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As we step towards the last date for ITR filing for FY 2023-24, that is, 31st July 2024, it is very important that senior and super...

As per the Income Tax Act, there are 5 heads of income under which a taxpayer's income can be classified: Income from Salaries, Income...

In tax planning, the knowledge of various income tax provisions related to deductions can make a lot of difference. One such welcome...

The Indian government has made the linking of the Unique ID Card, or Aadhaar, with the Permanent Account Number a mandatory requirement...

As a first-time taxpayer, you may find the concept overwhelming, specifically when it comes to documentation and IDs. The Income Tax Act,...

The income tax assessment is a critical procedure conducted by the Income Tax Department to authenticate the details furnished by...

Filing income tax returns can often be a complex and confusing task, especially if you realize that you’ve made an error after...

As a first-timer going ahead with your first tax payment, you will definitely struggle to understand the many income tax sections and...

Section 194R of the Income Tax Act mandates the deduction of tax at source (TDS) on any benefits or perquisites provided in the course of...

The simplification of tax documentation has been significantly advanced with the launch of the Annual Information Statement (AIS). AIS...