Page 16 of income tax department News
CBDT has extended the timeline for processing income tax returns filed with condonation of delay till March 31, 2024. Taxpayers…
So if you are thinking that it is against the tax rules, the truth is that both HRA and home…
Here’s a simple step-by-step guide to help you file your ITR correctly, reduce errors, and stay compliant while maximising your…
Even small errors in filing ITR can lead to a big trouble. Here are some common mistakes that you should…
So, if you are employed and live in a rented house, you can avail the benefit of HRA while filing…
With the ITR filing deadline extended to September 15, 2025, taxpayers have a greater opportunity to earn higher interest on…
Want to file your ITR without hiring a Chartered Accountant? If you’re a salaried individual with simple income sources, filing…
More than 25 lakh ITRs have already been filed, and refunds are likely to begin soon.
The Central Board of Direct Taxes (CBDT) has issued fresh guidelines outlining specific cases where Income Tax Returns (ITRs) will…
ITR Filing 2025: Common Offline Utilities (JavaScript-based/JSON utility) are built on the latest system architecture adopted by the Income Tax…
Salaried taxpayers opting for the old tax regime must now follow a revised ITR filing process for FY 2024-25. Merely…
The Income Tax Department is intensifying efforts to catch individuals who underreport their income but spend heavily. Using advanced data…
In this article, we will dive deep into both tax regimes – Old Tax Regime and New Tax Regime. The…
The ITR filing this year has started with a significant delay, primarily due to non-availability of ITR forms first and…
Taxpayers can now conveniently file their returns through the official e-filing portal with prefilled data, making the process easier and…
If you’re filing ITR under the old tax regime for AY 2025-26, be prepared for tighter scrutiny — every deduction…
Taxpayers need to wait until after 15 June, 2025, to file their returns. This ensures that all necessary documents and…
Form 16, a key document for salaried taxpayers, must be issued by employers by June 15; here’s what it includes…