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Rent received in cash is a common occurrence for many landlords, especially in informal rental agreements. However, reporting rent...

Section 24(b) of the Income Tax Act is a significant provision for individuals who own a property and are paying interest on a home...

Filing your Income Tax Return (ITR) can seem overwhelming, especially when dealing with multiple documents that are essential for...

Commission income and incentives are common forms of earnings for many individuals, especially those working in sales, marketing, and...

Exempt income refers to income that is not subject to tax under the provisions of the Income Tax Act of India. While this type of income...

Social media platforms like YouTube and Instagram have evolved into significant sources of income for many individuals. As a result,...

Under the Income Tax Act, Section 44ADA offers a simplified tax filing mechanism for professionals who earn income from professions like...

Understanding the tax liabilities of Non-Resident Indians (NRIs) is crucial for ensuring compliance with the Indian tax system. While...

Co-ownership of property can have significant implications when it comes to filing taxes and reporting rental income. When multiple...

Tax filing in India involves multiple forms, deductions, and legal requirements that often overwhelm taxpayers. TaxBuddy simplifies this...