The income tax department has stated that there has already been significant growth in tax collections in the first quarter of FY25....
ITR filing made convenient with ClearTax’s WhatsApp service supporting ITR 1 and ITR 4 forms. Available in 10 languages, aiming to simplify...
Effective tax preparation is critical for small business owners seeking to maximise revenues while minimizing liabilities. Running a small business allows you...
It is necessary to be aware of all the deductions, and sections and to keep all supporting documents handy while filing ITR....
The process for filing Income Tax Returns (ITR) for the financial year 2023-24 (assessment year 2024-25) has commenced on the e-filing income...
When filing late ITR, you may not be able to set off or carry forward losses (except for house property losses) or...
It’s important to note that the e-Verification process should be completed within the specified time limit, which is currently 30 days from...
Mistakes in ITR filing: Income taxpayers should accurately report income and claim eligible deductions to avoid trouble with the tax department. When...
DigiLocker, the government’s online document storage platform, is set to broaden its range of services. It plans to store income-tax returns, Employees’ Provident Fund...
Income Tax Return: The offline ITR-1 and ITR-4 forms came after the CBDT notified the same in February. Income Tax Return FY...