Income Tax

Seventh Proviso to Section 139(1) of the Income Tax Act, 1961, added with effective from 1st April 2020. It mandates […]

ITR refund time can be based on several factors like how you file your return (online or offline), accuracy of

Form 10IEA allows taxpayers to choose between the old and new tax regimes. Starting from AY 2024-25 you are falling

ITR 1 also known as the SAHAJ form applies to those taxpayers that do not have total income exceeding ₹

TDS on Contractor is a tax mechanism where the payer deducts a certain percentage as tax when making payments to

Section 80GG deduction is available under Chapter VI-A which provides tax relief to individuals who incur expenses on rent for

E -Tax Payment allows taxpayers to remit their taxes online by electronically through authorized channels, such as internet banking, mobile

Index launched by CBDT every year considering the inflation in the country. The Cost Inflation Index (CII) is used to

Gratuity is a statutory benefit paid to the employees as a token of appreciation for their service to the organization.

Deduction under section 80C of the Income Tax Act 1961, allows taxpayers to reduce their taxable income by making specific

The Income Tax Act 1961 provides taxpayers with various Chapter VIA Deductions. These amounts are deducted from the gross total

Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during