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Hyderabad is No Longer the Capital of Andhra Pradesh
Hyderabad is no longer the capital of Andhra Pradesh. According to Section 5(1) of the AP Reorganisation Act, 2014, Hyderabad was designated as the common...
ITR Filing Alert: Key Changes to Home Loan Interest Deduction
₹ 2 Lakh Deduction at Risk
Homeowners seeking tax relief under Section 24 of the Income Tax Act face a potential reduction in their benefits....
ITR Filing Alert: Common Mistakes to Avoid to Prevent Tax Notices
ITR Filing for FY 2023-24: Avoid These Mistakes
Filing your income tax return (ITR) for the first time? Be cautious to avoid mistakes that could...
Income Tax Department Announces Criteria for Mandatory Scrutiny of Returns
May 3, 2024 - The Central Board of Direct Taxes (CBDT) has issued new guidelines detailing the criteria for mandatory scrutiny of income tax...
ITR Filing 2024-25: How to Get Tax Relief on Arrears
Receiving arrears can be both a relief and a headache during tax season. While they represent overdue earnings like salary, pension, or rent from...