List of Tax Saving Tax Planning Articles

This is a common problem when you use the right form but make mistakes in filling up the form or omit important items. However, you don't need to worry as the tax department gives you the option to rectify your error under section 154. The process is quite simple, Just log in to the e-filing portal and under the rectification tab, choose the order/intimation to be rectified and the assessment year.

This comprehensive guide explains everything you need to know about ELSS mutual funds, including tax benefits under 80C, lock-in period, risks, and investor suitability.

One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the e-filing website. Form 26AS is not only an important document but also one of the most authentic records of how much tax has been deposited by your deductor into the government account.

Patta Chitta is a land ownership record kept by the Tamil Nadu government. Learn more about Patta Chitta and its importance in this quick guide by India Infoline.

Taxpayers, facing time constraints, may initially file inaccurate or incomplete income tax returns. To address this, the Income Tax Act’s section 139(5) permits the filing of revised returns, enabling corrections and the inclusion of omitted information for accuracy. But many individuals are clueless about how to file a revised tax return. This blog will help you understand that in detail. What is a Revised Return? […]

Double taxation occurs when the same income gets taxed twice, either in two different countries or under two different tax regimes in the same country. This places an extra and unfair tax burden on taxpayers. However, India’s tax laws provide certain relief measures that you can avail to reduce the impact of double taxation on your finances. This article will discuss what double taxation relief […]

Are you a resident Indian with a gross taxable income exceeding Rs250,00 yearly? Or do you own any movable or non-movable assets in this country? If yes, then you need to file your Income Tax Returns (or ITR) every year.

Saving money by reducing your tax liability requires groundwork. It’s called tax planning.

For the government, taxes are an essential source of revenue. On the other hand, double taxation happens when taxes are levied at different rates on the same income, which greatly raises the tax obligation. This may occur if the income source and the recipient are subject to taxes. However, it is essential to comprehend the idea and forms of double taxation in order to prevent […]

Investing in equity not only helps you diversify your portfolio but also fetches high returns in the long term. Investing in equity also offers various tax exemptions and deductions which you can avail of on your stock market investments.

You may be surprised to learn that there are three ways the government can take taxes out of your money. Tax Deducted at Source (TDS), Advance Tax, and Self-Assessment Tax are some of these techniques. The topic of today’s discussion will be self-assessment tax, which is crucial for submitting your income tax return (ITR). Self Assessment Tax Meaning The remaining tax, after deducting the TDS […]

Navigate tax planning in India with confidence. Learn strategies to save taxes legally, maximize deductions, and stay compliant with the latest laws.

Understand the concept of Angel Tax, its impact on startup funding, and how it influences investments from angel investors. Learn more with India Infoline.

According to the Indian Stamp Act, 1899, the Central Government levies stamp duty on the exchange of instruments, where an instrument is defined as any document by which any right or liability is created, or is purported to be created, transferred, limited, extended, extinguished or recorded.

Discover legal ways to reduce tax liability on investment gains in India. Learn strategies and more in this guide.