Section 80C of the Income Tax Act allows us to save tax up to Rs 1.50 lakh if we have made investments...
Filing taxes may appear overwhelming due to the various slabs, exemptions and the different Income Tax Return (ITR) forms issued by the...
Tax filing can often seem like a daunting task with its various slabs and exemptions. That’s where tax planning steps in as...
Filing your Income Tax Return (ITR) becomes an easier process when you link your Aadhaar with your PAN (Permanent Account Number). This...
Question: The Income Tax Department has recently notified the new Income Tax Return forms applicable for Financial Year 2023-24 (Assessment Year 2024-25). Accordingly, kindly highlight the...
The government has budgeted to collect Rs 18.23 lakh crore from direct taxes (personal income tax and corporate tax), 9.75 per cent...
Income Tax Returns (ITR): The Income Tax department gives taxpayers multiple chances to fill their Income Tax Returns. December 31 was the...
The thought of getting a Section 143 (1) income tax notice for wrong information provided in the income tax return (ITR) may...
The Income Tax (IT) department has issued advisories to Non-Resident Indians (NRIs) for non-filing of Income Tax Returns (ITR) and asking them...
The Income Tax Department has streamlined the filing of Income Tax Returns (ITR) by issuing specific forms tailored to various taxpayer categories,...