Tag: annual information statement

Budget 2024 could expand AIS to include 6 more incomes of individuals
Posted in Finance

Budget 2024 could expand AIS to include 6 more incomes of individuals

The government introduced the Annual Information Statement (AIS) in Budget 2021. The objective is to make it easier for individual taxpayers to check their financial…

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The Income Tax Department introduced a mobile application called 'AIS for Taxpayers' in March. (Representative image)
Posted in Business

Income Tax Day: Step-by-step guide on using AIS app before ITR filing

As the deadline for the income tax filing for the financial year 2022-23 (assessment year 2023-24) approaches on July 31, many salaried individuals look for…

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income tax department: 68,000 cases picked up for e-verification for income mismatch in AIS, ITR for FY 2019-20
Posted in Economy

income tax department: 68,000 cases picked up for e-verification for income mismatch in AIS, ITR for FY 2019-20

As many as 68,000 cases have been picked up for e-verification by the income tax department for unreporting or under reporting of income in tax…

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