Page 134 of Income Tax

Here’s what constitutes capital gains for mutual funds and how your existing investments need to be accounted for in your…

As per the income tax law, there are certain types of income that are exempt from taxes, referred to as…

Clubbing of income arises when someone tries to pass off their income as someone else’s. Income tax department seeks full…

The income tax return is deemed to be filed as per the requirement of law only if the taxpayer, after…

The CBDT has issued a stern directive to Income Tax Department (ITD) offices in the country, asking them to curb…

Due date of filing your Income Tax return is just three weeks away. Having a PAN does not mandate filing…

There are a few transactions where obtaining an Income-Tax Clearance Certificate is currently required under the Income-Tax Act.

Income Tax return filing gives a legal sanction to your income and filing it before the due date saves you…

It is mandatory for an individual, HUF and firm to file income tax return using the Digital Signature Certificate. Here’s…

The last date to Income Tax Return filing is just 26 days away. Collect all the necessary documents and file…

Income Tax rules require the legal representative to pay tax and file ITR in case property is inherited from the…

While Filing our ITR, we tend to ignore the details captured in Form 26AS. It contains details about the tax…

Residential status of a taxpayer as per the Income-Tax Act can be different from his citizenship. Total income of a…

Assessees using the e-filing mode have the option to file their return with or without using a digital signature or…

Are you a salaried person and get daily allowances from your company while on official tour either in India or…

ITR filing is mandatory if your gross total income exceeds the basic exemption limit. Having a PAN does not necessitate…

If you are self-employed and are planning to file return of income, you should learn the income-tax provisions which will…