Income Tax update: Deadline for filing ITR, audit report extended till Oct 15 Given that it is the first year for I-T filers after the new indirect tax regime came in, many tax… By FE BureauSeptember 25, 2018 03:46 IST
Income Tax: Deduction on tuition fee allowed only if the institute is located in India Kumar Deduction for tuition fees paid is allowed under Section 80C only if tuition fees is paid to university, college… By Amit MaheshwariSeptember 19, 2018 00:38 IST
Income Tax: Rental income taxed in hands of that co-owner who paid for property Exemption from LTCG tax is provided to the taxpayer if he uses the LTCG to buy a property within two… By FE BureauSeptember 18, 2018 00:47 IST
Interest payable on Rupee bonds issued abroad by Indian companies exempt from income tax The government Monday exempted from income tax the interest payable on rupee denominated bonds issued outside India by a company… By PTISeptember 17, 2018 22:29 IST
Taxability of EPF Withdrawal: Tax implications on withdrawal of Employee Provident Fund balance There are tax implications on partial or complete withdrawal of the EPF amount. Here’s all you need to know about… By Vikas VasalUpdated: September 18, 2018 08:20 IST
ClearTax expects 40 lakh ITRs to be filed through its portal this fiscal With increased government focus on tax compliance, ClearTax on Sunday said it expects at least 40 lakh filings through its… By PTISeptember 16, 2018 14:32 IST
Mutual Fund Investment: How much difference does LTCG tax on MFs make to your yield? The Union Budget 2018 announced a flat 10% tax on long-term capital gains on equity and equity mutual fund investments.… By GuestSeptember 14, 2018 11:07 IST
Income tax benefits on education costs for individuals; Here’s all you need to know Are you aware of the income-tax benefits available to an individual in relation to the education costs as per the… By Vikas VasalUpdated: September 11, 2018 14:11 IST
How to track your income tax refund status? Check out details and step by step guide What to do in case you haven’t received your income tax refund yet and want to check its status? Here’s… By Sanjeev SinhaUpdated: September 11, 2018 18:27 IST
Income Tax Return filing: Why filing tax return is a must for Global Indians Filing tax returns comes with many advantages for Global Indians. NRIs who have not filed their ITR yet should consider… By GuestSeptember 6, 2018 15:06 IST
Filed Income Tax Return? Here’s why you must verify your ITR now; A step-by-step guide to do it Verification is the final step in the process of filing your income tax return as failure to do so will… By GuestUpdated: September 5, 2018 12:01 IST
Taxing times: Bombay HC pulls up Income Tax Department, says taxman losing cases deliberately The Bombay High Court has pulled up the income tax department (ITD) saying that its approach to litigation in the… By Sumit JhaUpdated: September 4, 2018 17:40 IST
71% surge in Income Tax Returns filed till August 31 The government on Saturday credited demonetisation for a jump in income-tax e-returns filed by taxpayers till August 31, which was… By FE BureauSeptember 2, 2018 01:05 IST
71 percent surge in ITRs filed till August; presumptive tax filers jump 8-fold The number of income tax return (ITR) filings surged 71 per cent to 5.42 crore till August 31— the last… By PTISeptember 1, 2018 22:37 IST
Penalty clause spurs filing of Income Tax returns within deadline A total of Rs 5.42 crore income tax returns (ITRs) were filed till the end of extended August 31 deadline… By IANSSeptember 1, 2018 20:04 IST
Income Tax department moots doing away with mandatory quoting of father’s name in PAN application The Income Tax department today proposed to do away with the mandatory requirement of mentioning father’s name while applying for… By PTIUpdated: September 1, 2018 11:22 IST
Income Tax Return Filing: More than 5.29 crore ITRs filed as deadline ends today Over 5.29 crore income tax returns have been filed by taxpayers as the deadline ended today, signalling an increase of… By PTIAugust 31, 2018 22:25 IST
ITR filing: Want to claim Section 89 tax relief? Don’t forget to file Form 10E An employee, who is entitled to relief under Section 89 of the Income Tax Act, is required to submit Form… By GuestAugust 31, 2018 13:58 IST
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