Beware! Not filing ITR for AY 2021-22 by today may prove very costly to you – here’s how Penalty on Belated Income Tax Return for AY 2021-22: Today (December 31, 2021) is the last day to file Income… 5 years agoDecember 31, 2021
About 27 lakh I-T Returns filed on December 30, total FY21 filings cross 5.36 crore: Income Tax Department The total ITR count further increased to 5.36 crore till 9 pm with the addition of 2,58,176 more filing in… 5 years agoDecember 30, 2021
Over 4 crore Income Tax returns for FY21 e-filed so far: I-T department The department has been reminding taxpayers to file returns for fiscal 2020-21 (ended March 31, 2021) by sending SMS and… 5 years agoDecember 22, 2021
IT dept raids entities linked to Chinese mobile phone manufacturers The raids are being carried out at premises located in the national capital region and some states in the south,… 5 years agoDecember 22, 2021
Advance tax collection rises 54% to Rs 4.60 lakh crore in FY22, says Finance Ministry Direct tax collections for 2021-22, as on December 16, show that net collections are at Rs 9.45 lakh crore compared… 5 years agoDecember 17, 2021
Made money from US stocks? Check rules to report it in Income Tax Return and claim credit Income Tax on Gains from the US stocks in India: It is now possible for investors living in India to… 5 years ago
Happy Diwali 2021! Know how much cash you can take as gift without paying income tax Income tax on Cash Diwali Gift: Is it wise to share cash as a gift on Diwali? And, are there… 5 years agoNovember 3, 2021
Income Tax on Diwali, Dhanteras 2021 festival gifts: Here’s all you need to know Income Tax on gifts received from parents, son, daughter, friends, family, relatives: Not many of us are aware that some… 5 years agoOctober 28, 2021
Revised Income Tax Return: Failed showing investment upto Rs 1.5 lakh in SCSS, SSY, NSC? Do this now Revised Income Tax Return: Investments made in schemes like Senior Citizen Savings Schemes (SCSS), National Savings Certificate (NSC), Sukanya Samriddhi… 5 years ago
Got an income tax intimation notice after ITR filing? Here’s what you need to check in it first How to read an Income Tax notice under Section 143 (1) ?? The income tax intimation notice informs the taxpayer… 5 years ago
Income Tax Return 2021: Lost money in stock markets? Check if you can set it off against salary income As the Income Tax Return filing season is on, it is important to know if losses made in the stock… 5 years agoOctober 19, 2021
Planning to file ITR? Know how to prepare yourself for Income Tax Return filing for AY 2021-2022 ITR Filing Tips for FY 2020-21 (AY 2021-2022): The deadline to file the income tax return for salaried or small… 5 years ago
Do you need to pay advance tax on capital gains from shares, dividends? Advance Tax Payment Rules: While we file Income Tax Return (ITR) for the previous financial year to settle tax liability… 5 years agoSeptember 24, 2021
Can you claim Income Tax benefit on HRA if living with parents during work from home? Income Tax benefits on HRA during work from home: Tax exemption on House Rent Allowance (HRA) is an important benefit… 5 years agoSeptember 21, 2021
Salaried or earning from business and profession? Not everyone can change Income Tax regimes every year New vs old Income Tax regime Change Rules for Income Tax Return Filing for AY 2021-22: Taxpayers, now have the… 5 years agoSeptember 17, 2021
New vs Old Tax Regime for ITR filing (AY 2021-2022): What should salaried employees choose? New Income Tax Regime vs Old: The choice of beneficial option between the old tax regime and new tax regime… 5 years ago
How your income from equity shares and mutual funds will be taxed this year Income Tax on Gains from Equity Shares and Mutual Funds FY 2020-2021: Gains on your investment in instruments like equity… 5 years ago
Top mistakes to avoid while filing Income Tax Return (ITR) for AY 2021-22 this month Income Tax Return for AY 2021-22: ITR filing is mandatory for all individuals whose income is over Rs 2.5 lakh… 5 years ago
Old income tax notices resurface as 10–15-year-old tax demands appear on portal, interest piles up, says report
