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The sum of various heads of income is called Gross Total Income (GTI). This figure represents the total earnings of a person in a...

Filing your Income Tax Return (ITR) is a crucial annual task for taxpayers in India, but the process can seem daunting, especially for...

Filing Income Tax Returns (ITR) can be a daunting task, especially for those unfamiliar with the complexities of tax laws and the...

Tax filing can often be a complex and daunting task, especially with the constantly changing tax laws and regulations. For many...

Filing Income Tax Returns (ITR) is a crucial task for freelancers, but many might be tempted to handle it themselves to save money or...

Yes, you can claim House Rent Allowance (HRA) for rent paid to your parents, even if they live in another city. Indian tax laws permit...

No, you cannot claim a tax deduction under Section 80C for investing in Sovereign Gold Bonds (SGBs). The "sovereign gold bond tax...

A taxpayer might file an income tax return and then feel unsure about what comes next. The ITR-V status is a crucial part of this...

Many taxpayers wonder about the Section 80TTA deduction limit, often mixing it up with a ₹40,000 figure. The 80TTA deduction limit is...

A taxpayer looking to fill Schedule 80D in an Income Tax Return (ITR) should know it's not always mandatory. This schedule is the...