An SBI report predicts a surge in the average income of the Indian middle-class population, and the number of people filing income tax returns will increase by 85.3 per cent by FY2047.
Avoid late filing of ITR to save on interest and late fees. Learn about the necessary documents, relevant ITR forms, and deductions.
Here's a comparative analysis of expert-assisted and self-assisted rates on the top five ITR filing services platforms. Explore additional CA services at extra cost.
If you have missed the deadline of July 31, 2023, to file Income Tax Returns (ITR), you can still file a belated return by paying a penalty before December 31, 2023.
The last date for filing income tax return is July 31, 2023. If you have not done it yet, you should do it now
Learn how to file income tax returns without Form 16 in this guide. Learn from expert insights and step-by-step instructions to ensure a hassle-free ITR filing for salaried individuals.
The deadline for individuals to file their income tax return for the assessment year 2023-24 was July 31, 2023. In case you missed filing your return by the due date, here are the consequences
The income tax department could send you a notice for a ‘defective’ return. Here are the reasons why your income tax return could be deemed defective, and the steps you need to take to rectify it and file a revised return
There can be many reasons for your refund not reaching you. Read on to find more.
Make sure you file your income tax return by December 31, 2022, the final deadline.
Minister of State for Finance, Pankaj Chaudhary, told Parliament in a written reply how the limit for qualifying into the EWS category is a gross income limit,...
Dec 31, 2022, is the last date for filing your late income tax returns (ITR), and if you haven’t done it yet, you may use the co-browsing feature for help in...
There are numerous instances where a proven track record of filing ITR has helped people, such as in scholarship as well as visa applications. Besides, filing...
CBDT has floated the idea of a new common income tax return (ITR) which will replace all except ITR 7 form. But for users’ convenience ITR 1 and 4 will also...
The Central Board of Direct Taxes (CBDT), the apex decision-making body in matters of income and corporate tax, in a notification said since it had last month...
Did you just get your income tax refund and wondering whether to save it, invest it, or splurge it? It would be wise to make the optimum use of it for your...
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...
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.
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...
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
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...
If you are unlikely to have any tax liability, you can submit For 15 G to the company paying you dividend income to avoid tax deduction at source. Gift...
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...
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...
