
Taxpayers are usually careful and exercise due diligence while filing ITRs, but in a rush to file returns before the…
With some useful tips, taxpayers can ensure that their returns are filed accurately and they can also avoid potential queries…
The HRA amount is shown in the salary slip of an employee and also the tax projection statement given by…
A report in the Financial Express last month stated that discussions were underway in the finance ministry regarding the implementation…
Though Form 16 makes it easier to file tax return for salaried taxpayers, ITR filing is possible even without Form…
ITR Forms 1, 2, 4, and 6 were enabled on the tax department’s e-filing portal earlier this month. Excel utilities…
The CBDT notification has clarified that income tax returns (ITRs) need to be e-verified within 30 days of uploading, otherwise…
Don’t forget to mark December 31, 2023, on your calendar and avoid the last-minute rush by following these simple steps.
If you can’t do it before December 31, 2022, you have to pay a double fine to file it till…
Filing of ITR is necessary for a person having an annual income of over Rs 2.5 lakh (the exemption limit…
What is Rule 132? Individuals with income from business or profession, who have claimed deduction of surcharge or cess in…
To file her return of income for AY 2022-23, Rabina (name changed) failed to log in to the e-filing portal…
In recent years, the number of tax filers has grown at a fast pace, thanks to administrative steps and information…
The dividend income earned by an individual gets added to overall income, and the investor receives foreign credit to the…
Due to postponement of the ITR due date by 5 months, many assessees were confused if they had filed the…
The taxpayers can claim the income tax exemption, which is available on a few of the salary components given either…