Income Tax Return (ITR) Filling on time is not just a legal requirement but also a financial…
The world of taxation in India witnessed a major shake-up in July 2024 when the Finance Bill…
Just as September ushered in the festive spirit, the GST Council’s 56th meeting (September 3–4, 2025) delivered…
🔹 1. Section 24(a) – Standard Deduction Case Laws: CIT v. J.K. Investors (2001) – Deduction…
Section 24(b) provides a deduction on the interest paid on a home loan (housing loan) when computing…
On 21st August 2025, the Income-tax Act, 2025 received the Hon’ble President’s assent, officially replacing the Income-tax…