HOW TO CLAIM DEDUCTIONS ON HOME LOANS IN INDIA
Posted on 04 Apr 2025, 11:22 PM
This blog explains how home loan borrowers in India can claim income tax deductions under Sections 24(b), 80C, and 80EEA. It covers the documents needed, step-by-step filing process, expert tips to maximize savings, and common mistakes to avoid. Whether you're a first-time buyer or a co-borrower, this guide—powered by the expertise of S Shekhar & Co.—helps you save up to ₹5 lakh annually through smart tax planning and accurate filing.
Introduction: How Home Loan Deductions Help You Save Big on Taxes Did you know you can save up to ₹... Read More
COMMON TAX FILING MISTAKES TO AVOID
Posted on 03 Apr 2025, 11:08 PM
Filing your income tax return accurately is crucial to avoid penalties, delays, and audits. This guide highlights common tax filing mistakes—from incorrect personal details to missing deductions—and provides expert tips on efile, using a tax calculator, and staying updated with tax laws. Learn how to file income tax returns error-free and maximize your benefits. Get professional assistance from SSCO India (S Shekhar & Co.) for seamless income tax e-filing today!
Introduction Tax season can be a stressful time for many individuals and businesses. The process of... Read More
TOP TAX SAVING INVESTMENT OPTIONS INDIA
Posted on 02 Apr 2025, 09:46 PM
Looking for the best tax-saving investment options in India? This guide explores top investments like PPF, ELSS, NPS, FD, SSY, and more, helping you maximize deductions under Section 80C, 80D, and 80CCD. Learn how to compare risk vs. returns, avoid common tax-saving mistakes, and choose the right investment based on your financial goals. SSCOIndia offers expert guidance for hassle-free tax planning and investment optimization. Start saving taxes smartly today!
Introduction The Importance of Tax-Saving Investments Tax-saving investments play a crucial role i... Read More
HOW TO SAVE TAX UNDER SECTION 80C
Posted on 01 Apr 2025, 11:04 PM
Section 80C of the Income Tax Act allows individuals to reduce taxable income by up to ₹1.5 lakh annually through tax-saving investments. This blog explores the best 80C investment options, including PPF, EPF, NSC, ELSS, tax-saving FDs, life insurance, and home loan principal repayment. Learn about education-related deductions, compare tax-saving instruments, and avoid common mistakes while claiming deductions. SSCOIndia provides expert tax planning assistance to help you maximize savings and ensure compliance.
How to Save Tax Under Section 80C: Best Investment Options for Maximum Deductions Importance of Tax... Read More
GST PENALTIES & HOW TO AVOID THEM
Posted on 31 Mar 2025, 10:37 PM
This blog explains the different GST penalties in India, including late filing, wrongful ITC claims, and non-registration. It provides tips to avoid penalties and stay compliant, with expert guidance from SSCOIndia for hassle-free GST management.
Importance of GST Compliance Goods and Services Tax (GST) is one of the most crucial tax reforms in... Read More
HOW TO FILE GST RETURNS FOR SMALL BUSINESSES
Posted on 31 Mar 2025, 10:08 PM
Filing GST returns is essential for small businesses to stay compliant and avoid penalties. This guide covers GST types (CGST, SGST, IGST, UTGST), required documents, common mistakes, tax-saving tips, and step-by-step GST return filing process. Learn how SSCOIndia simplifies GST filing with expert consultation and compliance support.
Introduction: A Complete Guide to GST Return Filing for Small Businesses Goods and Services Tax (GS... Read More
BEST TAX SAVING TIPS FOR 2025 MAXIMIZE YOUR SAVINGS WITH SMART TAX PLANNING
Posted on 30 Mar 2025, 10:14 AM
Saving taxes legally is an essential part of financial planning. In this blog, we explore the best tax-saving strategies for 2025, including deductions under Sections 80C, 80D, 80E, 80G, home loan tax benefits, HRA exemptions, and investment options like NPS and capital gains bonds. Whether you're a salaried employee, freelancer, or business owner, these tax-saving tips will help you maximize your savings and reduce tax liability. Need expert assistance? SSCOIndia is here to simplify tax planning and filing for you!
Introduction: Why Tax Planning is Essential for 2025 Tax planning is a crucial part of financial ma... Read More
STEP BY STEP GUIDE TO FILE ITR ONLINE IN 2025 & MAXIMIZE TAX SAVINGS
Posted on 29 Mar 2025, 08:37 PM
Filing your Income Tax Return (ITR) on time is crucial to avoid penalties and maximize your tax benefits. Whether you are a salaried employee, business owner, or freelancer, understanding the right ITR form, tax deductions, and e-filing process can help you save money and ensure a hassle-free tax filing experience. In this guide, we’ll walk you through the complete process of filing ITR online, highlight common mistakes to avoid, and explain how SSCOIndia can assist you with expert tax consultation for accurate and timely filing.
Introduction: Why Filing ITR is Important in 2025? Importance of Filing ITR Filing an Income Tax R... Read More
DIRECT TAX IN INDIA TYPES, COMPLIANCE, AND FUTURE TRENDS 2025 GUIDE
Posted on 16 Mar 2025, 04:39 PM
This comprehensive guide explores direct taxation in India, covering its importance, types (Income Tax, Corporate Tax, Capital Gains Tax, etc.), compliance requirements, and upcoming changes in GST & tax laws for 2025. Learn how the direct tax system works, key deadlines, penalties for non-compliance, and expert insights to stay compliant. SSCO India & S Shekhar & Co provide professional tax consulting to help individuals and businesses optimize their tax strategies
Introduction to Direct Tax Taxation is the backbone of any economy, ensuring the government has the... Read More
UNDERSTANDING THE EXTENDED TIMEFRAME FOR UPDATED ITR FILING IN THE INCOME TAX BILL, 2025
Posted on 07 Mar 2025, 10:34 PM
Filing an Income Tax Return (ITR) is a fundamental responsibility of every taxpayer, ensuring compliance with tax laws and maintaining financial transparency. An ITR is a formal declaration of an individual’s or business's income, deductions, and tax liabilities submitted to the government within a prescribed time. Filing accurate and timely tax returns not only prevents legal penalties but also plays a crucial role in obtaining financial benefits such as loan approvals, visa applications, and seamless investment transactions.
Introduction: Understanding the Extended Timeframe for Updated ITR Filing in the Income Tax Bill, 20... Read More