Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

ITR FY2024: P2P Lending or Peer-to-Peer Lending is one of the upcoming and somewhat most trusted ideas to earn passive income. P2P lending, also known as social lending, is an innovative financial model that has seen considerable growth in recent years. This approach provides individuals with an alternative means of securing funds without the need … Read more

ITR filing: I-T dept introduces 3 utilities for filing ITR form 3 for AY 2024-25. Check details.

ITR filing: I-T dept introduces 3 utilities for filing ITR form 3 for AY 2024-25. Check details.

Income Tax filing 2024: The Income Tax Department has released offline, online, and Excel utilities for ITR-3 for taxpayers for FY 2023-24 (AY 2024-25). To file the returns this year, individuals who need to file ITR-3 can now use one of utilities — offline (Java), online or Excel-based.  The three utilities are now available for … Read more

Salary to dividends to investment interest: What are the different types of taxable income in India?

Salary to dividends to investment interest: What are the different types of taxable income in India?

Income Tax Returns: Taxable income can be defined as any income you earn during the tax year. Under this, all components of income are included starting from monthly salary, dividends from stocks, other investment income, pensions, capital gains, rental income, business income, hobby income and others. Based on the total income earned by a person … Read more