Depositing large sums of cash in your savings account can attract scrutiny from the Income Tax Department. Understanding the rules and limits...
The Income Tax Department has recalled the defective ITR notices sent to many taxpayers who have correctly filed their income tax returns (ITR). Experts...
This is the fourth such notice to the firm in recent months. The company said the order has been issued by the...
After filing your income tax returns, the Income Tax Department conducts a computerized preliminary assessment. This assessment involves checking for arithmetical errors...
Many salaried individuals find it difficult to file their income tax returns. Some make mistakes like omission, some end up entering wrong...