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Tax return

I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31

I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31

Mon, Mar 04, 2024

The Central Board of Direct Taxes (CBDT) said in some ITRs filed for A.Y. 2021-22 (F.Y. 2020-21), a 'mismatch' has been identified, between the information filed in the ITR vis-à-vis information of specified financial transactions, as available with the department.

Avoid Heavy Penalties: The Consequences of Mishandling Tax Returns

Avoid Heavy Penalties: The Consequences of Mishandling Tax Returns

Mon, Jul 31, 2023

Tax will have to be saved by wrong means, income tax return of employed people will be scrutinized, know full details in this video

Aapki Khabar Aapka Fayda: Know the correct procedure to file ITR?

Aapki Khabar Aapka Fayda: Know the correct procedure to file ITR?

Mon, Jul 24, 2023

The time has come to fill Income Tax Return, in this case you should know the complete ABCD of tax return. Every small and big thing related to income tax return filing. Actually, many times people deliberately give wrong information in order to save tax. Income is understated in ITR. But such people are criminals in the eyes of the law. Then, the Income Tax Department takes action against such people as per the law. Know what is ITR and who has to file it.

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Money Guru: Are you making any mistake before filing ITR?

Money Guru: Are you making any mistake before filing ITR?

Thu, Jul 13, 2023

Income tax return: Many times people make mistakes even in choosing the right ITR form. It is necessary to choose the right ITR form first. There are many advantages of filing ITR as well. It is the month to file Income Tax Return (ITR filling). Obviously you are trying to file it on time with all your preparation. But before filing ITR do you cross check whether you have made any mistake? After all, what are the things a taxpayer should consider before filing ITR? Also know what are its benefits.

From Lokeshwar Dev to Arjun Sonka, Income Tax dept looks to name and shame defaulters

From Lokeshwar Dev to Arjun Sonka, Income Tax dept looks to name and shame defaulters

Fri, Mar 30, 2018

In full-page advertisements issued in major national dailies as part of its name and shame policy on defaulters, the department advised them to pay their tax arrears immediately. The businesses of the defaulting firms as shown in the list include food processing, bullion trading, software, real estate, breweries and manufacture of ingots. The total default amount of 24 entities from cities like Ahmedabad, Guwahati, Vijaywada, Nashik, Surat, Delhi, Vadodara, Kolkata and others, is around Rs 490 crore.

Here are salient features of Direct Tax proposals of Budget 2017

Here are salient features of Direct Tax proposals of Budget 2017

Wed, Feb 01, 2017

Read salient features of Direct Tax proposals of India's Union Budget 2017-18 announced on February 1, 2017.

Govt's income tax earning grew over 50% in past two years

Govt's income tax earning grew over 50% in past two years

Thu, Oct 27, 2016

For the AY 2012-2013, the data was already available on the public domain.

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