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

In India, home loans provide substantial tax advantages as outlined in the Income Tax Act of 1961. These incentives aim

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,

Advance tax payment is the amount of Income Tax that pay in advance on the income earned during the year.

New tax regime under section 115BAC of the Income Tax Act was introduced in the 2020 budget by Finance Minister

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

Section 80GGC is a part of Chapter VI-A of the Income Tax Act, 1961 which include deduction towards donations made

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