Income Tax

Section 80E of the Income Tax Act allows a tax deduction on the interest paid on education loans for higher […]

Under section 244A of the Income Tax Act, interest on tax refunds is payable at 0.5% per month from either

An income tax refund is the amount paid by the income tax department when the amount paid in taxes (through

Overview Advance tax payment in India is a system of paying income tax in installments throughout the financial year as

Section 271H of IT Act related to penalty if a person fails to file TDS or TCS returns/statements within the

Overview Form 26QB is a challan-sum-statement used to pay TDS while purchasing an immovable property in India. A buyers must

Section 80C of the Income Tax Act remains a popular go-to for millions of Indian taxpayers. Offering deductions of up

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).

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