Wed, Nov 13, 2024
There has been a significant increase in income tax compliance in the country with more than five-fold growth in the Rs 50 lakh-plus income category, according to sources.
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Sat, Oct 26, 2024
ITR Filing Deadline Extend: The income tax department has announced a 15-day extension for corporates to file their income tax returns, moving the deadline to November 15 for the assessment year 2024-25.
Wed, Sep 04, 2024
Income Tax Return Filing: House Rent Allowance (HRA) is a key component in the salary of an employee taxpayer. It can help them save considerable tax. But sometimes, such taxpayers get greedy and use wrong methods to cheat the Income Tax Department (I-T Department). But the I-T Department has its own ways to catch such violators.
Tue, Jun 22, 2021
There is a big alert for taxpayers. The Income Tax department has developed a system to identify non-filers of income tax. These tax escapees will be identified and levied higher TDS.
Mon, Apr 05, 2021
Recently, in a major development pertaining to taxation, the Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal.
Sun, Apr 04, 2021
The Financial Year 2021-22 is here. A number of financial rules have already been changed.
Mon, Mar 22, 2021
There is not even 10 days left in the Financial Year 2020-21. As we enter in a new Financial Year, it is imperative that we finish the tasks associated with ongoing FY.
Have you filed your Income Tax for Financial Year 2020-21? If not, it's high time you do that. Income Tax India has issued alert for all those who are yet to file their return. It has urged the taxpayers to complete the exercise at the earliest.
Sat, Mar 20, 2021
As the current financial year will end on March 31, there are several financial tasks one should complete in order to avoid penalty and avail benefits. Right from PAN-Aadhaar linking, revised ITR filing to LTC bill submission, there are tasks that need to be completed before we step in new financial year.
Mon, Feb 01, 2021
Income Tax slab is the most sought after aspect of any year's Budget speech.
Thu, Jan 21, 2021
Income Tax ITR Refund Status: In a major development, the Income Tax department has confirmed said it has issued over Rs 1.76 lakh crore worth refunds to over 1.65 crore taxpayers so far this fiscal.
Mon, Jan 18, 2021
ITR filing - Faceless assessment taxpayer charter: In a move aimed at encouraging people to pay tax voluntarily and provide them a friendly atmosphere, the Ministry of Finance has come up with faceless assessment feature.
After the Gujarat High Court rejected the petition for extension of income tax return (ITR) filing due dates and tax audit report, chartered accountants and other tax professionals have taken to social media expressing their anger against the court's judgement and are demanding relaxation in due dates and late fees in view of Covid19 pandemic
Thu, Jan 14, 2021
The last date for filing ITR in non-audit cases was January 10 and in cases of audit cases is February 15.
Wed, Jan 13, 2021
Income Tax, ITR Filing News: According to the latest statement by the Income Tax Department, ITR filed this year have risen by about 5 per cent to nearly 6 crores as more businesses and entities filed annual income statements.
Sun, Jan 10, 2021
Income Tax ITR Filing Last Date: Deadline ends today!
Sat, Jan 09, 2021
NPS Calculator: National Pension System or NPS Scheme is a market-linked pension scheme, which is quite popular with employees.
Wed, Jan 06, 2021
Income Tax ITR Filing Refund News: Are you one of those Income Tax Return (ITR) filers who are through with their ITR filing and now waiting for refund money amount?
Sun, Jan 03, 2021
Income Tax ITR Filing: The Income Tax Department has confirmed that over 4.84 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till December 31, 2020.
Thu, Dec 31, 2020
Income Tax Return Filing Deadline: In one of the biggest developments in terms of money matters and personal finance, the government on Wednesday extended the deadline to file income tax return (ITR) for individuals by 10 days to January 10, 2021
Wed, Dec 30, 2020
Income tax return filing due date: FOR INDIVIDUALS: Deadline for filing income tax returns by individuals extended by 10 days to January 10, 2021
Income tax return filing due date: Will Union Finance Minister Nirmala Sitharaman extend Income Tax Return (ITR) filing last date for tax payers?
Tue, Dec 29, 2020
Income Tax News: With just three days left for the deadline for income tax return (ITR) filing for individuals to end, the tax department asked taxpayers not to wait and instead, to file returns early.
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