If the verification is not completed before the due date, then the ITR form will be considered invalid and you will have...
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...
Income Tax Demand Notice/Intimation AY 2023-24: ITR filers can receive a tax demand notice if there is a discrepancy between the tax...
For policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable...
New Delhi: Net direct tax collection for the current financial year is Rs 5.84 lakh crore, which is 17.33 percent more than net...
The Income Tax Department has issued a clarification, asserting that it does not send messages containing URLs to taxpayers. This announcement comes...
Any gift of shares to a certain relative is tax exempt in the hands of the recipient. Agift could be in the...
Section 80D of the Income Tax Act allows deductions on money spent as premium for health insurance policy and for healthcare of...
Under the Sukanya Samriddhi Yojana, the interest rate is 8.0 per cent per annum, with effect from July 1 this year. The...