The Income Tax department is scrutinizing the discrepancies between employer-calculated and employee-claimed tax data, intensifying its scrutiny to ensure accuracy. Through meticulous...
New Delhi: Taxes are imposed in India on property, wealth, and income. Be it individual income or corporate revenue, both are subjected to...
New ITR forms AY 2024-25: Taxpayers will now be required to provide information regarding cash receipts and all their bank accounts within...
new Income Tax Return forms, applicable for assessment year 2024-25, will have a new column for deductions allowed to Agniveers NEW DELHI:...
In the upcoming assessment year 2024-25, taxpayers in India are required to furnish additional details concerning cash receipts and all their domestic...
ITR forms for the financial year are usually announced by end of March or early April. However, this year, they are announced...
December 31 is the deadline to file the belated and revised income tax returns (ITRs) for FY 2021-22 (AY 2022-23). Taxpayers who...
In its endeavour to improve the taxpayer experience on the e-filing portal, the income tax department introduced Tax Information Network (TIN 2.0)...
The number of GST return filers rose about 65 per cent to 1.13 crore in 5 years till April 2023 as compliance...
The government’s advance tax collections for the third quarter of the fiscal year 2023-24, spanning April to December, have shown a robust...