Tag Archives: income tax department

Senior Citizens ITR filing not Mandatory in 2025 | Senior Citizens Tax Benefits |

By | February 17, 2025

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 Cash Transaction Limits Under the Income Tax Act 2025

By | February 16, 2025

Cash Transaction Limits Under the Income Tax Bill 2025 The Income Tax Bill 2025 introduces significant changes to cash transaction limits in India. This video provides a comprehensive overview of the new rules, covering: Restrictions on cash receipts (₹2 lakh limit) Limits on cash expenses for businesses (₹10,000/₹35,000) Rules for accepting and repaying loans in… Read More »

How to File Income Tax Returns in India : A Step-by-Step Guide

By | January 11, 2025

How to File Income Tax Returns in India 1. Determine the Appropriate ITR Form: Understand your income sources: Salary, business income, capital gains, rental income, etc. Select the correct ITR form: ITR-1 (Sahaj): For individuals with income from salary, pension, and other sources (with certain limits). ITR-2: For individuals and Hindu Undivided Families (HUFs) not… Read More »

NEW INCOME TAX NOTICES TO ITR FILER u/s 133(6) Income Tax I AY 2023-24 I CA SATBIR SINGH

By | April 15, 2024

NEW INCOME TAX NOTICES TO ITR FILER u/s 133(6) Income Tax I AY 2023-24 I CA SATBIR SINGH income tax notice,income tax,income tax notice reply,income tax notice kab aata hai,income tax notice u/s 133(6),income tax notice 133(6),income tax notice for high value transaction,income tax return,how to reply income tax notice 133(6),income tax department,section 133(6) income… Read More »