Tag:
ITR Filing
Direct Tax
COVID Limitation Relief Applies Even ITR Filing: Madhya Pradesh HC
The Madhya Pradesh High Court has held that the COVID limitation relief applies to all persons irrespective of proceedings.The bench of Justice Vivek Rusia...
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Understanding Income from Salary: Key Highlights on HRA, ITR Filing & Tax Deductions
The Income Tax Department has issued a concise visual guide to help salaried individuals better understand the tax implications of their income. The guide...
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ITR Filing FY 2024-25: Capital Gains from Mutual Funds Taxable Under Both Old and New Regimes—Here’s How
As the window for Income Tax Return (ITR) filing for Assessment Year (AY) 2025-26 opens, taxpayers are reminded that apart from reporting salary income,...
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These Indians Can Skip ITR Filing for AY 2025-26
In a major relief for elderly taxpayers, the Income Tax Department, under Section 194P of the Income Tax Act, 1961, continues to allow resident...