Darshana and Ganesh (name changed), our recently added income tax clients, took a ₹50 lakh education loan this year to send their daughter abroad for higher education. Mr. Ganesh
There are currently seven different ITR forms: ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. Each taxpayer must file their ITR every year before the due date, which is July
All the residents and ordinary resident of India as per income tax act, HUF, NRIs (specifically those who Returned to India and now resident), Foreign Citizens (OCIs, PIOs, Others)
Last week a client of ours called to understand a few things on taxation, out of them one of the queries was on year-end tax saving declaration & investments.