Why Maintaining Detailed Books of Accounts Is Important: Understanding Sections 44AD & 44ADA
By Editor | Published on 2025-09-30 16:43:39The Income Tax Act, 1961, provides Sections 44AD and 44ADA to simplify taxation for small businesses and professionals. These sections allow taxpayers to declare presumptiv...
Read MoreWhat Happens If You File Your ITR After the Due Date But Before 31st December 2025?
By Editor | Published on 2025-09-14 14:50:06Filing your Income Tax Return (ITR) on time is always recommended. However, many taxpayers miss the original due date (generally 31st July 2025 for individuals not requiring audit)...
Read More🧾 ITR-1 (Sahaj) Explained: Eligibility & Format 📅 Updated for Assessment Year 2025–26
By Editor | Published on 2025-06-01 11:49:05ITR-1, also known as Sahaj, is the most commonly used income tax return form in India for salaried individuals. It's simple, convenient, and suitable for taxpa...
Read MoreWho Should File ITR for AY 2025–26?
By Editor | Published on 2025-05-31 21:01:30📌 Introduction
The Income Tax Return (ITR) filing season for Assessment Year (AY) 2025-26 is here, and taxpayers across India are gearing up to comply with their tax obligations. How...
Read MoreTypes of ITR Forms Explained (ITR-1 to ITR-7)
By Editor | Published on 2025-05-31 20:58:06📌 Introduction
Filing an Income Tax Return (ITR) is mandatory for taxpayers in India whose income exceeds the exemption limit. However, choosing the correct ITR form is crucial becau...
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