Author name: catirumalesh@gmail.com

House Rent Allowance is one of the few genuinely large tax breaks left for salaried people — but only if […]

Every savings account, fixed deposit and recurring deposit you hold earns interest that the Income-tax Act treats as fully taxable

The bottom line first: the Rs. 75,000 standard deduction in the new tax regime is a flat, no-questions-asked subtraction from

Here is the short version, because it is the question that lands in every salaried person’s inbox in January: your

A notice under Section 148A is the income-tax department knocking before it enters. It is not a reassessment — it

A notice under Section 142(1) of the Income-tax Act, 1961 is not, by itself, a sign that you have done

You filed your return, breathed a sigh of relief — and then an email arrives saying your return is defective

Found an old interest certificate, a missed capital gain, or a freelance payment you never showed? You do not have

A Section 143(1) intimation is not a scrutiny notice and it is not an accusation. It is the automated summary

Here is the bottom line before we go any further: for FY 2025-26 (AY 2026-27) you cannot use the Section