All posts tagged "assessee"
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623ITRFiling Tax Returns Early? Here’s What You Need To Know About Form 26AS
As responsible citizens, we pay our taxes every year and therefore it is essential for us to know the details of taxes...
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1.6KMUST KNOWBudget 2021: Rationalisation of tax provisions for Family Trusts
Succession planning is a crucial aspect in everyone’s life. The happenings in the last one year have further enforced upon us the...
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475MUST KNOWNeed to submit ITR proof? You have to use Income Tax Acknowledgement
For professionals and others, who don’t get regular salary, Income Tax Returns (ITRs) are used as income proof for various purposes, like...
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2.2KITRIncome Tax Return AY 2020-21: Here is how much penalty you will have to pay for late filing
Income Tax Return AY 2020-21: Giving a big relief to taxpayers, the Income-Tax (I-T) Department extended the last date for filing of individual...
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702ITRExplained: Why govt has extended dates for filing income tax returns, again
The government has further extended the filing deadlines for income tax returns and GST annual returns. The deadline for filing income tax...
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3.2KITRNew Income Tax Regime: Should you opt for it? Here’s all you wanted to know
Two things you can never avoid in life – Death and Taxes. Taxes, as much as they are dreaded, are considered inevitable....
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1.1KITRHeavy 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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4.7KITRIncome Tax Return: Don’t have taxable income? Check if you still need to file your ITR
According to section 139(1) of the Income Tax Act, an assessee needs to file Income Tax Return (ITR) on or before the...
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3.0KMUST KNOWHomebuyers alert! Will PM Narendra Modi government waive off home loan interest? What this association wants
In a major development, homebuyers body Forum for People’s Collective Efforts (FPCE) has written to the Prime Minister Narendra Modi seeking interest...
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6.2K1ITRTax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis
The government has provided certain relaxation in lockdown 4.0 but sectors that depend on human resources shall take time to recover. From...
