Caught Description Error as Null error in ITR filing Caught Description Error as Null error in itr filing Errors in ITR filing typically fall into two categories: technical validation errors that occur during the filing process and defective return notices issued after submission. ## Common Validation Errors (Before Filing) These errors prevent you from successfully… Read More »
Documents required for ITR Filing AY 2026-27 Documents required for ITR Filing AY 2026-27 Before you start filing your ITR for the Assessment Year (AY) 2026-27 (Financial Year 2025-26), gather the following documents to ensure a smooth and accurate process. Video Explanation of Documetns required for ITR filing Core Identity & Tax Documents PAN and… Read More »
Video NEW INCOME TAX NOTICE u/s 142(1) , REFUND लेके फंसा टैक्सपेयर ! ITR PROCESSING LATEST UPDATE
1 अप्रैल 2025 से कौन से Gift मिलने पर इनकम टैक्स देना होगा ! NEW INCOME TAX RULES 2025 New Income Tax Rules 2025 Gift Tax Income Tax Gifts from Relatives Tax-Free Gifts Financial Planning Tax Compliance April 1, 2025 Tax Changes Indian Tax Laws Income Tax Return (ITR) income tax on gift received from… Read More »
NEW INCOME TAX NOTICES 2025 ! File your Updated Return for A.Y.2022-23 ! ITR U NOTICES AND PENALTY File your Updated Return for A.Y.2022-23 These notices, specifically regarding filing ITR-U (Updated Income Tax Return) for Assessment Year (A.Y.) 2022-23 and the statement that “there is no valid ITR existing for your PAN,” are issued by… Read More »
NEW INCOME TAX CALCULATOR AY 2025 26 LAUNCHED FREE TAX CALCULATIONS NEW AND OLD REGIME
List of Deductions Allowed in New Tax Regime in Section 115BAC of Income Tax Act There are certain Deductions Allowed in New Tax Regime in FY 2024-25 (AY 2025-26) and FY 2025-26 (AY 2026-27) Refer Also List of Deductions Allowed in New Tax Regime in AY 2026-27 Comparison of exemption/deductions available under the old tax… Read More »
Senior Citizens ITR filing not Mandatory in 2025 | Senior Citizens Tax Benefits Senior Citizens ITR filing not Mandatory in 2025 but there are certain conditions for this Senior Citizens Tax Benefit. Did you know that filing your Income Tax Return (ITR) might not be mandatory for you? This video breaks down Section 194P of… Read More »
NEW INCOME TAX BENEFITS TO SENIOR CITIZENS in BUDGET 2025 FROM FY 2025-26/ AY 2026-27
No Unexplained Cash Addition Under Section 69A When Income Declared Under Presumptive Taxation : ITAT Summary : The ITAT Mumbai held that when an assessee declares income under the presumptive taxation scheme, Section 69A cannot be used to treat cash deposits as unexplained income, especially when there is no evidence of income from any other… Read More »