Due Date of Filing of ITR for FY 2024-25 Introduction Whether you are a salaried employee, business owner, freelancer, or part of a Limited Liability Partnership (LLP), knowing the due date of filing of ITR for FY 2024-25 is […]
How to calculate the 80G limit? Introduction Understanding how to calculate the 80G limit is crucial for taxpayers who donate to charitable organizations and want to claim tax benefits. Section 80G of the Income Tax Act provides deductions on donations, […]
7 Mandatory Disclosures in ITR-1 & ITR-4 for AY 2025–26 (Old Regime)
Eligibility For Donation Under Section 80G of Income Tax Act Introduction Donations under Section 80G of the Income Tax Act allow individuals and organizations to claim tax deductions on contributions made to NGOs or charitable trusts. This means that donors […]
Deduction Limit For Individual Under Section 80G of Income Tax Act Introduction Donating to a good not only brings satisfaction but also helps in saving taxes. Under Section 80G of the Income Tax Act, individuals can claim deductions on donations […]
Understanding Donation Tax Deductions under Section 80G of the Income Tax Act Introduction Tax season can feel overwhelming, but it also brings an opportunity to boost your financial benefits. Leveraging donation tax deductions is a great way to enhance your […]
Income Tax Return (ITR )Compliance Calendar FY 2025 26 Filing your Income Tax Return (ITR) on time is essential to avoid penalties and ensure smooth tax compliance. Understanding the Monthly ITR Filing Deadline for different categories of taxpayers can help […]
Compliance Calendar for the Month of February, 2025 As we begin with February 2025, following the rules and regulations for businesses in India is crucial. Businesses must focus on meeting their legal responsibilities throughout the financial year, no matter their […]
Compliance Calendar for the month of December 2024 As we approach the final month of 2024, businesses and individuals need to stay on top of various important compliance deadlines related to taxes, returns, and contributions. Here’s a detailed guide for […]
