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Income tax planning is an essential part of managing finances efficiently, especially for salaried individuals. Understanding the...

Filing your Income Tax Return (ITR) can become more complicated when you change jobs during the year, especially when you have multiple...

Navigating the complexities of tax filing  can be challenging, especially when it comes to understanding notices and assessments issued...

Section 87A of the Income Tax Act is a significant provision that provides a rebate on the income tax payable by individuals, offering...

Filing taxes for income earned through professions or businesses can often be complex due to differences in how the income is categorized...

The Income Tax Act of India allows taxpayers to choose between two tax regimes—the old tax regime, which offers various exemptions and...

Understanding the 80CCD(2) in new tax regime is very important for salaried individuals. This knowledge helps in making smart tax-saving...

Filing your Income Tax Return (ITR) on time is essential to avoid penalties and ensure compliance with tax laws. However, many taxpayers...

Filing a belated income tax return comes with specific restrictions, especially when it comes to claiming deductions. According to...

Filing Income Tax Returns (ITR) accurately and on time is crucial for taxpayers. However, there are situations where a taxpayer may miss...