Income Tax

Salary Arrears refers to the pending salary or dues received in a lump sum for past financial years. It usually […]

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

Filing income tax returns is a crucial responsibility for every taxpayer. However, it’s not uncommon to realize errors or omissions

As per the Income Tax Act of 1961, Section 80TTA – Deduction in respect of interest on deposits in savings

Set off and Carry forward of losses refer to adjusting losses incurred under one head of income or in one

Introduction – Why Choosing the Right ITR Matters Filing Income Tax Return (ITR) isn’t just about putting numbers and clicking

Key Takeaways Introduction When it comes to Income Tax, many people are confused between the old tax regime and the

Latest Update ITR-3 notified by IT Department on 30th April 2025 via Notification No. 41/2025 which is applicable for FY

Gratuity under the Income Tax Act, 1961, is a lump-sum payment made by an employer to an employee in recognition

The Employees’ Provident Fund (EPF) is a retirement savings scheme governed by the Employees’ Provident Fund and Miscellaneous Provisions Act,

Leave encashment refers to the payment an employee receives in lieu of unutilized earned leave. This lump sum payment is