Seventh Proviso to Section 139(1): Mandatory ITR Filing for High Value Transactions
Seventh Proviso to Section 139(1) of the Income Tax Act, 1961, added with effective from 1st April 2020. It mandates […]
Form 10IEA: Make Right Tax Regime Choice Before Filling ITR
Form 10IEA allows taxpayers to choose between the old and new tax regimes. Starting from AY 2024-25 you are falling
E-Tax Payment: How to Pay Tax online on the Income Tax Portal?
E -Tax Payment allows taxpayers to remit their taxes online by electronically through authorized channels, such as internet banking, mobile
80C Deduction: Benefits and Limitations Available For FY 23-24
Deduction under section 80C of the Income Tax Act 1961, allows taxpayers to reduce their taxable income by making specific
Pension: Income Tax Return For Pensioners For FY 2023-24
Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during
Golden Rules of Accounting: The 3 Main Rules With Example
Golden Rules of Accounting provide a framework for accurately recording financial transactions in accounting books, ensuring consistency and clarity in