Browsing: income-tax act

If you have sold jewellery after holding for three years, you are entitled to pay long term capital gain (LTCG)…

Deductions available under Section 80C for home loans?A tax benefit is available in respect of repayment of principal amount under…

If you have not received your income tax refund so far, there is good news for you. The Income Tax…

Section 80GG For individuals who haven’t yet purchased a house and incur substantial expenses on rent, there exists a beneficial…

When you sell stocks to cash in on your success in markets, remember you have to pay capital gains…

Tax evasion and tax avoidance are distinct concepts, despite both aiming to minimise tax payments. Tax planning and avoidance employ…

A significant reason many people fail to maximise their tax benefits in India is due to a lack of awareness.…

Section 80GThis is the primary provision for claiming deductions on donations made to designated charitable institutions or funds. The deductible…

I am planning to buy a residential property from a person who is a resident of Australia for ₹75 lakh.…

When employees declare their investments and expenses to employers for tax benefits each financial year, a document called Form…