
Returns in ITR-1 Sahaj are filed by individuals whose total income does not exceed Rs 50 lakh, while form ITR-4…
Income Tax Return Filing AY 2020-21 Latest Updates: The Income Tax Department said that more than 4.54 crore income tax…
The deadline to file I-T returns by individual taxpayers for the 2019-20 fiscal (AY 2020-21) ends on December 31, 2020,…
Last date for filing tax audit report, income tax returns for audit cases should be extended, Direct Tax professionals have…
Income Tax Deductions for Individuals: You may be aware of the deductions from gross total income available under Income Tax…
TDS on Cash Withdrawal: The Ministry of Finance recently notified Form 26QD for TDS Return and Form 16D for TDS…
Reopening Income Tax Assessment: The Income Tax Assessment Officer cannot send a notice to the assessee for re-opening of the…
Income Tax Return Filing for salaried individuals: Income Tax Return (ITR) filing is a must for salaried persons. ITR should…
E-filing of tax returns witnessed a jump of 68.5 per cent in the first month of the current fiscal year…
Income tax return data of the financial year shared by the finance ministry also show only 6 people had salaried…
E-filing of income tax returns for individuals for the assessment year 2016-17 will begin sooner this time, while filers can…
From income tax returns to income tax exemptions from investments are on every Indian taxpayer’s mind as the March 31…
Budget 2016 expectations: The mutual fund industry is expecting a Rs 50,000 increase in basic income tax exemption limit for…
Budget 2016 Income Tax Slab Cheat Sheet: For income tax payers, the most important part of the year is here.…
Aimed at further arming the taxman to go after those who do not file their Income Tax Returns (ITRs), a…
The CBDT has developed a new easy to use software after taxpayers complained of problems in filing I-T returns with…
Government is looking to further simplify Income Tax return forms to help taxpayers fill them without seeking help from experts…
Income Tax returns: The Income Tax Department is developing a mobile app which can be used by tax payers to…