The government has budgeted to collect Rs 18.23 lakh crore from direct taxes (personal income tax and corporate tax), 9.75 per cent...
Income Tax Returns (ITR): The Income Tax department gives taxpayers multiple chances to fill their Income Tax Returns. December 31 was the...
The Income Tax (IT) department has issued advisories to Non-Resident Indians (NRIs) for non-filing of Income Tax Returns (ITR) and asking them...
The Income Tax Department has streamlined the filing of Income Tax Returns (ITR) by issuing specific forms tailored to various taxpayer categories,...
Some people think that instead of doing a large amount online transaction, if they deposit the same amount of cash in an...
Income tax notices can make anyone anxious. But don’t worry! It’s a regular part of filing your tax return and doesn’t always...
Know India’s residency and source rules for taxation. If your stay in India exceeds 182 days in a financial year, you are...
Income Tax Return Filing Last Date: The deadline to file Income Tax Returns for FY 2022-23 ends today. The tax department cautioned...
The “Discard” option comes as a solution for individuals who may have inadvertently submitted incorrect information while filing their ITRs. New Delhi: In...
The Income Tax Department has issued a clarification regarding misgivings amongst some people regarding notices sent by it pertaining to transactions made...