Category: Seven Star

Clipped from: https://www.taxscan.in/income-tax-return-filing-complete-itr-form-checklist-for-ay/514406/?utm_source=signinbutton&utm_medium=txn&utm_campaign=checkoutsigninbtn For individual taxpayers with basic income sources, ITR Form 1 (Sahaj) is a one-page income tax return form. To make tax filing easier

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-form-simplified-for-ay-2025-26-taxpayers-with-business-income-capital-gains-split-must-note-new-rules-474550-2025-05-02 A key update in the ITR-3 form is a new schedule for reporting capital gains, allowing taxpayers to separately disclose gains accrued before

Clipped from: https://taxguru.in/income-tax/small-businesses-optimize-tax-benefits-income-tax-act-1961.html In India, small businesses form the backbone of the economy, contributing significantly to GDP and employment. However, many small business owners often miss

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-am-62-year-old-and-i-submitted-form-15h-to-my-bank-but-tds-was-still-deducted-on-my-interest-income-what-should-i-do-473260-2025-04-23 Senior citizens are eligible for specific tax benefits, such as the ability to fill out Form 15H to prevent TDS from being deducted

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-filing-2025-26-form-16-gets-an-upgrade-what-salaried-taxpayers-need-to-know-473440-2025-04-24 The new Form 16 includes additional details compared to previous versions, providing taxpayers with a more comprehensive overview of their financial information. Now,

Clipped from: https://www.financialexpress.com/money/income-tax-itr-filing-2025-a-step-by-step-guide-for-senior-citizens-to-file-income-tax-return-3817328/ An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year

Clipped from: https://www.financialexpress.com/money/itr-filing-2025-heres-how-to-use-e-pay-feature-to-clear-income-tax-dues-a-step-by-step-guide-3815863/?ref=money_hp This user-friendly option allows individuals to pay income tax through various methods such as net banking, debit card, over-the-counter payments, NEFT/RTGS, or payment

Clipped from: https://www.business-standard.com/finance/personal-finance/no-i-t-on-new-flat-received-exchange-for-old-under-section-56-2-x-125041700903_1.html The judgment is likely to benefit prospective homeowners who are planning to exchange their old homes for upgraded accommodations in newly developed residential

Clipped from: https://taxguru.in/income-tax/quantifying-escaped-income-mandatory-reason-recording-stage-itat-delhi.html Vijender Nath Gupta Vs ITO (ITAT Delhi) AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume

Clipped from: https://taxguru.in/income-tax/stcg-vs-ltcg-tax-rates-treatment-new-regime-fy-2024-25.html Under the new tax regime for FY24-25, short-term capital gains (STCG) and long-term capital gains (LTCG) on listed equity shares, equity oriented mutual

Clipped from: https://www.financialexpress.com/money/income-tax-returns-ay2025-26-key-documents-required-to-file-itr-3813320/ It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be

Clipped from: https://www.financialexpress.com/money/filing-itr-soon-can-you-still-pick-a-different-tax-regime-3813616/ Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime. As Form 16