ITR
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355Belated, revised and updated ITRs: Know the difference and how to file them
The deadline to file income–tax return (ITR) for FY2021-22 (AY2022-23) has passed, but you can still file tax return in some cases....
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2.1KIncome Tax on rent: Key things tenants and home owners should keep in mind
If you are thinking of investing in real estate, there are some things you need to know. One of them is taxation....
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523Did not file ITR by due date or made errors in tax return? Here’s what to do
Under relevant sections of the Income Tax Act, an individual can submit ‘belated,’ ‘revised,’ ‘updated’ and ‘defective’ returns. Under the Income Tax...
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764Direct tax collection jumps 24 pc in first half of FY23
Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that...
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767Tax Audit Due Date Extension for AY2022-23 Latest Update: CBDT extends last day till October 7 after glitches in income tax portal
It took taxpayers thousands of tweets and numerous complaints with screenshots on Twitter to get an extension of seven days for filing...
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394
From ITR to Form 16, AIS and 26AS, know ABC of Income Tax
Around six crore Indians file their income tax return every year. While some of the taxpayers file it themselves using the e-filing...
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595Tax on Bonds: Know the tax implications when a convertible bond is converted into shares
Bonds are generally interest bearing instruments with some exceptions like zero coupon bond, where no interest is given, but bonds are issued...
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484
Yet to save tax? Know 80C tax-saving investment options, features and limits to save maximum tax
Tax saving investments are not only meant just to save tax. As such investments are generally long-term in nature, you may use...
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394Looking to invest in bonds? Know tax rules when you buy in primary market and hold till maturity
There are several types of bonds available in India and investors look to invest in such bonds with an intent to have...
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612
Good news for taxpayers! Check how new Income Tax guidelines will benefit you
The Central Board of Direct Taxes (CBDT) has come out with revised guidelines for compounding of some offences under the Income Tax...
