All posts tagged "ITR"
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28ITRIndia Sets Benchmark: Income Tax Department Processes 1.62 Crore ITRs In A Single Day
Approximately 26.35% of ITRs were processed in FY 2024-25 in a week in comparison to 22.56% in FY 2023-24 In a groundbreaking...
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26ITRAdvance tax payment: What happens if you fail to pay tax on December 15 (Sunday)?
Advance tax refers to the income tax that is required to be paid in advance throughout the year, in instalments according to...
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25ITRPost Office Monthly Income Scheme (POMIS): Important Tax Rules for Investors
The Post Office Monthly Income Scheme (POMIS) is a reliable government-backed investment option offering fixed monthly income. However, it’s crucial to understand...
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31ITRHow To Check Your GST Refund Status? Know Eligibility, Filing Process And Common Delays
Before filing for a GST refund, it’s crucial to determine if you meet the eligibility criteria. Navigating the complexities of the Goods...
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48ITRSavings Account: Rules for Transactions to Avoid Income Tax Scrutiny
While there is no limit on deposits in a savings account, large amounts of money deposited into the account can attract attention....
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34ITRIncome tax rules: How much cash can you receive in one day to avoid an I-T notice?
The income tax department carefully monitors high-value cash transactions, so taxpayers should exercise caution when engaging in them. Section 269ST of the...
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38ITRBelated ITR Filing Last Date: How To File Late Income Tax Return For AY 2024-25 Online
Belated Income Tax Return Due Date: Know what is belated return in income tax and how to file it online Belated Income...
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42ITR₹5,000 late fee: Your last chance to file belated income tax returns before December 31
Filing your ITR before the December 31 deadline is critical to avoid additional penalties and ensure compliance. Act now to avoid escalating...
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30ITRTax Saving Tips: Include these 10 allowances in your salary, and saving tax will become easy..
When working professionals talk about paying taxes on their income, everyone wants to save tax in some way. But instead of Jugaad,...
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29ITRIncome Tax Notices on High-Value Cash Transactions
While small cash transactions are generally not scrutinized, high-value transactions can attract attention from the Income Tax Department. Here are five types of...
