Income tax act

Renewal of 12A and 80G Registration

Renewal of 12A and 80G Registration Introduction In India, charitable and not-for-profit organizations such as trusts, societies, and NGOs can…

22 hours ago

80G Donation Limit for Salaried Person

80G donation limit for salaried person Introduction When it comes to saving tax, charitable donations can be a powerful tool.…

23 hours ago

Section 80GG deduction under Income tax act

Section 80GG deduction under Income tax act Introduction In India, the cost of living, especially rent, can be a significant…

23 hours ago

Interpreting Income Tax Notices: Authentication and Reply

Documents required to reply the IT Notices   Introduction The Income Tax Notice alerts taxpayers to problems with their tax…

1 year ago

TDS on Prize, Betting, Lottery Wining

Section 194B of Income Tax Act, 1961: Prize, Betting, Lottery Winning Tax Introduction In the present day, there is a…

1 year ago

Incomes fall under the head of Income from other sources

What incomes fall under the head of Income From Other Sources? Introduction The Income Tax Act, 1961 is the most…

2 years ago

10 Tax Planning Tips for Self-Employed Professionals

10 Things to Know about Tax Planning for Self-Employed Professionals Introduction Tax planning is a crucial aspect of managing finances…

2 years ago

Reply to a Demand Notice Under Section 156 of the Income Tax Act

How to reply to a Demand Notice Under Section 156 of the Income Tax Act? Introduction Receiving a demand notice…

2 years ago

All about a Taxpayer’s Rights while Filing an Appeal to the Commissioner

Appeal to Commissioner Under Income Tax and Taxpayer Rights Introduction The income tax system is a critical aspect of any…

2 years ago