Buying a house is a dream for many and involves a lot financial planning. Home Loan journey can be quite eventful and confusing.
Legality of Prior approval of Joint Commissioner for assessment in search cases under Section 153D of the Income Tax Act'1961
ITR-4 for AY 2020-2021 has been notified on the e-filing portal. Every taxpayer shall file the income-tax return electronically except a super senior citizen (whose age is 80 years or above during the previous year 2019-20) who furnishes the return either in ITR-1 or ITR-4.
Section 45 of the Income Tax Act, 1961 ('Act') is the charging section of the income chargeable under the head 'Capital Gains'.
TDS Section 194O | TDS on e-commerce operator
Concessional Income Tax Slab Rates for FY 2020-21 was notified by the FM in her Budget Speech. The new concessional tax rates can be availed without claiming certain deductions and exemptions.
ITR-4 for AY 2020-21 is now available on the e-filing portal. Three key additions have been made in the new ITR-4.
HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.
ITR-1 for AY 20-21 has recently been notified on the e-filing website of the Income Tax Department.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027