Associate TG
Are Personal Loans Taxable in India? Understanding Income Tax Rules and Deduction Benefits Are Personal Loans Taxable in India? Understanding Income Tax Rules and Deduction Benefits Personal loans are a popular financial tool in India, offering quick access to funds for various purposes such as education, healthcare, home renovation, or business expansion. However, a common … Read more
🚨 GST Refund Filing Process Updated GST Refund Filing Process Updated: Invoice-Based System Now Live for Key Refund Categories (Effective May 8, 2025) In a significant move to simplify and digitize the refund filing experience for taxpayers, the Goods and Services Tax Network (GSTN) has introduced key changes in the process of filing refunds under … Read more
Land Acquisition Not Taxable Under GST Karnataka High Court Rules Solatium in Land Acquisition Not Taxable Under GST In a landmark decision, the Karnataka High Court has ruled that solatium—additional compensation awarded to landowners for the emotional and involuntary loss of land—cannot be subjected to Goods and Services Tax (GST). Land Acquisition Not Taxable Under … Read more
Income Tax Return Filing 2025 Income Tax Return Filing 2025 As the new financial year unfolds, taxpayers across India are gearing up for the Income Tax Return (ITR) filing season for Assessment Year 2025–26, corresponding to Financial Year 2024–25. Income Tax Return Filing 2025 The Income Tax Department has officially notified ITR-1 and ITR-4 forms, … Read more
ITR Filing 2025 Forms ITR-1 to ITR-5 Notified Forms ITR-1 to ITR-5 Notified ITR Filing 2025: Forms ITR-1 to ITR-5 Notified The Income Tax Department has started rolling out the Income Tax Return (ITR) forms for Assessment Year 2025–26 (Financial Year 2024–25). As of now, five forms – ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5 – … Read more
