under Section 80U for disability. Learn eligibility, exemption amounts (Rs. 75,000 to Rs. 1,25,000), and required medical certificates.
Haven't filed your Income Tax Return (ITR) by the deadline? Discover how to file a Belated ITR, penalties, and crucial deadlines to avoid further issues.
Discover if Hindu Undivided Families (HUFs) can claim benefits under Section 23(2) of the Income Tax Act. Learn about the Gujarat High Court's decision.
Understand Section 35AD deductions for specified businesses like gas pipelines. Learn about capital expenditure, set-off, and carry-forward of losses.
Understand Income Tax, TDS, and how to file your Income Tax Return online in India. Learn the essential steps for a smooth filing process.
Imagine India without income tax. Discover the potential economic impacts, from increased spending to rising indirect taxes. Is it feasible?
The CBDT has further extended due dates for Income Tax Returns (ITR) and audit reports for AY 2021-22. Find the new deadlines here.
Understand your right to cross-examine witnesses in income tax search and seizure cases. Learn how this ensures fairness and due process in tax proceedings.
Understand the scope of Section 154 of the Income Tax Act for rectifying mistakes apparent from records. Learn what qualifies for rectification and its limitations.