If an individual makes high-value cash transactions, there is a strong possibility that he/she might get a notice from Income Tax Department. The different cash-related transactions include banks, mutual fund houses,...
The last date to save tax for the financial year 2021-22 is March 31, 2022. With a little more than three months...
New Delhi: As the Income Tax Return (ITR) filing last date on December 31 is approaching, it’s time for taxpayers to do the needful. For...
Taxpayers should remain alert about six categories of high value transactions, especially those done in cash, as the Income Tax Department has...
Chennai: The Income Tax officials have unearthed suppression of sales to the tune of Rs 1000 crore and unaccounted cash purchases of nearly...
More than three crore Income Tax Returns have now been filed on the new e-filing portal of the Income Tax Department as...
While filing the ITR it is necessary to quote your Aadhar number, under section 139AA(1)(ii), unless specially exempted from doing so. New...
The IT department issued a reminder call to various employers to remind their employees regarding filing of ITR for AY 2021-2022 (FY...
The deadline to file Income Tax Return (ITR) for Assessment Year 2021-22 (AY22) is December 31 Have you filed your income tax...
This year’s income tax return will be filed for the Assessment Year 2021-22 or FY 2020-21. The ITR this year is applicable...