Failure to file an Income Tax Return (ITR) within the prescribed deadlines can lead to significant legal and financial repercussions....

When a taxpayer earns a long-term capital gain from the sale of any capital asset, investing in a residential house within a specified...

What is Advance Tax? Advance tax is the income tax that must be paid in installments instead of a lump sum at the end of the financial...

The Union Budget 2025 has introduced significant changes to India’s personal income tax structure, leading to the crucial question:...