ITR FY2024: P2P Lending or Peer-to-Peer Lending is one of the upcoming and somewhat most trusted ideas to earn passive income. P2P lending,...
Income Tax Return (ITR) filing is a critical responsibility for taxpayers and carries several significant implications. By understanding the importance of ITR...
The responsibility of filing ITRs goes beyond individuals. Businesses, firms, LLPs, HUFs, companies, and even some institutions like universities all need to...
Income Tax Returns: The Annual Information Statement (AIS) in income tax filing is a detailed financial report issued by the Income Tax...
ITR Filing: The deadline for filing an Income Tax Return (ITR) for the financial year 2023-24 and assessment year 2024-25 is July...
Salaried individuals receiving a house rent allowance as part of their salary can claim HRA exemption if they pay rent for their...
Arrears bring both relief and a headache when it comes to filing taxes. While they signify delayed but deserved earnings like salary,...
Section 80TTA of the Income Tax Act, 1961 offers a rebate on the interest income Ever wondered how to reduce your tax...
As per income tax rules, misreporting income is against the law and bound to attract heavy penalties. Section 270 of the Income...
Defective income tax return: You may make mistakes when performing tasks that are unfamiliar, such as filing income tax returns (ITR). These errors...