ITR filing: 5 terms you must be aware of to know the status of your income tax return A taxpayer should regularly check the status of his income tax return to ensure that the ITR has been accepted… July 19, 2018 11:09 IST
Income Tax Return Filing: How to fill and submit Form 60? Income Tax department requires Form 60 in the absence of PAN. It is done to restrict an individual from entering into certain… July 19, 2018 10:53 IST
Income Tax efiling: Received gifts during the year? Here is what that means for your ITR Gifts are taxable under the Income Tax Act, unless they fall under the category of exemption. Hence, gifts should be… Updated: July 18, 2018 12:11 IST
Income Tax Return Filing: 6 things one should keep in mind when hiring a professional to file ITR The final accountability of your ITR is yours; the responsibility doesn’t end at hiring a professional to file your Income… July 18, 2018 10:50 IST
Income Tax: Benefit of capital gains not available on commercial property Benefit of capital gains not available on commercial property July 18, 2018 01:48 IST
Income Tax: Did you get notice under Section 143(1) (a) of I-T Act? Here is what it means As per latest amendments and provisions of the Income Tax Act, 1961 with the Assessment Year 2018-19, there are various… July 18, 2018 01:41 IST
Withdraw by August 20 appeals pending before tribunals/courts exceeding threshold, Income Tax dept orders The Income Tax department has directed its field offices to withdraw by August 20 the appeals pending before tribunals and… July 17, 2018 22:24 IST
Income Tax Return filing: What is Form 60 and when is it required? There may be situations when the applicant may not have a PAN card. Form 60 can be submitted in lieu.… July 17, 2018 12:56 IST
Income Tax Return filing: 10 tax filing mistakes that can land you in trouble In a rush to file their income tax return on time, some taxpayers end up making some mistakes. Here’s a… Updated: July 18, 2018 13:13 IST
Income Tax Return filing:How to apply for a PAN Card PAN is a 10-digit number and alphabet combination code issued by the Department of Income Tax. one can apply for… July 16, 2018 15:18 IST
7th Pay Commission and Income Tax efiling: Here is how government employees need to file ITR for AY2018-19 Have you received arrears of salary as per the 7th Pay Commission recommendations? Here’s how to report those in your… Updated: July 17, 2018 18:06 IST
High earning individuals! Here is how you can optimize tax deductions Availing tax benefits under chapter VIA is a common knowledge. If you are a high earning individual then you need… July 16, 2018 08:37 IST
TDS, Self-Assessment Tax, Advance Tax: How to handle these in your income tax return for AY2018-19? Taxes are collected from taxpayers in the form of TDS, Advance Tax and Self-Assessment Tax. How would you report these… Updated: July 14, 2018 11:34 IST
Income Tax department to re-assess ITRs of HNI buyers of Nirav Modi jewellery: Officials The Income Tax Department has decided to re-assess the ITRs of over 50 high net-worth individuals (HNIs) who purchased costly… July 13, 2018 21:52 IST
Fixed Deposits: 5 things you must look at before investing in FDs Looking to invest in fixed deposits? Here are the 5 most important aspects to consider while planning to start an… Updated: July 16, 2018 18:05 IST
Filing Income Tax Return? You must keep these key documents handy With the July 31 deadline for income tax returns filing only a few weeks away, it is time to gather… Updated: July 14, 2018 08:46 IST
Good news for taxpayers! Government to hike threshold limit for filing departmental appeals Now, the CBDT and CBIC will be able to file appeals at the tribunal level if the tax amount involved… July 12, 2018 12:16 IST
ITR filing: How to link Aadhaar number with PAN card? Here’s everything you need to know A taxpayer has to do two compliances – linking of Aadhaar number with PAN card and quoting of Aadhaar number… Updated: July 13, 2018 22:24 IST
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