Income Tax
Sections 269SS and 269T restrict accepting and repaying loans or deposits of Rs 20,000 or more in cash. Know the rules and penalties.
Income Tax
Claim up to Rs 1 lakh under Section 80D for health insurance premiums and medical expenses — know the limits and eligibility.
Income Tax
Section 44ADA lets eligible resident professionals declare 50% deemed profit — saving on books and audit if conditions are met.
Income Tax
Section 54 exemption on sale of residential house: capital gains tax relief, Rs 10 crore cap, CGAS rules, timelines and conditions explained.
Income Tax
Buyer guide to TDS under Section 194-IA: 1% deduction when sale value is Rs 50 lakh or more, Form 26QB filing and penalties.