Yes, the season for filing income tax returns is coming closure. Don’t wait for Form-16 and utilise your Sundays in accumulating the documents required for filing return of income.
Discover what to do if your application for registration as a legal heir is rejected in the Income Tax portal. Understand the grounds for rejection and steps to reapply for a successful approval.
Income Tax Department is pacing with technology and now it has launched mobile application for AIS view. Now the taxpayer can view AIS within a click. The assessee can also provide feedback on information reflecting in AIS. The application launched is totally free of cost. AIS is Annual Information Statement in which Significant Financial transactions […]
Learn how to register as a legal heir on the Income Tax portal and file returns for a deceased person. Follow these steps and ensure compliance with tax obligations.
Ensure compliance with the deadline to link your PAN with Aadhar before 31st March 2023 to avoid consequences like inoperative PAN, inability to file returns, and higher TDS rates.
Learn what to do if the wrong assessment year is entered in an income tax challan. Understand the process for correction and adjustment of refunds.
Learn about significant financial transactions flagged by the Income Tax Department for FY 2022-23 (AY 2023-24) and the steps to view and reconcile them in the AIS.
Discover the SBI Amrit Kalash Deposit Scheme with lucrative interest rates for SBI employees, pensioners, and the general public. Apply online via SBI Net Banking or YONO app.
The taxpayer is required to pay tax if his income does not exceeds Rs .500000/- in both old and new regime. This limits of 500000/- has been increased to 700000/- to taxpayers who opt new tax regime.
Winnings from lottery, card games, crossword puzzles or any sort of games are taxable at flat rate of 30% as income from other sources.
