All posts tagged "income tax department"
-
35FINANCEPlanning to Deposit Cash in the Bank? Know These Rules First!
Depositing cash in the bank is a regular task, but did you know exceeding certain limits could lead to hefty penalties? Here’s...
-
51ITRITR filing season: Keep these 4 documents safe if you want tax exemption on HRA; check details
ITR filing season: House Rent Allowance (HRA) is an allowance (part of CTC) provided by your employer to assist you afford the costs...
-
80ITRHigh-value transactions: What you need to know to stay compliant with Income Tax regulations
High-value cash transactions may attract the attention of the Income Tax Department, potentially leading to income tax notices. The department remains vigilant...
-
55ITRAttention taxpayers! Foreign income and assets must be disclosed before December 31: Report
Chairman of the Central Board of Direct Taxes Ravi Agarwal has said that taxpayers who haven’t disclosed their foreign income or assets...
-
47ITRIncome Tax Department Gives Nod To Waive Or Reduce Interest Payable By Taxpayer
The Income Tax Department has given approval to the tax authorities to either waive or reduce the interest payable by the taxpayer...
-
60ITR
New ITR E-Filing Portal 3.0 Launching Soon: Features, Improvements, And Other Key Details
New Delhi: The Income Tax Department is preparing to launch a revamped e-filing system, the ITR E-Filing Portal 3.0. The newly launched...
-
78NEWSHow much cash can you deposit in savings account to avoid tax scrutiny?
Individuals from diverse backgrounds, including those with fixed salaries, are generally encouraged to maintain at least one savings account to fulfill their...
-
120ITR
What should you do when you get an income tax notice after ITR filing?
ITR filing deadline ended on July 31, with around 7.28 crore income tax returns (ITRs) being filed. Of these crores of tax...
-
97POLITICSDay After Fresh I-T Penalty of Over Rs 1,800 Cr, Cong Says ‘Got 2 More Notices Last Night’
Congress has not received any relief from the high court in the case. Congress president Mallikarjun Kharge said that it will move...
-
402ITRIncome 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...
