The last date to Income Tax Return filing is just 26 days away. Collect all the necessary documents and file your ITR in time in order to avoid fee and penalty.
Income Tax rules require the legal representative to pay tax and file ITR in case property is inherited from the deceased. This article discusses in detail the various tax compliances arising after th
While Filing our ITR, we tend to ignore the details captured in Form 26AS. It contains details about the tax deducted on your behalf by various institutions. It is relevant for you and you should care
Residential status of a taxpayer as per the Income-Tax Act can be different from his citizenship. Total income of a taxpayer can't be computed unless his residential status is determined as per the I-
Assessees using the e-filing mode have the option to file their return with or without using a digital signature or using the Electronic Verification Code (EVC). Here are 5 ways to e-verify your ITR
Are you a salaried person and get daily allowances from your company while on official tour either in India or abroad? Then better keep the evidence of actual expenses incurred, otherwise you will hav
ITR filing is mandatory if your gross total income exceeds the basic exemption limit. Having a PAN does not necessitate furnishing your return. Find out when do you need to file ITR.
If you are self-employed and are planning to file return of income, you should learn the income-tax provisions which will help you to file the return for Assessment Year 2018-19.
Income Tax return filing season is on. You are required to link your Aadhaar number with the PAN card. Users have the flexibility to do it both online and offline.
Income tax efiling has been made easy by the Income Tax department by opening an e-filling portal for those eligible for filling the ITR Form-1 (Sahaj). The due date of filing your ITR for FY2017-18 o
ITR can be filed even if you have nil income or your gross total income is below the minimum taxable limit. The benefits of filing income tax return on time are multiple. Let's explore how.
ITR filing season is on. From this assessment year, there is a penalty under section 234F of the income tax act. If you are wondering about which ITR forms to use then read on.
If one have entered into a joint development agreement with seller, then there is a liability to deduct TDS @10% for the monetary consideration (i.e., other than kind) while making payment.
There have been significant changes in the income tax return filing rules in the last few years, especially pertaining to the rule for filing belated ITR for the previous years.
FDs are considered as one of the safest and most common investment options. The interest income earned from FDs, however, has certain tax implications.
Filing of the income tax return is important because it is the documented proof of your income. However, you cannot file your return without some documents.
The income was detected during the verification of cases of Non Pan Data, Foreign Account Tax Compliance Act (FATCA), Automotive Exchange of Info (AEOI), and Common reporting standard (CRS) data.