Saturday, Aug 13, 2022
×
Outlook.com
×

Still Not Received Your Income Tax Refund? Here’s How To Check Status, Request For Refund

Still Not Received Your Income Tax Refund? Here’s How To Check Status, Request For Refund

There is no need to worry if you haven’t received your income tax refund yet. You will get it soon enough. But in the meanwhile, you can follow these steps to check the status of your refund, as well as raise the request for a fresh refund if you haven’t...

10 August 2022
ITR for FY21-22: PAN Card Must For TDS Return, Late Fee Applicable If Not Filed By Deadline

ITR for FY21-22: PAN Card Must For TDS Return, Late Fee Applicable If Not Filed By Deadline

An appropriate late fee will be applied if you have missed the deadline of July 31, 2022, for filing an income tax return (ITR) but file by the last date of...

06 August 2022

ITR Filing Deadline: What Should You Do If You Missed Filing Your Return By the Due Date?

If you have missed the ITR filing deadline for the assessment year 2022-23, you can still file a belated return after paying the relevant penalty.

Provident Fund Withdrawal Before Five Years Of Service Is Taxable For Employee

Provident Fund Withdrawal Before Five Years Of Service Is Taxable For Employee

Both the employee’s contribution as well as interest accrued on employer’s as well as employee’s contribution is considered taxable under ‘income from...

30 July 2022

Here’s How e-Filing Intermediaries Can Help You With Tax Filing As Last Date Nears

The due date to file income tax return is just two days away. If you are finding it difficult to do it yourself, you could take the help of experts. But this...

Advertisement
29 July 2022
Here’s How You Can File An Income Tax Return On Arrears Received For Previous Years

Here’s How You Can File An Income Tax Return On Arrears Received For Previous Years

If your total income includes past dues received as arrears this year, you need not worry about having to pay higher taxes. Here’s how to go about it


28 July 2022
How Do Legal Heirs File Income Tax Return For A Deceased Person?

How Do Legal Heirs File Income Tax Return For A Deceased Person?

Death doesn’t spare a person from tax. The taxation process continues through the deceased person’s legal heir.


23 July 2022
Here’s Why You Should Not Wait Till The Last Day To File Your Income Tax Return

Here’s Why You Should Not Wait Till The Last Day To File Your Income Tax Return

There are implications of late filing of income tax return, including penalty. But that’s not all. The government is unlikely to extend the last date of...


22 July 2022
Government Not To Extend Deadline For Filing Income Tax Returns

Government Not To Extend Deadline For Filing Income Tax Returns

Revenue Secretary Tarun Bajaj said over 2.3 crore income returns were filed by July 20 for fiscal 2021-22 and the numbers are picking up


20 July 2022
Filing Your Income Tax Return? Know The Difference Between AIS And Form 26AS

Filing Your Income Tax Return? Know The Difference Between AIS And Form 26AS

The AIS is essentially a comprehensive statement containing details of financial transactions, including income, investment, and expenditure, whereas Form 26AS...


Advertisement

16 July 2022
ITR Must If Aggregate Of Total Taxable Income Before Deduction Exceeds Exemption Limit - Tax Queries

ITR Must If Aggregate Of Total Taxable Income Before Deduction Exceeds Exemption Limit - Tax Queries

A resident individual taxpayer can claim a rebate of up to Rs. 12,500 under Section 87A, provided the net taxable income after all deductions doesn’t exceed...


15 July 2022
Kotak Mahindra Bank Completes Integration With New Income Tax Dept. Portal

Kotak Mahindra Bank Completes Integration With New Income Tax Dept. Portal

In October 2021, Kotak Mahindra became the first in-line of scheduled private sector banks to get approved as a collection partner for taxes


07 July 2022
 A DIY Guide To Filing Your Income Tax Returns This July

A DIY Guide To Filing Your Income Tax Returns This July

Come July and most salaried individuals and professionals get busy with preparations for filing their income tax return (ITR). For salaried individuals, the...


05 July 2022
Income Tax Return For FY 2021-22: How To File, Deadline, Documents, Penalty For Late Filing, Other Details

Income Tax Return For FY 2021-22: How To File, Deadline, Documents, Penalty For Late Filing, Other Details

If a taxpayer files an ITR and later realises that he/she did not record any income, then he/she has up to two years from the end of the relevant assessment...


02 July 2022
Interest Earning On SCSS Does Not Cease With Death Of Account Holder

Interest Earning On SCSS Does Not Cease With Death Of Account Holder

Interest earned on SCSS does not cease at the account holder’s death, but is paid at the rate applicable on post office saving accounts from the date of...


26 June 2022
Decoding Form 16: A Salaried Employee’s Tax Proof Certificate

Decoding Form 16: A Salaried Employee’s Tax Proof Certificate

You must have received your Form 16 from your employer if you are a salaried employee. Here are the basic details and how to go about filing your income tax...


Advertisement

04 June 2022
Gifts Received From Spouse Is Not Treated As Income Under Income Tax Laws

Gifts Received From Spouse Is Not Treated As Income Under Income Tax Laws

Under Income Tax laws, income earned on the gifts made by a spouse is required to be clubbed with the income of the spouse giving the gift


10 May 2022
Are You Done Filing Your ITR? Start Investing, Suggests Andromeda

Are You Done Filing Your ITR? Start Investing, Suggests Andromeda

If you are someone who is facing an internal battle between saving & investing, and not able to decide which way to go, it is always a good idea to learn about...


05 May 2022
When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

When Can Income Tax Returns Assessment Be Reopened And What Can You Do?

What should you do if you fail to file or correctly file your income tax return? Should you go for reopening your assessment or file an updated tax return?...


25 April 2022
Income Tax Return Filing Amendment – Financial Year 2021-22 (Assessment Year 2022-23)

Income Tax Return Filing Amendment – Financial Year 2021-22 (Assessment Year 2022-23)

Are you unsure about whether you should file an income tax return (ITR) in India? Read on to know more


16 April 2022
Kamala Harris And Husband Earn Twice As Much As Joe Biden And Wife, Show Tax Returns

Kamala Harris And Husband Earn Twice As Much As Joe Biden And Wife, Show Tax Returns

The public disclosure of income and taxes paid by the Biden-Harris administration is in sharp contrast to Donald Trump who never disclosed his taxes.


11 April 2022
The Simple 2-Step Way To Plan Your Taxes This Year 

The Simple 2-Step Way To Plan Your Taxes This Year 

For financial year 2022-23, an early start in tax planning will help make the right decisions. Here’s a simple 2-step approach along with easy-to-understand...


01 April 2022
Govt Notifies ITR Forms For 2021-22; Seeks Details Of Income From Overseas Retirement Benefit Account

Govt Notifies ITR Forms For 2021-22; Seeks Details Of Income From Overseas Retirement Benefit Account

The Income Tax returns forms 1-5 have been notified by the Central Board of Direct Taxes


31 March 2022
PAN-Aadhaar Link Deadline Is Now March 2023; PAN To Remain Operative But Linking Penalty Applies

PAN-Aadhaar Link Deadline Is Now March 2023; PAN To Remain Operative But Linking Penalty Applies

Till March 31, 2022, you can link PAN and Aadhaar for free. From April 1, a penalty will apply although your PAN will not be blocked if you do not link it with...


31 March 2022
Today Is The Last Day To File Income Tax Returns For AY2021-22: Here Is How You Can Do It

Today Is The Last Day To File Income Tax Returns For AY2021-22: Here Is How You Can Do It

Not filing an ITR would attract a fine of Rs 5,000. Income tax returns can be filed online as well as offline.


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement