About 6.91 crore ITRs have been filed for the current assessment year 2023-24. Out of these, 4.82 crore ITRs have been processed...
Income Tax Notice: It is imperative that taxpayers check their AIS carefully and report the mismatches, if any, to the tax authorities...
Some individuals need to get their accounts audited to ensure compliance with the tax laws. The deadline to submit the tax audit...
Individuals may receive a notice from the Income Tax Department if they have concealed their income, claimed incorrect deductions or have any...
New Delhi: The deadline for filing Income Tax Return (ITR) for the fiscal year 2022-2023 is over. Last date to file ITR...
In case there are any mismatches in the details or total tax liability, an ‘outstanding tax demand’ notice is issued by the...
An updated return can be filed at any time within 24 months from the end of the relevant assessment year. Updated Return: The...
Income Tax Demand Notice/Intimation AY 2023-24: ITR filers can receive a tax demand notice if there is a discrepancy between the tax...
Income which is accruing or arising or deemed to accrue or arise in India is also taxable in the hands of all...
In a positive move for salaried employees, the Income Tax department has announced revisions to the valuation norms for rent-free accommodation provided...