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When filing your Income Tax Return (ITR) , one of the critical sections that taxpayers need to focus on is reporting income from...

When it comes to income tax deductions , many taxpayers are not aware that they may be able to claim a deduction for interest paid on...

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...

Gift income, particularly from relatives, is a topic that many taxpayers are unsure about. While it’s common to receive gifts on special...

Lease rental income is a common source of income for many property owners. Understanding how to properly calculate and report rental...

Understanding how to report the income of a minor child is an essential aspect of tax filing for parents. Under the Indian Income Tax Act...

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...