Tag Archives: income tax

House Rent Allowance (HRA): Can You Claim HRA on Multiple Properties? Here’s What You Need to Know When it comes to taxation and claiming House Rent Allowance (HRA), there can be a lot of confusion, especially if you have multiple rental properties. In this article, we’ll discuss whether you can ...

Simplifying Income Tax Return: Pay Later Option Explained When filing your Income Tax Return (ITR), the Income Tax Department now offers a new convenience on the e-filing website—an option to pay later. This means an individual can submit their ITR without immediately making the payment of pending taxes. After submitting ...

ITR Filing Errors: The season to file Income Tax Return has arrived! For the assessment year 2023-24 i.e. for the financial year 2022-23, it is mandatory for every salaried person coming in the income tax slab to file an income tax return! You should complete this work before 31 July ...