Key IT Rules on Reporting Cash, Employer Gifts, and Gifts-in-Kind. (Image Source: Freepik)
Report Diwali gifts in your ITR

Receiving festive gifts? Understand the Indian income tax rules to avoid penalties. Gifts from specified relatives (parents, spouse) are tax-exempt…

income tax returns, ITR, tax, credit card, income tax department
Tax Talk: Report exempt income in ITR

Filing ITR? Don’t ignore exempt income. Tax expert Neeraj Agarwala explains why disclosure is mandatory, how capital gains reporting has…