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: 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 policies. Key deadlines are […]

Compliance Calendar 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 essential financial obligations and […]

Compliance Calendar September 2024 Managing important tasks and deadlines can be tough for businesses, but a compliance calendar makes it easier by organizing important dates. It helps companies stay on track with their tax filings, financial reports, and other regulatory […]

Defective Income Tax Notice: Everything Taxpayers Need to Know Introduction Receiving a defective income tax notice can be concerning, but it does not necessarily mean you have violated tax laws or are liable for penalties. In most cases, such a […]