ITR
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316ITR: What is a Tax Demand Notice? How to reply to it?
In case there are any mismatches in the details or total tax liability, an ‘outstanding tax demand’ notice is issued by the...
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249Income Tax Return: What Is Updated ITR & How To File It?
An updated return can be filed at any time within 24 months from the end of the relevant assessment year. Updated Return: The...
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296ITR filers can get Tax Demand Notice. Know how to reply on the e-filing portal for AY 2023-24
Income Tax Demand Notice/Intimation AY 2023-24: ITR filers can receive a tax demand notice if there is a discrepancy between the tax...
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423How is residential status determined for taxation by Income Tax Department in India?
Income which is accruing or arising or deemed to accrue or arise in India is also taxable in the hands of all...
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392Income Tax Department Revises Valuation Norms On Accommodation! Take Home Salaries to Increase for THESE Employees
In a positive move for salaried employees, the Income Tax department has announced revisions to the valuation norms for rent-free accommodation provided...
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425BIG! Now Lower Tax On Rent-Free Accommodation From Employer? Income Tax Dept Notifies Rules
Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...
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348Income Tax department operationalises e-advance ruling in Delhi, Mumbai
Income Tax department said that boards for advance rulings have been operationalised in Delhi and Mumbai, which will function through email-based procedures and conduct...
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362Received Income Tax Refund or intimation? You can still file revised ITR to rectify mistakes – Know how
Revised Income Tax Return: every taxpayer (including belated ITR) is allowed to file the revised ITR under Section 139(5) if they made...
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446Income Tax Returns: ITR Filing in AY24 to Cross 7.8 Crore, 25 Pc to Leave Lowest Income Strata by FY47 | Takeaways from SBI Report
The number of income tax returns (ITRs) filed for FY2023 has surpassed 6.81 crore. The number is expected to cross 7.8 crore...
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646
Claimed HRA in ITR below Rs 1 lakh to evade PAN submission? You can get an Income Tax Notice
Income Tax Notice news AY 2023-24: Salaried employees can get a notice for making fake HRA claim. Salaried employees living on rent...
