Tag: itr filing
14% taxpayers won’t be able to meet ITR filing deadline of July 31, 2023: Survey
More than 5 crore income tax returns (ITRs) have been filed as on July 27, 2023 and 2.6 crore have verified it. This data is…
ITR filing: What is a defective income tax return? How to rectify it?
The last date to file your income tax return (ITR) is July 31. Missing the deadline may lead to punishments ranging from ₹5,000 fine to…
From ‘ITR filing’ to Axis Bank credit card changes: Financial updates for August
The end of July is approaching, which also means the deadline for filing your Income Tax Return (ITR) is coming up soon. If you miss…
ITR filing: Penalty and other consequences if returns submitted after due date
For each assessment year (AY), the government gives taxpayers four months to consolidate their income tax details for the relevant fiscal year and submit their…
ITR filing: 5 things Gen Z taxpayers should know on saving taxes
The last date to file income tax returns (ITR) this year is July 31. If you are a Gen Z and filing your ITR for…
Income tax return: As deadline approaches, know which form to use for ITR filing
The deadline to file the Income Tax Return (ITR) for the financial year 2022-23 (assessment year 2023-24) is July 31. The IT department has notified…
Income tax return: You should avoid these errors while filing ITR
Income Tax Returns (ITRs), are forms used to declare net tax liability, claim tax deductions, and report gross taxable income. Individuals and entities whose income…