The proviso to Section 276CC provides some relief to genuine assesses/ taxpayers. Question: Can non-furnishing of income tax return attract prosecution u/s...
Discard Income Tax Return explained: The Income Tax Department, in an attempt to streamline the process of filing income tax returns further,...
The Income Tax Department has issued a reminder to taxpayers about the imminent deadline for filing the Updated Income Tax Return (ITR)...
A taxpayer acquiring foreign assets by way of inheritance would be required to furnish the details of the same in Schedule FA...
Form No. 10B/ 10BB is the audit report required to be furnished in case a taxpayer is a fund or trust or...
If someone fails to complete the verification step after ITR filing, the date of e-verification will be considered as the date of...
August 30 is the last date to verify ITR. Verification of ITR is a crucial step in the filing process and failure...
The Income Tax Department has also started notifying taxpayers, reminding them to verify their tax returns before the due date. The last...
Many taxpayers plan investments or family vacations around their expected tax refunds. However, you might not have received your tax refund for...
The income tax department on Sunday reiterated that ITR filers need to verify their returns as soon as possible in case they...