ITR Forms 1, 2, 4, and 6 were enabled on the tax department’s e-filing portal earlier this month. Excel utilities of ITR-1,...
In India, advance tax denotes the tax individuals, companies, and businesses pay ahead of time instead of deferring payment until the end...
If you have sold jewellery after holding for three years, you are entitled to pay long term capital gain (LTCG) tax. And...
The income tax (I-T) department has enabled all utilities and notified all forms needed to file income tax returns online in April....
The new tax regime was introduced by the Finance Minister in the Union Budget 2020. This regime, also known as the simplified tax regime,...
Income tax department has said no action will be taken for a short deduction of TDS in case the assessee links his/her...
ITR Form 4 Sugam: ITR-1 and ITR-4 are streamlined forms designed to accommodate a significant portion of small and medium-scale taxpayers. Read...
Taxpayers are always on the lookout for ways to reduce their tax liabilities, seeking strategies that offer both financial security and regulatory...
Income Tax Return Filing AY 2024-25: Even as the income tax department has enabled online ITR filing for the assessment year 2024-25 (or...
The Income Tax Department has a keen eye on the details provided by taxpayers in their income tax returns. If any errors...