All posts tagged "IT Department"
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37ITRDisclose Foreign Assets, Income Or Face Rs 10 Lakh Fine, Tax Department Issues Caution
The Income Tax Department cautioned taxpayers that failure to disclose assets held abroad or income can attract a penalty The Income-Tax Department...
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58ITRITR For AY 2024-25: Income Tax Department Targets Undisclosed Foreign Assets With New Campaign
ITR For AY 2024-25: Income Tax Department Targets Undisclosed Foreign Assets With New Campaign The Income Tax Department announced on Saturday that...
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43ITRIT department issues guidance note on Vivad Se Vishwas dispute resolution scheme
It would also include cases pending before the Dispute Resolution Panel (DRP) and revision petitions pending before the Commissioner of Income Tax....
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92ITRIncome Tax: CBDT Extends Deadline for Audit Report to October 7, Know Penalty on Missing Due Date
The deadline extension for audit report till October 7 is applicable to all taxpayers, including individuals and companies, whose income tax deadline...
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89MUST KNOWWhat Income Tax Department Will Do If You Exceed Rs 10 Lakh Deposit Limit In Savings Account
The tax is levied on your income if it is above a certain limit as per the tax slabs. The Income Tax...
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94ITRIncome Tax Department Hikes Threshold for Filing Appeals in Courts, Tribunal by Tax Officers
Tax authorities can file appeals before the ITAT, high courts and Supreme Court, if the disputed tax demand exceeds Rs 60 lakh,...
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117ITRMissed September 15 advance tax deadline? Prepare for additional taxes and interest on outstanding dues
Advance tax payments are split into four installments with specific due dates: 15% by June 15, 45% by September 15, 75% by...
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111MUST KNOWCash Deposit Limit: New rules by Income Tax Department
In today’s era, a savings bank account is essential for everyone. A bank account is essential to avail of all the government...
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58ITRDidn’t Receive the Income Tax Refund? This Might Be the Reason
If you’re one of the taxpayers eagerly waiting for your income tax refund but haven’t received it yet, there could be a specific reason...
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110ITRWhat Happens If ITR Is Not e-Verified Online? Check ITR e-Verification Penalties; Check How To Complete Process
ITR e-Verification Penalty: It is important to remember that without e-verification, your ITR is not considered valid by the Income Tax Department. ITR...
