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A tax audit under Section 44AB of the Income Tax Act, 1961 is a crucial requirement for businesses, professionals, and individuals...

Form 26AS is a crucial document for all taxpayers, including freelancers, as it contains a comprehensive summary of the tax deductions...

Understanding Section 54: Save Tax on Selling Your House Selling a house often brings a large cash inflow, but it also creates a...

Receiving an income tax notice can feel a bit unsettling. However, understanding the notice u/s 143(2) of the income tax act  is your...

The section 80EEB  deduction provides a tax benefit on the interest paid for an Electric Vehicle (EV) loan under the Income Tax Act. It's...

Understanding Tax Collected at Source (TCS): The Basics Planning a high-value purchase or an overseas trip? You might encounter Tax...

What is Section 194J of the Income Tax Act, 1961? Understanding Tax Deducted at Source (TDS) is very important for businesses and...

Tax planning is a crucial aspect of personal finance, and making the most of available tax deductions is one of the most effective ways...

Understanding the Section 87A income tax rebate  is quite important for taxpayers in India  because it can significantly lower your tax...

Many people wonder about taxes when they make profits from selling shares or mutual funds. Understanding Section 112A  is very important...