Income Tax : Discover who must file an ITR even with income below the exemption limit. Understand key scenarios and benefits to stay compliant ...
Income Tax : Discover hassle-free tips for filing your Income Tax Return (ITR) before the July 31, 2024 deadline. Learn about necessary documen...
Income Tax : Discover the benefits of filing Income Tax Returns (ITR), including compliance with tax laws, improving credit score, visa applica...
Income Tax : Get answers to common ITR issues and FAQs for filing your tax return for AY 2024-25. Resolve filing errors and understand tax regi...
Income Tax : Stay updated with key changes and precautions in filing your Income Tax Return for FY 2023-24 to avoid penalties and ensure accura...
Corporate Law : A record 7.28 crore ITRs filed for AY 2024-25, with 5.27 crore in the New Tax Regime. Over 69.92 lakh ITRs were filed on 31st July...
Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...
Income Tax : Learn about the rise in tax returns filed in India, targeted campaigns encouraging filings, and steps taken by the government for ...
Income Tax : Discover comprehensive FAQs on filing ITR-4 (Sugam) for AY 2024-25. Learn eligibility criteria, tax regime options, documents need...
Income Tax : Learn who can file ITR-1, who cannot, necessary documents, and precautions. Understand the process of filing ITR-1 (Sahaj) online ...
Income Tax : Rajasthan High Court dismisses IT Department's appeal, upholding Jaipur Development Authority's exemption under Section 11 of the ...
Income Tax : ITAT Bangalore rules that issuing a notice under Section 143(2) of the Income Tax Act is mandatory for valid assessment after reop...
Income Tax : Detailed analysis of ITAT's decision to delete the Section 69C addition for capital introduced by a partner in the Shivam Develope...
Income Tax : Assessee can't be obstructed from availing of the benefits of the Direct Tax Vivad se Vishwas Act, 2020 (DTVSV Act) even where the...
Income Tax : Navigate complexities of personal income tax in India for FY 2023-2024. Learn about filing returns, responding to notices, and opt...
Income Tax : CBDT notifies ITR-7 [For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 13...
Income Tax : Stay updated on Income Tax rules with CBTD Notification No. 19/2024. Explore amendments effective from April 1, 2024, impacting ru...
Income Tax : CBDT notifies ITR-6 form for AY 2024-25. Companies who don't have income from property held for charitable or religious purposes c...
Income Tax : CBDT notifies ITR 1 and ITR 4 for Assessment Year (AY) 2024-25 / Financial Year (FY) 2023-24 vide Notification No. 105/2023-Incom...
Income Tax : Explore the key amendments in Income Tax Rules, 1962, effective from April 2023. Detailed analysis of ITR-7 Forms modifications an...
ITR last dates – Writ Petitions (WP) seems inevitable for directions to extend last date for filing of non-audit Income Tax Return (ITR)
Understand the tax implications of share transactions in your Income Tax Return. With the rise in Demat accounts during COVID-19, many investors are unaware of the tax impact on share dealings. The AIS/TIS form on the Income Tax portal now captures share transactions, making it crucial to disclose this information. Learn where to report income or losses from intra-day, long-term gains, short-term gains, and F&O transactions. Proper disclosure ensures compliance and prevents notices from the tax department. Stay informed and choose the right ITR form for accurate reporting.
Representation to Finance Ministry and CBDT to extend due date of filing Income Tax Returns u/s 139(1) of Income Tax Act, 1961 in non-audit cases from 31st July, 2022 to 31st August, 2022.
All Orissa Tax Bar Association has requested Finance Minister for Extension of due date for filing of Income Tax Returns (non- audited) for the FY-2022-2023 till 31st October, 2022 from 31st of July, 2022. Full text of the representation is as follows:- ALL ORISSA TAX BAR ASSOCIATION Dated: 23.07.2022 To, Ms. Nirmala Sitharaman, Hon’ble Finance […]
Ease your Income Tax E-Filing with step-by-step guidance. Understand ITR basics, importance, and who needs to file. Get ready with documents, view AIS, and download Form 26AS. Register on the portal, validate, verify, and e-file effortlessly.
Request for Extension of Due date for filing of Income Tax Returns for Non-Audit category of assesses from 31 July 2022 to 31 August 2022
Discover 9 situations making Income Tax Return (ITR) filing mandatory, including conditions like turnover exceeding Rs. 60 lakhs, gross receipts over Rs. 10 lakhs in profession, foreign travel expenses exceeding Rs. 2 lakhs, and more. Stay informed about recent amendments by CBDT through Notification No. 37/2022, dated 21-04-2022. Ensure compliance with tax regulations.
Representation requesting for Extension of due date for filing Income Tax Returns (Non-Audit and Salaried) for AY 2022-23 under section 139(1) of IT Act, 1961 with further request to permanently fix date of Filing ITRs as 31st August in future by issuing Notification
Find out who is required to file Income Tax returns mandatorily. Learn about the thresholds and criteria that determine whether you need to file.
CBDT requested to extend time limit for filing Income tax returns for non audit cases, salaried employees etc. by 1 month till 31m August 2022
