ITR Filing Deadline Extended, But Tax Payment Isn’t – Avoid Interest Liability and Filing Mistakes

4 Aug, 2025

ITR Filing Deadline Extended, But Tax Paym...

Every year, the Income Tax Department brings in new rules, forms, and compliance requirements, but one common misunders...

Income Tax Return Filing for FY 2024-25 (AY 2025-26): Complete Guide and Mandatory Filing Criteria

4 Aug, 2025

Income Tax Return Filing for FY 2024-25 (A...

The Income Tax Return (ITR) filing season for Financial Year 2024-25 (Assessment Year 2025-26) is underway. Filing your...

Schedule AL in Income Tax Return – Importance, Reporting Rules, and Common Mistakes

4 Aug, 2025

Schedule AL in Income Tax Return – Importa...

The Indian tax framework is designed not only to monitor income but also to track the assets and wealth of high-income ...

Why Salaried Employees Should Never Skip ITR Filing – A Story That Teaches a Lesson

21 Jul, 2025

Why Salaried Employees Should Never Skip I...

It was the end of June. The monsoon had just arrived, and with it came the annual buzz of income tax return (ITR) filin...

Income Tax Return Filing for Salaried Employees

21 Jul, 2025

Income Tax Return Filing for Salaried Empl...

The income tax return (ITR) filing season is one of the most crucial times for salaried employees. For many, tax filing...

TDS on Payment of Rent by Certain Individuals or HUF: Section 194-IB

21 Jul, 2025

TDS on Payment of Rent by Certain Individu...

The Income Tax Act, 1961, includes various provisions for tax deduction at source (TDS) on rental payments. One such pr...

House Rent Allowance (HRA) Deduction – Documents Every Salaried Employee Must Keep

21 Jul, 2025

House Rent Allowance (HRA) Deduction – Doc...

House Rent Allowance (HRA) is one of the most commonly claimed tax exemptions by salaried employees under Section 10(13...

Reporting of Foreign Assets and Liabilities in Income Tax Return

21 Jul, 2025

Reporting of Foreign Assets and Liabilitie...

With increasing international tax compliance measures like CRS (Common Reporting Standard) and FATCA (Foreign Account T...

Buying Property from an NRI? Avoid This Common TDS Blunder

21 Jul, 2025

Buying Property from an NRI? Avoid This Co...

It was a bright sunny day in Gurgaon when Raj and his wife Neha finally decided to buy their dream home. After years of...

How NRIs Can Save Tax on Property Sale Using Section 54EC Bonds

8 Jul, 2025

How NRIs Can Save Tax on Property Sale Usi...

For Non-Resident Indians (NRIs) who invest in Indian real estate or other immovable properties, understanding capital g...

How NRIs Can Save Tax on Property Sale in India Using Section 54

8 Jul, 2025

How NRIs Can Save Tax on Property Sale in ...

For many Non-Resident Indians (NRIs), owning property in India is both an emotional and financial investment. Over time...

Received Section 143(2) Scrutiny Notice for AY 2024–25? Meaning, Reasons, and How to Respond

27 Jun, 2025

Received Section 143(2) Scrutiny Notice fo...

Filing your Income Tax Return (ITR) does not always end the compliance process. In many cases, the Income Tax Departmen...

Virtual Office Space for GST, Private Limited Company, and LLP Registration in India

27 Jun, 2025

Virtual Office Space for GST, Private Limi...

In today’s digital-first economy, businesses are increasingly shifting from traditional office setups to cost-effecti...

Section 54 for NRIs: How to Save Tax on Property Sale in India

24 Jun, 2025

Section 54 for NRIs: How to Save Tax on Pr...

Imagine this: after years of living abroad, you decide to sell your inherited or long-held property in India. The paper...

NRI Tax Filing in India: Old vs. New Tax Regime, Which One Should You Choose in AY 2025–26?

24 Jun, 2025

NRI Tax Filing in India: Old vs. New Tax R...

Once upon a time, filing taxes in India was simple for most people. But now, for Non-Resident Indians (NRIs), it has be...

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