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Income Tax Return

Articles about income tax return, in plain English.

Income Tax Return

Income crossed fifty lakh? Your tax return wants a list of what you own

A good income year comes with one extra piece of homework in your tax return. It is called Schedule AL, and one simple mistake trips up almost everyone.

Income Tax Return

India has a new Income Tax Act. What changes for property owners?

From 1 April 2026, India runs on a new income tax law. The old 1961 Act, after six decades of patches, has been replaced. Here is the calm version of what it means if you own property.