Mandatory Audit Requirements: Section 44AB Changes for FY 24-25
The threshold limits for tax audits under Section 44AB have been revised. This article details the new turnover limits and filing deadlines for business entities...
New Rules for Long-Term Capital Gains Tax on Equity Investments
A deep dive into the updated provisions regarding LTCG tax, indexation benefits, and reporting requirements in the new ITR forms, ensuring you minimize your tax...
Urgent Deadline Reminder: Linking PAN with Aadhaar to Avoid Deactivation
The Income Tax Department has issued a final notification regarding the PAN-Aadhaar linking deadline. Understand the financial implications and steps for compliance...
How Section 80C Deductions Have Changed Post-Budget 2024
We analyze the subtle yet significant shifts in the allowable deductions under Section 80C, focusing on EPF, PPF, life insurance, and specific tax-saving investments for the current year...
Guide to Using the New ITR Forms (ITR-1 to ITR-4) for Assessment Year 2025-26
Detailed instructions and FAQs on navigating the recently modified Income Tax Return forms. Avoid common mistakes and ensure accurate reporting this filing season...
Responding to Income Tax Scrutiny Notices: A Step-by-Step Guide
What to do if you receive a notice under Section 143(2). This guide covers document preparation, timeline management, and representation tips for successful notice resolution...
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