News

There is great news for all taxpayers! The Central Board of Direct Taxes (CBDT) has extended the due date for filing ITR for the financial year 2024-25.

CBDT Extends Due Date for Filing ITR for FY 2024-25

Articles

If the house property is gifted to a son or daughter, the rental income earned on it is taxable in their hands as they become the legal owners.

House Property Received as Gift is Subject to Taxation: Here is Why

The Income Tax Department busts social media rumours no further extension, taxpayers must file ITR by September 15, 2025.

ITR Deadline Not Extended: Income Tax Dept Busts Fake News

Income Tax Department on September 14 clarified that there will be no extension to the income tax filing deadline and the date will remain unchanged, September 15, 2025.

Income Tax Due Date Extension to Come Anytime Soon?

Taxpayers must pay 45% of their total tax liability as the second instalment of advance tax by September 15, 2025, to avoid penalties and interest.

Advance Tax Deadline 15 Sept 2025: Avoid Interest Charges Under Sections 234B and 234C

Section 54B of the Income Tax Act, 1961 allows you to claim full exemption on capital gains if you sell agricultural land and use the money to buy other agricultural land.

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CBDT Extends Due Date for Filing ITR for FY 2024-25

House Property Received as Gift is Subject to Taxation: Here is Why

ITR Deadline Not Extended: Income Tax Dept Busts Fake News

Income Tax Due Date Extension to Come Anytime Soon?

Advance Tax Deadline 15 Sept 2025: Avoid Interest Charges Under Sections 234B and 234C

Section 54B Benefits for Individuals and HUFs: Tax Exemptions on Agricultural Land Transactions