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Section 80C of the Income Tax Act offers individuals and Hindu Undivided Families (HUFs) an opportunity to reduce their taxable income...

A Section 142(1) notice is a formal communication from the Income Tax Department that requests additional information, clarification, or...

Filing your Income Tax Return (ITR) when you have rental income and home loan deductions involves navigating several essential steps....

Understanding the financial benefits available under the Income Tax Act is crucial for managing your finances effectively, especially...

Education is one of the most significant investments an individual can make, and with the rising costs of higher education, education...

Sections 194C and 194I of the Income Tax Act, 1961 , are key provisions that regulate TDS (Tax Deducted at Source) for payments made...

Claiming tax deductions can be a confusing process, especially with the frequent changes to tax laws. For FY 2024-25, the amendments...

Section 80C of the Income Tax Act provides taxpayers with a valuable opportunity to reduce their taxable income by claiming deductions...

The Income Tax Act provides various tax benefits for senior citizens to reduce their taxable income, making income tax filing more...

Section 80D of the Income Tax Act, 1961, offers taxpayers an opportunity to reduce their taxable income through deductions for health...