ITR due date extension not happening. Can you set off stock market losses against salary? ITR filing 2022: If you incurred a loss in intra-day trading, it could be adjusted only against speculative income from… 3 years agoJuly 23, 2022
ITR Filing for AY 2022-23: When is it mandatory to file tax return for an individual or HUF? An individual who may not have taxable income is also required to file his income tax return if he meets… 3 years agoJuly 22, 2022
Income Tax department issues revised instruction on action against officers for high-pitched assessments In 2015, the Central Board of Direct Taxes (CBDT) had provided for the constitution of ‘local committees to deal with… 4 years agoJune 16, 2022
Received salary arrears? You can reduce additional income tax burden under Section 89 – Check calculation Income Tax Relief under Section 89 is provided by the Income Tax Act to reduce the additional burden of tax. 4 years agoMay 21, 2022
Tax Talk: New tax regime better for late tax planners If you haven’t made tax-saving investments by March 31, you can’t claim the exemptions. In such a case, opt for… 4 years agoMarch 27, 2022
Over 6.63 crore ITRs for FY21 filed till March 15 March 15 was the last date for filing ITRs for 2020-21 fiscal by corporates and other taxpayers who have to… 4 years agoMarch 16, 2022
Your Queries: Income Tax | Income earned from gift to wife is clubbed in husband’s income You may declare your income from pension and capital gains in ITR 2, disclosing sale consideration, cost of acquisition and… 4 years agoFebruary 22, 2022
Income Tax Return: Taxpayers can update ITRs only once in an assessment year, says official CBDT Chairman J B Mohapatra said the intent of this provision is to help people who have genuinely missed out… 4 years agoFebruary 9, 2022
Common mistakes to avoid in the last days of filing ITR ITR filing after the due date would attract a penalty up to Rs 5000. Another drawback of not filing the… 4 years agoDecember 31, 2021
Viral post exposes tax gap: Tea seller pays Rs 11.5 lakh less in tax than a salaried employee on Rs 72 lakh income
