ITR Filing: When Can Senior Citizens Stop Filing Income Tax Returns?
The last date to file an income tax return (ITR) without a late fee is July 31; all resident Indian citizens with taxable income must file their tax returns.
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The last date to file an income tax return (ITR) without a late fee is July 31; all resident Indian citizens with taxable income must file their tax returns.
Section 24 of the Income-tax Act of 1961 allows taxpayers to claim tax deductions against home loan interest and income from a rental property in a financial year. Learn more.
Both sections 80CCC and 80C of the Income-tax Act, 1961, allow deductions from the annual income, but the aggregate of the deductions cannot exceed Rs 1.5 lakh.
New tax regime has eliminated various deductions under the Income-tax Act. Read on to learn if you can claim standard deductions in FY2022-23
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