Income Tax

Income Tax for Senior Citizens above 75 years are exempt from paying income tax. Who are called Senior Citizens? Senior […]

Introduction Taxpayers are required to comply with tax laws and regulations, but mistakes, delays, or omissions can lead to penalties.

The Income Tax Department is increasingly using Artificial Intelligence (AI) to combat tax evasion, leveraging advanced technologies to improve compliance

Digitalization is revolutionising the operations of tax administrations by significantly enhancing their capacity to gather, process, and oversee tax-related information.

Share market taxation refers to the taxes which imposed on the buying and selling of shares. The participants in the

Rebate u/s 87A of the Income Tax Act provides tax relief to taxpayers whose total income does not exceed a

Belated Return means the tax return which is filed after the original due date specified by the Income Tax Department.

Which appeals are covered under Direct Tax Vivad Se Vishwas Scheme, 2024 ? Please refer to section 89 of the

As many of you are aware, the recent news surrounding Atul Subash’s suicide case has raised significant concerns. Allegations of

194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens).

Revised income tax return is a corrected version of your original tax return. Filing a Revised Income Tax Return (ITR)

Tax audit form is used to report details of a tax audit conducted under Section 44AB of the Income-tax Act.