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National Savings Certificates (NSC) interest declaration: What income tax rule says while ITR filing — explained

ITR filing: As per Section 145 of the Income Tax Act, all the taxpayers having any taxable income under the head “Profits and Gains of Business & Profession” and “Income from other sources” have option to offer the same either on accrual basis or on receipt basis ....

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ITR filing: Is income tax rebate possible on home loan repayment from residential property sale proceeds?

ITR filing: Income tax exemption from long term capital gains is not available in respect of repayment of a home loan ....

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