Income Tax

ITR processing time means the duration it takes after the return has been filed. After ITR has been filed, the […]

Section 43B(h) of Income Tax Act Finance Act 2023 inserted a new provision u/s 43B i.e., clause (h) which states

Tax Audit Report is a document prepared by a Chartered Accountant. It is prepared after examining thoroughly the financial records

Angel tax is levied on unlisted companies who have to pay on the capital they raise through issue of shares.

Income Tax Clearance Certificate (ITCC) is a document which states that an individual has no outstanding pending tax liabilities or

194R TDS applies if any benefits or perquisites given in a business or profession, whether in cash or kind. Who

ITR Refund Scam messages have been seen nowadays beware of this scam as fraudsters try to trick people by providing

Tax audit due date for AY 2024-25 is 30th September 2024. What is a tax audit? A tax audit is

Section 194T is a newly inserted for TDS deduction proposed as per Clause 62 of Finance (No. 2) Bill, 2024.

Section 80E of the Income Tax Act allows a tax deduction on the interest paid on education loans for higher

TCS on car purchase is a provision under the Income Tax Act where dealer or sellers are requires to collect