Income Tax Department
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Business
Key Income Categories To Report While Filing Income Tax Return for 2023
The Income Tax Return (ITR) is a form that is used to declare net tax liabilities, claim tax deductions, and…
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Investment
Tips To Keep In Mind While Filing Income Tax Return For First Time
Individuals who are submitting their first income tax returns may find the procedure intimidating. The government has recently made it…
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Business
Important Tax Reminder: Failure to Mention The Income In ITR Could Result In Rs 10 Lakh Penalty
The deadline for filing income taxes for fiscal year 2023-24 is July 31st. Those who fail to file their income…
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Business
A Step-by-Step Guide To Update Your Date of Exit via UAN Portal
Employees’ Provident Fund (EPF) members can now update their date of departure from a firm utilizing the online portal. This…
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Business
No Income Tax To Be Levied For Income Up to ₹7.27 Lakh Per Annum
Finance Minister Nirmala Sitharaman, praises the efforts of Prime Minister Narendra Modi and pointed out that the Government has offered…
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Business
Ensure Maximum Income Tax Refund in 2023
As the deadline for filing income tax returns (ITR) approaches, it is important to understand how to obtain income tax…
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Business
Avoid These Common Mistakes While Filing Your Income Tax Return
The Income Tax Department’s deadline for filing income tax returns is July 31st. The department announced that the 1 crore…
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Business
Advance and Self-Assessment Tax Information Missing from Prefilled Income Tax Forms
The income tax filing deadline is approaching soon, forcing tax experts to file the forms latest by July 31. The…
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Education
How to Check Aadhaar-PAN Linking Status on Your Mobile?
PAN or Permanent Account Number is an essential document that is produced and assigned by the Income Tax Department of…
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Education
PAN and Aadhaar Linking Last Date Extended, This Will Happen After June 30
The Income Tax Department has yet again extended the last date to link PAN-Aadhaar last month. So, the taxpayers who…
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Business
5 Cash Transactions That Can Invite Income Tax Notices
The Income Tax Department has become more careful and cautious about various cash transactions nowadays. Last few years, the Income…
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Business
Want to Know Income Tax Refund Status? Check With These Simple Steps Online
Income Tax Return or ITR Filing is an essential process which involves conveying the total income earned, losses occurred, assets…
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Business
Offline ITR Form 2 Released, Know Who Should File By Income Tax Department
ITR filing is a very crucial process! One should always learn all the aspects beforehand and carefully decide which ITR…
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Business
Income Tax Department is Issuing Tax Evasion Notices, Here’s All You Want to Know
It has been more than a month since the new financial year 2023-24 has begun. While the taxpayers are busy…
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Business
A Step By Step Guide For Rectifying Your Income Tax Return Data
After a person files his income tax return, the income tax department sends an intimation under Section 143(1) according to…
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Business
ITR Filing 2023: What is Form 16 For Salaried Individuals?
All eligible citizens are liable to file income tax returns to disclose their overall financial status, as mandated by the…
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Business
All About ITR-4 Sugam, Eligibility, Other Details for FY 2022-23
The Income Tax Department has notified all the income tax forms for the assessment year 2023-24 and assessment year 2022-23.…
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Education
CBDT: What Happens if You Don’t Choose Between New and Old Tax Regime
The Central Board of Direct Taxes or CBDT has recently rolled out a new notification related to the new tax…
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