Income Tax

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

ICAI AI tool is an AI-powered Chabot developed by the Institute of Chartered Accountants of India to assist Chartered Accountants

The Indian Income Tax (IT) Department uses advanced tools like data analytics and Artificial Intelligence (AI) to track high-value financial

Income Tax Department has notified a new form via Notification No. 49/2025 dated 19th May 2025 which has now been

Dearness Allowance is the additional payment the Government and Public Sector Entities make to their Employees and Pensioners. Key Takeaways

As per the Income Tax Act (Section 80-IAC), a startup is an entity (company or LLP) incorporated between April 2016

Pension means a regular payment, made to retired individuals from an investment fund to which an employer has contributed during

Section 80TTB offers senior citizens a deduction on interest income from bank deposits. The benefit is available exclusively under the

Section 80CCH of the Income Tax Act was introduced to provide a special tax benefit for soldiers enrolled under the

Section 80GG deduction is available under Chapter VI-A which provides tax relief to individuals who incur expenses on rent for