Income Tax
ITR filing, deductions, TDS credits, regimes, notices and refunds — everything on personal and business income tax in India.
Income Tax articles
605 articlesSection 80C — the ₹1.5 lakh deduction basket: limits, eligibility and how to claim
Section 80C is the most widely used deduction in the Income-tax Act. It lets an individual or HUF reduce taxable income by up to ₹1,50,000 a year by investing in, or spending on, a defined list of instruments. Here is the deduction limit, who qualifies, the proof to keep and how to claim Section 80C in your income tax return.
Income Tax Return (ITR) Due Dates and Late Fees
Know the ITR due dates for individuals, audit and non-audit cases, and the late fee under Section 234F for filing after the deadline.
Section 80D — health insurance premium deduction: limits, eligibility and how to claim
Section 80D lets you deduct premiums paid for health insurance for yourself, your family and your parents, plus a small allowance for preventive health check-ups. Here is the deduction limit, who qualifies, the proof to keep and how to claim Section 80D in your income tax return.
Section 24(b) — home loan interest deduction: limits, eligibility and how to claim
Section 24(b) allows a deduction for interest paid on a housing loan. For a self-occupied property the cap is ₹2,00,000 a year; for a let-out property the entire interest can be set off (subject to the ₹2 lakh house-property loss set-off cap). Here is the deduction limit, who qualifies, the proof to keep and how to claim Section 24(b) in your income tax return.
How to File Income Tax Return (ITR) online: step-by-step guide
A complete guide to filing your income tax return online — choosing the ITR form and regime, gathering Form 16/26AS/AIS, e-filing and e-verification.
New vs Old Tax Regime: which should you choose?
The new tax regime offers lower slab rates but fewer deductions; the old regime rewards those who invest and claim deductions. Compare both and decide which saves you more.
Presumptive Taxation under 44AD, 44ADA and 44AE
Presumptive taxation lets small businesses and professionals declare income at a fixed percentage without maintaining detailed books. Learn the rates, eligibility and limits.
Capital Gains Tax in India: short-term vs long-term
Capital gains arise when you sell assets like shares, mutual funds or property. Learn the difference between short-term and long-term gains, holding periods and indexation.
Income Tax Notices: types and how to respond
The tax department issues notices under sections like 143(1), 139(9), 142(1) and 148. Learn what each means and how to respond on the e-filing portal.
Income Tax Return (ITR) Filing in New Delhi
File your income tax return in New Delhi — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Visakhapatnam
File your income tax return in Visakhapatnam — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Moradabad
File your income tax return in Moradabad — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Tiruvannamalai
File your income tax return in Tiruvannamalai — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Pali
File your income tax return in Pali — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Hoshiarpur
File your income tax return in Hoshiarpur — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
Income Tax Return (ITR) Filing in Dhubri
File your income tax return in Dhubri — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.
NPS (National Pension System): meaning, full form and uses
NPS is a voluntary, long-term retirement savings scheme regulated by the PFRDA. Contributions are eligible for tax deductions under Sections 80CCD(1), 80CCD(1B) and 80CCD(2).
Income Tax Return (ITR) Filing in Madhya Pradesh
File your income tax return in Madhya Pradesh — which ITR form applies, documents like Form 16 and 26AS, the new vs old regime, and how to e-file and verify.