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Here's a Step-by-Step Guide to Filing ITR-2

July 7, 2023

The ITR-2 form is typically applicable for individuals and Hindu Undivided Families (HUFs) who have income from various sources, excluding business or profession

Processing Centre Hindu Undivided Families Gather Essential Documents Correct Assessment Year Validating Bank Select Income Details

Source: businesstoday.in

How to calculate deemed rental income from vacant house properties

July 4, 2023

If someone has more than two house properties and the additional properties are vacant, then the provisions of deemed rental will apply on those additional vacant properties. Read on to find out how this deemed rent is calculated and what are the things you should know.

Neeraj Agarwala Suresh Surana Sujit Bangar Aashish Sharma Ravi Rajan Company Business Advisory Company

Source: indiatimes.com

house: How is income from self-occupied house property calculated?

June 29, 2023

According to the Income Tax Act, 1961 a homeowner can show in his/her income tax return (ITR) up to two houses as self-occupied. Read below to find out how is income from self-occupied house properties calculated.

Ruchika Bhagat Abhishek Soni Aashish Sharma Neeraj Bhagat Ravi Rajan Company Archit Gupta

Source: indiatimes.com

Income Tax Return: When to file ITR if Form 16, 26AS & AIS do not reconcile?

June 20, 2023

It is advisable to file your ITR after all the TDS details have been accurately reported by the deductor and updated in Form 26AS

Aashish Sharma Income Tax Return Annual Information Statement Litigation Head Lexn Tax