Income Tax

Unified Pension Scheme (UPS) is an important initiative announced on 24th August 2024 by the Narendra Modi government to provide […]

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

Home loan tax benefits allow taxpayers to claim deductions on both principal and interest payments which help to reduce overall

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.