New Tax Rules for Property Owners: Challenges and Rollover Relief
The Union Budget 2024 introduced several changes to the taxation of long-term capital gains (LTCG) on property, and one of …
tax deductions
Filing ITR 2024 for pensioners: What you need to know before July 31
Our Government announced several benefits to senior citizens under Income tax which are discussed in below video, but some of …
Tax tribunals in Delhi and Mumbai allow deductions for CSR donation
Corporate social responsibility (CSR) Photo: Shutterstock Income Tax Appellate Tribunal (ITAT) benches in Delhi and Mumbai recently ruled in favour …
Section 80E: Deduction of Income Tax Act for Education Loan
In today’s dynamic and competitive world, higher education plays a pivotal role in shaping individuals’ careers and fostering personal growth. …
Tax proof, income overview: Why is Form 16 need in financial planning
Click image to see Form 16 Form 16 is an important document in the process of filing income tax returns …
Income tax allowances, deductions allowed for individuals in old tax regime
India’s personal tax system has two ‘regimes’: Old and new. The new tax regime does not have most of the …
Over 750,000 HUFs claimed Rs 3,803 cr tax deductions in 2022-23: FinMin
Over 8.75 lakh Hindu Undivided Families (HUFs) have filed income tax returns (ITRs) and claimed deductions worth Rs 3,803 crore …
