As per Section 194IA, the tax must be deducted from payments to joint property owners based on their contribution. The husband’s request...
Always ensure that the details provided in the ITR are accurate to prevent any issues with the Income Tax Department later. A...
Tax platform ClearTax has partnered with Microsoft to streamline tax filing for workers employed in the informal sector across India. The filing...
ITR Processing Time: Over 7 crore Income Tax Returns (ITRs) were filed by the July 31, 2024, deadline. By August 23, the Income...
Failing to meet the deadline means you cannot file a new or revised return. Read More: ITR Filing 2024: How Many People Filed...
As per income tax rules, ITR refund processing by the tax department starts only after the return is e-verified by the taxpayer. ...
A tax return is deemed defective if it has incomplete or inconsistent information whether in the main return, the schedules or for...
While the income tax department has streamlined the refund process over the years, delays can still occur. Here’s what you can do...
The Union Finance Minister also commended that tax notices should be temperate, simple and easy to understand for the taxpayer. New Delhi: As...
The task of reviewing the Income Tax Act of 1961 will be completed in the given timeframe, CBDT Chairman Ravi Agrawal said...