Income tax
What is the Online Tax Accounting System?
Here’s all you need to know about OLTAS, which is the Online Tax Accounting System. OLTAS (Online Tax Accounting System) is a project by …
Refund status of income tax: A guide to checking income tax refund status
If you have claimed a refund from the Income Tax Department, here is how to track the ITR refund status. Taxpayers can claim an …
Section 24 of Income Tax Act: Tax deduction against home loan interest payment
Here is how you can claim deductions on tax liability under income from house property using provisions under Section 24 of the Income Tax …
Income tax: Your complete guide to income tax laws in India
This detailed guide will help you understand the basics of income tax in India what is income tax? Income tax is a direct tax …
PAN card: Your complete guide to its uses and application process
Check out our guide on PAN, an identity card issued to all taxpayers in India. What is a PAN card? A PAN card is …
Income tax e filing: Your complete guide to e filing income tax
This guide will help you understand the process of e filing income tax returns, in a step-wise manner. Income tax e filing has become easy, …
Income tax benefits on house rent
The tax benefits on rent paid differs, depending on whether you are a salaried person who receives HRA from the employer, or if you …
Tax on rental income and applicable deductions
While income tax laws prescribe certain taxes on a person, who receives any rent from a property which he has let out, the taxpayer …
Here’s why you should submit your IT returns (ITR) if you want a home loan
The income tax documents that you submit to the bank, for obtaining a home loan, have a very important bearing on your eligibility. We …