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Section 142(1) of the Income Tax Act, 1961 , empowers the Income Tax Department to issue notices to taxpayers when there are...

Donating to charity not only helps those in need but also provides a valuable opportunity for taxpayers to reduce their taxable income....

Section 80C of the Income Tax Act offers one of the most popular avenues for taxpayers to save on taxes through deductions. It allows...

Section 80D of the Income Tax Act provides tax benefits to individuals who pay premiums for health insurance policies for themselves,...

Section 80E of the Income Tax Act is a crucial provision aimed at providing financial relief to taxpayers who are repaying loans for...

Section 80D of the Income Tax Act offers taxpayers the opportunity to claim deductions for premiums paid on health insurance policies,...

Section 24(b) of the Income Tax Act, 1961, plays a crucial role in providing tax relief to individuals and Hindu Undivided Families...

Section 142(2A) of the Income Tax Act, 1961 , allows the Income Tax Department to direct an audit of a taxpayer’s books of accounts when...

When it comes to tax planning, understanding the available deductions is crucial for reducing your taxable income and maximizing savings....

Section 87A of the Income Tax Act provides a valuable rebate for individual taxpayers, helping them reduce their overall tax liability....