Page 15 of income tax return News
Income Tax Return filing: The co-browsing facility will make it more convenient for tax-filing helpdesks to remotely support their clients…
Income Tax Optimisation with NPS: a taxpayer in the 30% tax bracket can save up to Rs 15,600 by investing…
The Income Tax rules have several provisions through which employees can reduce their overall tax outgo.
Calculation of tax on rental income: A taxpayer may claim up to two houses as self-occupied properties (SOP) in a…
CBDT has allowed the assessees whose books are subject to tax audit 7 more days to file their return of…
Income Tax rules for Futures & Options trading: Income earned in F&O trading is treated as normal business income. Therefore,…
Income Tax Return-Foreign Tax Credit New Rule: Providing major relief to taxpayers in the matter of FTC, the CBDT has…
In the last seven consecutive assessment years, the due date of filing ITR has been extended by 5 days to…
ITR Latest News: While initially income tax return filing was slow, the pace picked up as the deadline neared.
The Central Board of Direct Taxes (CBDT) is closely monitoring the ground situation before taking any decision on ITR due…
Can you claim Home Loan Tax Benefit and House Rent Allowance exemption together? Find out
Salaried individuals have the benefits of selecting the simplest ITR Form – ITR-1 or Sahaj, provided such an assessee is…
Although there are no major changes introduced this year, a few additional information is being sought from taxpayers in the…
Whenever you sell or redeem units of equity-oriented or debt-oriented mutual fund (MF) schemes, it results in capital gain or…
Generally, a 10% TDS is deducted on interest income above Rs 50,000 which a senior citizen earns in a year,…
The timeline to file Form ITR-U is within 24 months from the end of the relevant assessment year.
The new ITR forms, however, have introduced a change whereby the term accounting period has been replaced with a calendar…
Not only the due date of filing of ITR for the Assessment Year 2022-23 will end on July 31, 2022,…