Income tax act

ITR Filing Update: Here’s How To Claim Deductions Under Section 80C – News18

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[ad_1] Section 80C of the Income Tax Act permits you to lessen your taxable income and hence your tax burden. The deadline for reporting your ITR for the fiscal year 2022-23 or assessment year 2023-24 is July 31, 2023. Every year at this time, people and businesses are notified of the legal requirement to submit … Read more

Are You Aware Of The Income Tax Act That Restricts Cash In Home?

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[ad_1] Income tax personnel will seize the unaccounted money and the fine can be up to 137% of the total money. According to the Income Tax act, there is no bar on the amount of money stored in the house. In India, with the advent of digital transactions, citizens are adapting to the new normal. … Read more