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Discover the deductions and exemptions not available under the New Tax Regime (Section 115BAC) of the Income Tax Act, 1961, to make an informed decision....

Step-by-step guide to filing ITR-2 online for FY 2023-24, covering salary income, capital gains, and other sources of income. Ensure compliance and avoid penalties....

Understand the implications of receiving a notice under Section 143(2) of the Income Tax Act. Learn how to respond, time limits, and consequences. Get detailed insights here....

Get answers to common ITR issues and FAQs for filing your tax return for AY 2024-25. Resolve filing errors and understand tax regime options with our comprehensive guide....

How to calculate the turnover of Futures & Options (F&O) for taxation purposes, including detailed examples and tax filing requirements under ITR 3....

Explore Section 80JJAA of Income Tax Act, encouraging job creation in India. Learn about conditions, deductions, and benefits for businesses hiring additional employees....

Explore the Bombay High Court's ruling on the invalidity of a reassessment notice under Section 148 of the Income-tax Act, 1961, for AY 2015-16. Understand why issuance without DIN and by the Jurisdictional Assessing Officer (JAO) instead of NFAC is legally flawed....

Learn about the consequences of filing your ITR incorrectly and claiming a full refund. Understand Section 133(6) of the Income Tax Act, its implications, penalties, and how to respond to notices effectively....

Get answers to FAQs on the new vs. old tax regime for AY 2024-25. Learn about the differences, benefits, and how to choose the best option for you....

Discover how AI is transforming tax compliance standards, automating tasks, detecting fraud, and enhancing efficiency. Learn about its impact and future opportunities....