Choosing the Correct ITR form- ITR 1 or ITR 2
Choosing the Correct ITR form- ITR 1 or ITR 2 Income Tax Department has prescribed seven different forms for filing of inco....
Cases where ITR Filing is Compulsory despite income below exemption limit
According to Income Tax law, filing of income tax return of individuals is dependent on income threshold. Individuals are mandated to file income tax....
Things to be kept in mind while filing ITR for AY 2024-25
Financial Year 2023-24 has come to an end and every taxpayer might be now willing to submit income tax returns to the Income Tax Department for the As....
Education as a charitable purpose under Income Tax Act
“Education and Medical Relief” is one of the limbs of the definition of “Charitable Purpose” as per the Income Tax Act, 1961.....