ITR Filing 2025: 5 must-verify points before your offline ITR submission ITR is mandatory for those individuals whose annual taxable income is more than the basic exemption limit. Under the Old… 6 months ago
ITR filing 2025: How salaried individuals can file tax returns without Form 16 ITR Filing: The salary slips of your entire financial year give information about your salary, allowances and deductions. These will… 6 months ago
Income Tax Return 2025: Tax department releases new Excel utility for ITR-2 filing, know what has changed The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is specially… 6 months ago
Making HRA claims without deducting TDS? Income Tax Department sending notices Under the income tax law, a tenant who is living in a property and paying a rent of Rs 50,000… 6 months ago
Income Tax Department slaps Rs 944.20 crore fine on IndiGo, airline calls it ‘erroneous’ In a regulatory filing on Sunday, IndiGo clarified that the penalty was based on a misunderstanding by the Income Tax… 6 months agoMarch 30, 2025
Income tax offices to remain open on coming Saturday, Sunday and Eid – Know why The financial year ends on March 31 and before that most people complete their financial and tax-related activities every year.… 6 months ago
New Tax Rule: Govt to match your current ITR with previous year’s to find inconsistencies – Details here If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while… 6 months ago
New I-T Bill may get House nod in monsoon session The new Income Tax Bill, aimed at simplifying direct tax laws, will be discussed in Parliament’s monsoon session. The Finance… 6 months agoMarch 25, 2025
Tax sleuths to target undisclosed income only Govt proposes amendment to Finance Act 2025, clarifying search and seizure focus on undisclosed income, strengthening compliance and reducing tax… 6 months agoMarch 25, 2025
March 2025 Tax Alert: Miss these deadlines and you could lose exemptions, face fines It is very important to follow the deadline for filing tax, otherwise you will not get the benefit of tax… 7 months ago
Advance tax alert! March 15 deadline nears – Are you liable to pay? Find out now Advance tax is the income tax that individuals and businesses have to pay in installments throughout the financial year, rather… 7 months ago
Income Tax crackdown! Donors to political parties under scanner – Are you on the list? According to reports, about 9,000 people donated Rs 5 lakh or more in the financial year 2020-21 and claimed tax… 7 months ago
Under tax radar due to high income and low withdrawals? Here’s how you can avoid tax investigation File all income like salary, rental income, capital gains, business income, interest and dividends correctly in your Income Tax Return… 7 months ago
Tax officials given more power than ever to raid, seize digital assets, attach properties – Details inside New Income Tax Bill: With this proposed law, which is expected to come into force from April 1, 2026, the… 7 months agoMarch 8, 2025
Can tax officials really ask you about daily rations and toiletries? Here’s what experts say According to reports, the Income Tax Department is asking taxpayers for full details of their monthly ration expenses, including the… 7 months ago
Tax e-filing: New banks enabled for online tax payments via e-pay tax service – Check the entire list of banks With the Income Tax Department enabling more banks to facilitate tax payments, taxpayers can pay their regular income tax, advance… 7 months agoMarch 6, 2025
‘Assault on our rights…get a court order’, Mohandas Pai blasts rule allowing tax officials track e-mails, social media accounts Pai’s comments came in response to news reports suggesting the New Income Tax Bill has a provision that allows the… 7 months agoMarch 6, 2025
Major changes in TDS and TCS rules from April 1: Here’s all you need to know Major changes in TDS and TCS rules applicable from Apr 1, common taxpayers, traders to get relief 7 months ago
Income tax return processing delay: Now in these 5 cases your ITR will be under mandatory investigation
Do not miss extended income tax return filing deadline – here’s how to file your ITR online in just 30 minutes
Income Tax Return processing time latest update: Only 2.6 crore returns processed so far; deadline extension likely?
