The income tax department has admitted that there has been an inadvertent error while processing income tax returns (ITR) of partners of...
Taxpayers are required to file their income tax return (ITR) before the set due date of the assessment year (AY). The government...
Apart from penalty for various defaults, the Income-Tax Act also contains provisions for launching prosecution proceedings against the taxpayers for various offences....
If you have missed the August 31 deadline for filing income tax return, here is what will happen now. Further, there is...
The Income Tax Department today announced that it will automatically issue PAN to all taxpayers who do not have a Permanent Account...
Indians are taking to the digital world in a big way for more diverse reasons, which include filing their Income Tax Returns....
Taxpayers earning between Rs 5 lakh and Rs 10 lakh a year may be in line for major tax relief with the...
The last date for filing your annual Income Tax Returns (ITR) for the 2019-20 financial year is August 31. Anyone with his/her...
The draft legislation on the new Direct Tax Code (DTC), nearly two years in the making, was finally submitted to Finance Minister...
Before the concept of electronic verification (e-verification) of Income Tax Return (ITR) was introduced, Income Tax Return Verification Form or ITR-V was...