
For claiming deduction for pre-construction interest, the construction should be completed within 5 years from taking the loan
Rishabh Jain, founder of Labour Law Advisor YouTube channel, shares insights on how we can overcome the fear of tax.

The government must extend the deadline for submission of IT returns in view of the numerous technical glitches in the improved IT portal.

Infosys CEO Salil Parekh told Nirmala Sitharaman that 750 team members are working on the tax portal

Income Tax Portal: On August 22, the portal again underwent maintenance after which the finance minister summoned the Infosys leadership on August 23.

The new income tax e-filing portal "www.incometax.gov.in' had a bumpy start from the day of its launch, as it continued to face tech glitches

17 out of 18 CCITs except Guwahati have collected more than Rs 1,000 crore during this period.

An Indian taxpayer is allowed to claim the credit for the amount of any foreign tax paid by him/her in a country or specified territory outside India

With a view to bring relief to the small taxpayers for maintenance of books of accounts and audit, the Centre had introduced presumptive taxation

All India tax collection in April-July 2021 crossed Rs 3 lakh crore which marks almost 98% year-on-year growth