Tag Archives: Income Tax Act
Understanding tax implications on Diwali
Gifts from close family members, including the spouse, parents, siblings, children, and in-laws, are tax-free.
Understanding tax relief on arrears
Arrears can include salary, pension, rent, or other types of income that were delayed.
Things to know about Advance
Anyone whose estimated tax liability for the year is ₹10,000 or more is obligated to pay their taxes in advance.
Types of notices under the
Notice under Section 156 is also known as a notice of demand.
Opinion Polls
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