The income tax (I-T) department has selected 68,000 high-value transaction cases on a pilot basis pertaining to the financial year 2019-2020 for...
Advance tax payment FY 2022-23: The Income Tax Department has appealed to taxpayers to pay their last instalment of advance tax for...
The total Income Tax Refunds issued to taxpayers between 1st April 2022 to 10th March 2023 was Rs 2.95 lakh crore, says...
Income Tax Tips: Are you tired of shelling out a huge chunk of your hard-earned money as income tax? Fear not, there are...
There are several rules and provisions for capital losses under the Income Tax Act. As a result, taxpayers should be much aware...
A tax slab determines how much tax an individual or business needs to pay based on their income Atax slab basically determines...
How to file ITR for a deceased: If a person whose income is above the threshold limit dies, then his/her legal heirs have...
Taxpayers can avail standard deduction without submitting any documents or investment proof. As announced in the Union Budget 2023, the benefit of...
Nil ITR Filing: Filing a nil ITR is similar to filing a usual ITR and does not require a special request. A nil ITR...
Income Tax: One should know that these rewards — dividend-paying stocks, bonus shares, and buyback of shares — come under the purview of income tax as...