Tax Guide

80TTA Deduction: Tax Benefit on Savings Interest For FY 2024-25

As per the Income Tax Act of 1961, Section 80TTA – Deduction in respect of interest on deposits in savings […]

Set off and Carry forward of losses refer to adjusting losses incurred under one head of income or in one

Introduction In today’s digital world, apps like Google Pay have made sending and receiving money easier than ever. Whether it’s

What is GSTR-7? GSTR-7 is a month returns filed by the individual who are required to deduct TDS. Who can

As per the advisory on 22nd January 2025, GSTN published that after the successful implementation of Phase-I & Phase-II now

TDS (Tax Deducted at Source) is a system introduced by the Income Tax Department whereby a person or entity making

Introduction – Why Choosing the Right ITR Matters Filing Income Tax Return (ITR) isn’t just about putting numbers and clicking

Key Takeaways Introduction When it comes to Income Tax, many people are confused between the old tax regime and the

Selling property in India involves tax implications under the Income Tax Act, 1961. Understanding the nuances of capital gains taxation

Latest Update ITR-3 notified by IT Department on 30th April 2025 via Notification No. 41/2025 which is applicable for FY

Introduction Almost of all of us have come across a torn, dirty or even slightly burn currency note – stuffed

Introduction In the last few years, digital payments have become a big part of our daily lives. Whether you’re paying