ITR
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1.1KHeavy penalty, imprisonment: Here is what happens if you don’t file ITR
All the salaried classes are required to file Income Tax Return (ITR) every year. The government has exempted those earning between Rs...
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676Income Tax surveys to be conducted only by investigation wing, TDS directorate: CBDT
The income tax surveys to collect information for scrutiny assessment will be undertaken only by the investigation wing and the tax deducted...
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4.6KEXPLAINED! Penalty to prosecution! All that you may face for failing to file ITR by given deadline
In the backdrop of Coronavirus spread, the Narendra Modi Government showered much relief on ITR filers, which includes last date extension for...
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784Taxpayers’ Charter: क्या है टैक्सपेयर्स चार्टर, करदाताओं को क्या होगा फायदा
Transparent Taxation- What is Taxpayers’ Charter: प्रधानमंत्री नरेंद्र मोदी ने गुरुवार को ईमानदार टैक्सपेयर्स के सम्मान में “’ट्रांसपैरेंट टैक्सेशन, ऑनरिंग द ऑनेस्ट’ प्लैटफॉर्म...
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609Transparent Taxation: फेसलेस असेसमेंट और फेसलेस अपील से कैसे बदलेगा टैक्स सिस्टम? करदाताओं को क्या होगी सुविधा
Transparent Taxation- ‘Honoring the Honest’ Platform: गुरुवार को प्रधानमंत्री नरेन्द्र मोदी ने ईमानदार करदाताओं के लिए ट्रांसपैरेंट टैक्सेशन प्रोग्राम (पारदर्शी टैक्सेशन व्यवस्था-ईमानदारों को...
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1.7KIndia’s tax department raids Chinese entities, uncovers money laundering and ‘hawala’ transactions
India’s tax department today raided Chinese entities and said that Chinese individuals and their Indian associates were “involved in money laundering and hawala...
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1.5KNRIs need not file ITR for interest income below taxable limit
The obligation to furnish ITR shall arise where the total income (earned in India) exceeds maximum amount not chargeable to tax (Rs...
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442Income tax deduction on FD interest for senior citizens: 5 points
Section 80TTB of Income Tax Act explains the tax benefits available to senior citizens on account of interest income from deposits. The...
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514Tax Benefits u/s 80D: How to divide health insurance premium to claim deduction for more than 1 year
While filing the Income Tax Return (ITR), Arup Sahay (name changed) got confused while putting the amount of health insurance premium u/s...
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452Income Tax alert! Big leap towards transparent tax administration – Faceless e-assessments | What assessees should know
Undoubtedly, the Income-Tax department is taking a big leap towards transparent tax administration. The faceless e-assessment scheme of Income Tax first announced...
