Section 194R Of Income Tax Act: What You Need to Know
Introduced in Budget 2022, Section 194R of Income Tax Act is designed to bring clarity to the complex…
How to Login and Register to Income Tax Portal?
Whether you’re a new user looking for income tax e-filing registration or an existing taxpayer accessing the income…
Section 80RRB: A Comprehensive Guide to Royalty Income Tax Deductions
Royalty from a patent is like a reward for outstanding work. To encourage innovation, the Income Tax Act…
How to Make E-Tax Payment? A Simplified Step-by-Step Guide
Tax payment has now become easier than ever because of the e-Tax payment option that allows all taxpayers…
Project IEC 3.0: Tax Department to Launch Improved ITR Filing Portal
The Income Tax Department plans to revamp its e-filing system by launching Project IEC 3.0. The new system…
8th Pay Commission Update: What Central Government Employees Can Expect
Central government employees are hopeful for the upcoming 8th Pay Commission as they recently received a 3% dearness…
Section 115BAC: A Guide to the New Tax Regime
Since its introduction in the budget 2020, Section 115BAC of the Income Tax Act 1961 has become significantly…
A Simplified Guide to Tax Deductions Under Section 80GGB
Section 80GGB of Income Tax Act, 1961 enables all Indian companies registered under the Companies Act of 2013…
How to Benefit From Section 80CCD (1B) Tax Deductions?
With Section 80CCD(1B), you can claim an extra deduction of up to ₹50,000 for contributions made to the…
Section 194A of Income Tax Act: Your Guide to Understand TDS on Interest Income
Among the various sections under the Income Tax Act, Section 194A is specifically distinct because it focuses on…