A taxpayer can file ITR 1 and ITR 4 online. Income Tax Return (ITR) filing has now become a more streamlined process...
Income Tax: The Indian Income Tax system is intricate as it covers important aspects of the economy. There are various concepts in Income...
Income Tax for NRI: NRIs have to file income tax as per Indian Income Tax Act, 1961 Income Tax for NRI: Indian Income...
The Income Tax Act of 1961 mandates that certain people or organisations withhold TDS from any payments made for specific services. It...
The Income Tax department on Monday released a ‘tax calculator’ which aims to help a taxpayer decide if the new income tax regime...
House rent allowance: Self-employed and salaried individuals who do not receive an HRA can claim an exemption for the rent under Section...
The Income Tax Department has increased its vigilance against unreported income to combat tax evasion. You are currently required to submit PAN...
ITR 1 Sahaj Form: ITR 1 form is the most commonly used form for ITR filing. ITR 1 is filed by taxpayers whose income is...
The Delhi bench of the ITAT gives ruling in the case of Shivani Madan (the taxpayer), in which it upheld a taxation...
Union Budget 2023 has made the New Tax Regime attractive by providing taxpayers with an opportunity to claim some deductions. As per...