Income Tax

The commencement of the income tax return filing season for the Assessment Year (AY) 2025-26 is approaching, with the process […]

Section 194LA of the Income Tax Act 1961 is a provision that deals with the deduction of Tax Deducted at

The first step is choosing between the new tax regime and the old tax regime, as this decision impacts your

Statutory Audit Meaning A statutory audit is a compulsory audit of the financial records of a business conducted by an

Long-Term Capital Gains refer to the profits earned from selling assets or investments held for more than a specified period,

The Income Tax Bill 2025 may grants IT Department the right to access taxpayer’s digital spaces. Legal Basis As per

There has been ongoing debate regarding who should be responsible for conducting tax audits. On one side, Chartered Accountants (CAs)

Meaning of Section 194K Section 194K of the Income Tax Act pertains to the deduction of Tax Deducted at Source

Family pension is received by the spouse, children, or legal heirs of a deceased person. It is typically 50% of

Form 15H is self-declaration forms which can be submitted by resident individuals to their banks or financial institutions to request

According to section 194 of the Income Tax Act, the principal officer of an Indian company must deduct tax at

Section 193 of the Income Tax Act, 1961 mandates the deduction of Tax Deducted at Source (TDS) on interest earned