Category: Tax Planning

Penalty For Late Filing of ITR For AY 2025-26: You Should Check Submitting your Income Tax Return (ITR) on time is more than just a tax compliance. It protects taxpayers from penalties and interest charges. It prevents the loss of tax benefits. It can also avoid …

New Short Term Capital Gain Tax on Shares​/Mutual Funds FY 2025-26 Selling your shares or mutual funds within a year can lead to a tax surprise. Many investors, especially newcomers, are caught off guard by the short-term capital gains tax. You are not alone in this …

Which ITR Form to File for Salaried Person: Still Confused? Find Your Answer Here Filing your Income Tax Return (ITR) accurately is crucial for compliance with Indian tax regulations. Salaried individuals often ask about the appropriate ITR form during tax season. This confusion often arises between …

Section 24 of Income Tax Act 1961-The Deciding Factor Between Old Vs New Tax Regime. Section 24 of the IT Act 1961 is related to income from house property and tax benefit on home loan. This Act is a combination of two sections i.e. Section 24(a) …

Salaried Employees Income Tax Notice: How to Resolve Tax Demands Types of Income Tax Notice to Salaried Employees How to Solve Income Tax Demand Notice

How to Save Income Tax in India: Complete Guide for Taxpayers Paying income tax is a national responsibility. There are several legal and effective ways to reduce your income tax liability in India. Whether you’re a salaried employee, a freelancer, or a landlord, use deductions, exemptions, …