Income Tax

ITR processing time means the duration it takes after the return has been filed. For Assessment Year 2025-26 (covering Financial […]

ITR refund time can be based on several factors like how you file your return (online or offline), accuracy of

Income Tax Notice is sent by the Income Tax Department to taxpayers informing about discrepancies or issues related to your

Virtual Digital Assets (VDAs) including Cryptocurrencies and NFTs, have been categorized as undisclosed income. But, VDA does not include: This

194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens).

Cost Inflation Index (CII) is used to estimate the yearly increase in an asset’s price due to inflation. Indexation is

ITR-1 also known as the SAHAJ form applies to those taxpayers that do not have total income exceeding ₹ 50

Form 10IEA allows taxpayers to choose between the old and new tax regimes. Starting from AY 2024-25, the new tax

A cash transaction involves the exchange of physical currency for payment or receipt, distinguishing it from digital methods such as

Under Indian tax laws, Tax Collected at Source (TCS) provisions require certain sellers to collect tax from buyers at the

TDS on cash withdrawal means that if you take out a large amount of cash from your bank account, the

Bogus income tax refund claims includes those claims which are made by individuals or entities submitting false or inflated claims