All posts tagged "IT Department"
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301ITRIncome tax refunds: Taxpayers would get their pending refunds for FY2020-21 by April 30
Income Tax: The Income Tax Department in a circular has said that the taxpayers who are still waiting for their tax refunds of...
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151ITRIncome Tax Department Sets Rs 1 lakh Threshold Per Assessee for Withdrawal of Old Tax Demands
The Income Tax department has prescribed a ceiling of Rs 1 lakh per assessee for withdrawal of small tax demands till Assessment...
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131ITRWhat Is Form 16? All You Need To Know
New Delhi: Form 16 is a crucial document provided by employers to their employees, outlining the TDS (Tax Deducted at Source) deductions from...
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364ITRIncome Tax department issues 5000 notices to taxpayers over donations to unrecognized political parties
The Income Tax Department has issued notices to several taxpayers who contributed donations to political parties registered but not recognized by the...
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185ITRLIC expects income tax refund of Rs 25,464 crore in Q4
Last month, the Income Tax Appellate Tribunal (ITAT), Income Tax Department, issued intimation for a refund of Rs 25,464.46 crore. The refund...
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163ITRAIS For Taxpayers App: How To Download, Register And View Annual Information Statement
New Delhi: The Income Tax Department’s mobile app called AIS for taxpayers, making it easier for taxpayers to access their tax-related information. To...
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151ITRCBDT notifies ITR forms for Assessment Year 2024-25: Experts decode the changes
S. Vasudevan, Executive Partner at Lakshmikumaran & Sridharan Attorneys, says, “The CBDT has introduced new Income tax forms (ITR) for AY 2024-25....
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255ITR
Income Tax Filing: Five Reasons To File ITR On Time
Filing your income tax return (ITR) on time is crucial, and the Income Tax Department strongly advises against waiting until the last...
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157ITRSubmitting fake rent receipts? Beware! Here’s how income tax department can catch you
While giving investment proof to the Income Tax Department, some people submit fake rent agreement and rent receipts to save more tax....
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224ITRWhat are the changes in the New Income Tax Return forms for FY2023-24?
Question: The Income Tax Department has recently notified the new Income Tax Return forms applicable for Financial Year 2023-24 (Assessment Year 2024-25). Accordingly, kindly highlight the...
