In case of inoperative PANs, tax demands are being raised as per the provisions of Section 206AA of the Income Tax Act...
Awareness of key dates allows taxpayers to plan effectively and maximise deductions, exemptions, and other tax benefits. India’s tax system includes a...
The income tax department has said that already over five crore taxpayers have already filed their returns so far With the due...
The IT Department has asked income tax return filers to not make bogus claims for expenses, underreport earnings or exaggerate deductions. The...
Income Tax Return: Missing July 31 deadline means you would not be able to file your return later under the old tax...
The clarification is crucial for taxpayers looking to understand how their capital gains will be calculated under the updated rules. The Income...
A revised ITR is free and can be done by taxpayers who filed their returns before or even after the deadline The...
ITR Refunds 2024: Over 5 crore taxpayers have filed their income tax returns (ITRs) for the Assessment Year 2024-25. Over 2.2 crore...
The Budget 2024 proposed to include a reference of the Black Money Act, 2015 to obtain a tax clearance certificate. The Central...
Income tax professionals advise tax filers not to wait for any deadline extension and must file ITR just now; here are some...