Tag: itr
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…
Income Tax Return: What is ITR-1 or Sahaj ? Who is eligible to file?
Income Tax Returns (ITRs) are forms used by the Income Tax Department in India to declare net tax liabilities, claim tax deductions, and report gross…
Advance tax payment deadline to end tomorrow: Details here
The last day for filing advance tax for income earned in the current financial year 2022-2023 is on Wednesday. A person whose estimated liability for…
Taxman picks up 68,000 ITRs for e-verification
The income-tax department has picked up 68,000 income-tax returns for e-verification for the assessment year 2019-20 on account of discrepancy in income involving high-value transactions,…
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…
Advance tax to PAN-Aadhaar link: 5 important financial deadlines in March
The current financial year is coming to an end on March 31 and so are deadlines for several monetary tasks. Deadlines ranging from linking PAN…
itr forms: Early availability of ITR forms will improve ease of filing returns, says CBDT
The Income Tax department on Wednesday said the ITR forms for 2022-23 will be available to access from April 1, 2023, and have been notified…
New PF withdrawal rule: Check this in FY24 while filing Income Tax Return
Union finance minister Nirmala Sitharaman proposed to reduce Tax Deduction at Source (TDS) from 30% to 20% for the taxable part of the Employees’ Provident…
Consequences of Missing July 31 Deadline For ITR Filing
Consequences of Missing July 31 Deadline For ITR Filing In New Delhi: For the fiscal year 2021–2022 or assessment year 2022–2023, income tax returns (ITRs)…
“Extend Due Date Immediately” Income Tax Return Deadline Trends
As the deadline for filing income tax returns approaches, taxpayers have asked the government to extend the deadline. The deadline for filing an income tax…