Due Date of ITR AY 2025-26 Extended- Good News for Taxfilers
CBDT has decided to extend the due date of filing of ITRs for FY 2024-25 (AY 2025-26), which are due for filing by 31st July 2025, to 15th September 2....
Treatment of Loss of animals under PGBP
Treatment of Loss of animals under PGBP In case any animals are used for the purposes of the business or profession, their cost can be claimed as d....
Deduction for Family Planning Expenditure for Business or Profession- Section 32 of Income Tax Bill, 2025
Deduction for Family Planning expenditure for Business or Profession- Section 32 of Income Tax Bill, 2025 Clause (i) of Section 32(1) of....
Treatment of Gain or loss on Forward Contracts under Income Tax Act
Treatment of Gain or loss on Forward Contracts under Income Tax Act Treatment of gain or loss on forward contracts may significantly differ in the....