Income Tax Articles, Tips, Information, Review & Benefits

ITR-U – What is ITR-U Form and How to File ITR-U? ITR U is an income tax form utilized by the assessee to update his/her income tax ret... read more

Section 234F of Income Tax Act Section 234F of the Income Tax Act of 1961 states the penalty for late filing of the income tax return. ... read more

What is Input Tax Credit (ITC)? Input Tax Credit (ITC) is the heart and soul of GST. It is because it protects the interest of the manufa... read more

Income Tax for Business Every business is mandated to file income tax returns levied by the government of India or as defined in the Inc... read more

Profit After Tax Taxes are crucial for every business. It is why, the government of India introduced the concept of Profit After Tax (PA... read more

Profit Before Tax Profit before Tax (PBT) is one of the crucial attributes to measure the financial stability of a firm or company. It i... read more

Form 10A of the Income Tax Act The charitable and religious trusts, educational institutions, and hospitals in India need to obtain cert... read more

Form 10-IC of Income Tax Act From April 2020, a domestic company can opt to pay income tax at a concessional tax rate of 22% p.a. under S... read more

Last ITR Filing Date for Salaried Employees ITR filing or Income Tax Return filing for salaried employees is a mandatory process in India... read more

Section 80CCD (1) and 80CCD (2) Section 80CCD of the Income Tax Act provides valuable tax benefits for contributions made towards the Na... read more