Section 44AD: Presumptive Taxation for Small Businesses
Running a small business in India means dealing with income tax every year. But maintaining detailed books of accounts, getting…
Section 54F: Capital Gain Exemption on Property
If you sold shares, gold, land, or any asset other than a house property and made a long-term capital gain,…
Long Term Capital Gains Tax: Rates, Calculation & Exemptions 2026
Held equity shares for over a year and made a profit? Sold a flat you bought five years ago? The…
Short Term Capital Gains Tax: Rates, Calculation and Exemptions 2026
Sold shares within a few months and made a profit? Sold a flat you had bought just last year? The…
Section 10(10D) of Income Tax Act: Life Insurance Tax Exemption Rules
You paid premiums for 20 years, your life insurance policy has finally matured, and you are expecting a tax-free lump…
Section 80EEA: Deduction on Home Loan Interest
If you bought your first home under the affordable housing category and your loan was sanctioned between April 1, 2019…
Self Assessment Tax: Meaning, Calculation and How to Pay
If you are filing your ITR for FY 2025-26 and your tax liability after deducting TDS and advance tax is…
ITR-4 (Sugam) AY 2026-27: Presumptive Scheme Filing Guide
If you run a small business, work as a freelancer, or operate a transport business, the ITR 4 form is…
ITR-3 Form AY 2026-27: For Business & Profession Income
If you run a business, practice as a professional, or are a partner in a firm, ITR-1 and ITR-2 are…
ITR-2 Form AY 2026-27: When to Use It & How to File
If you have capital gains from stocks or mutual funds, income from more than one house property, or foreign income…
