
Last month, the CBDT extended the deadline for filing audit reports by 7 days till October 7.
Know how tax on income come salary and moonlighting will be calculated.
In case your final tax liability after taking into account the TDS exceeds Rs 10,000, respec-tive instalments for advance tax…
Consequences of defective income tax return notice: Know what happens when you don’t respond to the tax department’s notice under…
Income Tax Refund Status Check 2022: Not received refund yet? Know how to check Income tax refund status now
Section 245 empowers the income tax authorities to adjust any previous year’s demand with the refund amount due to the…
“Income tax refunds of Rs61,252 crore have been issued in 1,96,00,998 cases & corporate tax refunds of Rs53,158 crore have…
A digital signature certificate (DSC) is required for furnishing Form 10F electronically, but non-corporate FPIs are typically not required to…
In recent years, the number of tax filers has grown at a fast pace, thanks to administrative steps and information…
Over 7.24 million ITRs, a new record, were filed on a single day — July 31, 2022 — which was…
ITR Latest News: While initially income tax return filing was slow, the pace picked up as the deadline neared.
Additionally, those having outstanding unpaid tax will have to shell out an additional 1 per cent interest per month for…
While the pre-filled data makes it easy to file the ITR, the task of verifying and updating the data is…
The Income Tax Department has prescribed 7 types of ITR forms, whose applicability will depend on the nature and amount…
As different debt instruments have different taxation rules, it’s important to know they are taxed before filing your returns of…
If an assessee uses the wrong ITR form, the return file will be considered a defective return and may trigger…
While there are many conditions involved in deciding a Form for filing return, the main indicators are however the sources…
With less than half a month left for the due date of the filing of ITR to get over, unless…