Gupta said that though the investigation is on by EoW, income tax department has again last week issued a demand notice, leaving...
Senior citizens are those individuals who belong to the age groups of 60 years and above, but below 80 years. Also Read- This...
Retired individuals who receive pension must file their Income Tax Returns (ITR) as their pension is taxed as income from salary by...
If your total earnings in a financial year fall under taxable income, then it is necessary to file ITR You should promptly...
If intimation is not made by the employee, it shall be presumed that the employee continues to be in the default new...
Individual taxpayers have the option to select whether they want to be in the old tax regime, which provides for exemptions and...
Filing ITR is a crucial compliance requirement for individuals and organisations in India. Senior citizens are not automatically exempt from filing Income-tax...
Direct taxation, as we know it today, has been there in India since ancient times. An income tax return is a form...
CBDT clarification on TDS deduction for salaried employees: If an employee doesn’t intimate his/her choice of tax regime then employer can deduct...
The provisions governing the Income-tax are covered in the Income-tax Act, 1961. In India, prize money and lottery winnings are subject to...