How to Become an Income Tax Officer in India?
An Income Tax Officer (ITO) is an authority in the Income Tax Department whose job is to check financial documents, […]
How to Calculate HRA Tax Exemption For AY 2025-26?
HRA full form stands for House Rent Allowance is one of the major components of most salary packages. It is
Exemptions and Deductions For Army Personnel For AY 2025-26
Various income tax exemptions and deductions are available for army personnel in AY 2025-26. Let’s check what are those deductions:
The Costliest Share in India: Trading At 10 Lakh Per Unit
The most expensive share which is India’s first registered Small and Medium Real Estate Investment Trust (SME-REIT) that plans to
AIS Income Tax: What’s New in 2025 on the IT Portal
What is AIS? AIS is a comprehensive record of a taxpayer’s financial transactions for a financial year introduced by the
E-Way Bill: Follow These 2025 Rules & Avoid ₹10,000 Penalty
E-Way Bill also known as Electronic Way bill is a document to be generated online under the GST system, when
Section 271H of IT Act: New Rules to TDS/TCS Filing Penalties
Section 271H of IT Act related to penalty if a person fails to file TDS or TCS returns/statements within the
Form 26QB: TDS on Property Sale For FY 2024-25
Overview Form 26QB is a challan-sum-statement used to pay TDS while purchasing an immovable property in India. A buyers must
GSTR-3B: Edit Option to Be Removed from July 2025
Important Update GST Portal provides a pre-filled GSTR-3B, where the tax liability gets auto-populated based on the outward supplies declared
ITR Filing Online for FY 2024-25: More Than 500K Users Have Filed
The Income Tax Portal has enabled ITR-1 & ITR-4 Utilities for filing Income Tax Returns for the Assessment Year 2025-26.
44ADA of Income Tax Act Benefit To Pay Zero Tax On ₹24 Lakh Income
Biggest Benefit •In Budget 2025, Finance Minister made an announcement that an individual earning up to ₹12 Lakh annually will
194S TDS Rates on Cryptocurrency and Digital Assets
194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens).