One’s income is split into 5 classes — income from Salary, income from home property, income from business revenue, income from investments/capital...
According to Section 80D of the Income Tax Act, senior citizens may avail a deduction of up to Rs 50,000 for payment...
According to the 50-30-20 rule, 50% of your income should be spent on necessities, 30% on discretionary purchases/personal spending and 20% as...
The Central Board of Direct Taxes issued Income tax and corporate tax refunds of Rs 13,694 crore in 20,12,802 cases & Rs. 32,203 crore cases, respectively. The Central Board...
As per the information provided by the Income Tax Department, section 17 of the Income-Tax Act defines the term ‘salary’. Generally whatever...
The deadline for filing the equalisation levy statement in Form-1 for the Financial Year 2020-21 has been extended till August 31, from...
आयकर कानून (Income Tax Act) के सेक्शन 234F के अनुसार, डेडलाइन गुजरने के बाद फाइल किए जाने वाले विलंबित रिटर्न (Late Return...
Income Tax Deductions: वित्त वर्ष 2020-21 के लिए इनकम टैक्स रिटर्न दाखिल करने की अंतिम तारीख 30 सितंबर, 2021 तक बढ़ा दी गई...
ट्राईसिटी में अभी तक 20 फीसदी लोग भी अपनी इनकम टैक्स रिटर्न नहीं भर पाए हैं। कारण, इनकम टैक्स डिपार्टमेंट की नई...
The Income Tax India tweeted: “CBDT issues refunds of over Rs 43,991 crore to more than 21.03 lakh taxpayers between 1st April...