Income Tax Articles

Form 10-IEA: Opting for the Old Tax Regime

Posted by Mitali 11 July 2024 3610 Views

Form 10-IEA has been notified through Notification No. 43/2023 dated 21st June 2023 which enables taxpayers to make choice between the old and new tax regimes.

FAQs on New Vs Old Tax Regime For AY 2024-25

Posted by Mitali 08 July 2024 3282 Views

The Finance Act 2023 has amended the provisions of Section 115BAC w.e.f. AY 2024-25 to make the new tax regime the default tax regime for the assessees being individuals, HUF, AOP (not being cooperative societies), BOI, or artificial judicial persons.

Common ITR Issues And FAQs For Filing Return For AY 2024-25

Posted by Shivani 08 July 2024 2858 Views

Discover solutions to common ITR issues and get answers to frequently asked questions for filing your income tax return for AY 2024-25.

History of Taxation in India

Posted by prasad Nilugal 08 July 2024 1095 Views

Taxation in India has been through a long journey of three centuries to reach where it stands today. We have tried to explain the journey chronologically in this article!

Income Tax Compliance Due Dates - July 2024

Posted by Ishita Ramani 04 July 2024 1632 Views

In this article, we will look at the compliance calendar for July 2024, which includes Income tax compliances/PF/ESI.

Final Checklist before Filing ITR for FY 23-24

Posted by CA Pallav Singhania 02 July 2024 3454 Views

Filing an income tax return (ITR) is a crucial annual task for taxpayers, ensuring compliance with tax laws and facilitating smooth financial planning. As the Financial Year (FY) 2023-24 draws to a close, it is imperative to be well-prepared and informed before filing your ITR. Here are the key considerations to keep in mind.