Income Tax Exemption on Home Loan – Don’t miss these 3 tax benefits
Most Indians, use home loans as the tax saving option to optimise their taxes. In this article, let’s understand how …
Income Tax
Quoting PAN is compulsory (Must know rules)
Introduction Permanent Account Number (PAN) is compulsory for certain transactions and one shall furnish the same while undertaking these transactions. …
How to submit Feedback in the Annual Information Statement
As we all know, the Annual Information Statement (AIS) is a very crucial document in our Income Tax Return filing. …
Tax Saving Investment Options for Employees
In this article, let’s discuss some important points you need to consider before making tax-saving investments. Often, people opt for …
Income Tax Compliances for Employees
Introduction Adhering to the timelines is the one of the most critical particularly for employees. In this article, we will …
Changes in ITR1 form for FY 2023-24 (AY 2024-25)
Income Tax Return 1 (ITR-1) is the most commonly used ITR form by Individuals in income tax return filing. The …
Is PAN compulsory for all? [Must know]
Introduction We all know that having a PAN card is a must for almost all kinds of financial transactions. In …
Taxation of Long-term Capital Gains on Shares and Mutual Funds
Introduction Taxation of Shares and Mutual funds is a little complicated, unlike the regular slab. Since these incomes are taxable …
Income Tax Calculation for Senior Citizens – FY 2023-24 (AY 2024-25)
1. Introduction Understanding the income tax calculation is quite complicated unless you learn it the right way. Be it income …
How to correct Income Tax Challan online
Introduction Till now if you made any mistake in the income tax challan you need to approach the Assessing Officer …