Articles by Mitali

Tax-Free Perquisites & Overseas Medical Cover for Salaried Staff

Posted by Mitali

23 August 2025 318 Views

Salaried employees enjoy new tax exemptions on non-monetary perquisites (up to £4 lakh salary) and overseas medical treatment under Rules 3C & 3D. Learn more!

Pensioner Tax Benefits: Save Thousands & Skip Filing

Posted by Mitali

23 August 2025 23272 Views

Discover hidden tax benefits for pensioners over 60, 75, and 80. Learn how to save thousands and potentially skip filing your tax return.

87A Rebate Restored on Share Capital Gains: ITAT Ruling

Posted by Mitali

19 August 2025 10529 Views

Discover how ITAT Ahmedabad's ruling restores the 87A rebate on share market capital gains. Learn your rights and how to claim refunds for past years.

Filed Under 44AD Instead of 44ADA and Claimed Full Refund: Now Facing Audit and Penalties

Posted by Mitali

18 August 2025 24092 Views

ITR filing under Section 44AD for professional income deducted under Section 194J may lead to audits, heavy penalties, and refund reversal.

ICICI Bank Minimum Balance Hike: What You Need to Know

Posted by Mitali

11 August 2025 340 Views

ICICI Bank raises minimum balance to Rs 50,000 for new accounts. Discover the impact and what it means for you. Learn more now!

Over 75s: Bank Errors Mean No Tax Refund!

Posted by Mitali

08 August 2025 6622 Views

Senior citizens (75+) in India can skip ITR filing if income is pension/interest only. Learn the conditions & risks of bank errors.

Income Not in 26AS/TIS? Adjust Your ITR Manually

Posted by Mitali

06 August 2025 2578 Views

Income missing from 26AS or TIS? Learn how to manually adjust your Income Tax Return to report correct income and TDS, avoiding penalties and demands.

37-Digit Bank Balance Mystery: Man Finds Lakhs in Mother's Account

Posted by Mitali

05 August 2025 2004 Views

A man discovered a staggering 37-digit sum in his late mother's bank account. Read about the investigation into this bizarre financial anomaly.

Mandatory ITR Filing: Foreign Travel & High Electricity Bills

Posted by Mitali

02 August 2025 1076 Views

Discover if you're legally required to file an Income Tax Return (ITR) due to foreign travel or high electricity bills, even with low income. Learn more!