First issue a taxpayer faces while filing his/her Income Tax Return (ITR) is selecting the correct ITR Form. For example, a salaried...
CHENNAI: The next time you are filing tax returns, you may not have to spend time assessing which form is applicable for...
New Delhi: The government on Tuesday released a draft common income tax return form for public consultation, according to a finance ministry statement...
The Income Tax Department has proposed to introduce a common ITR form for all taxpayers by merging all existing forms of return...
Income tax on foreign shares is required to be reported while filing returns in India. If you have received dividends from foreign...
The tax filing season has begun. It is the time to collect all important documents such as Form 16, bank statements and...
Income Tax return filing after the due date attracts a penalty of up to Rs.5000. The income tax return (ITR) filing due date...
Selecting the right ITR form is crucial to avoid unnecessary delays in processing returns and conflicts later on. Income tax return (ITR) forms...
The last date of filing Income Tax Return for FY 2020-21 has been extended to December 31, 2021. If a taxpayer holds...