Income Tax : जानिए कैसे आईटीआर यू के माध्यम से करदाताओं को आयक...
Income Tax : Explore Section 43B (h) of the Income Tax Act, 1961, analyzing disallowances of expenses due to non-payment to MSMEs. Effective fr...
Income Tax : Explore significant changes in ITR forms for FY 2023-24: deadlines, EVC for audits, reporting modifications, taxation updates, and...
Income Tax : Learn how online gaming habits can lead to income tax scrutiny notices under Section 143(2) of the Income Tax Act, 1961. Understan...
Income Tax : Learn about the intricacies of income tax calculations with and without deductions. Explore tax slabs, deductions, and their impac...
Income Tax : Department urges taxpayers, to view their AIS through e-filing portal and file updated ITRs (ITR-U), wherever necessary. Eligible ...
Income Tax : Learn how to effectively respond to income tax notices and letters under the e-Verification Scheme 2021. Complete guide for taxpay...
Income Tax : Income Tax Department addresses concerns about mismatches in ITR and third-party data, offering a resolution guide on the Complian...
Income Tax : Stay ahead of tax compliance! Explore the latest Income Tax Return Forms (ITR Forms) notified by CBDT for A.Y. 2024-25. Get insigh...
Finance : Explore frequently asked questions (FAQs) on the registration of a Fund Management Entity (FME) and authorization of a scheme or f...
Income Tax : Explore amendments in ITR form V & Acknowledgement for A.Y 2024-25 as per Income Tax Act, 1961 & Rules, 1962. Understand filing pr...
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...
Amid disruptive weather conditions, Tax Advocates Association Gujarat pleads for an extension of the Income Tax Return filing deadline from 31st July to 31st Aug 2023.
Exposure Draft of Revised ‘Guidance Note on Tax Audit under section 44AB of Income-tax Act, 1961’ is issued by ICAI Direct Taxes Committee.
Avoid common mistakes while filing your ITR. Select the correct form, match income with Form 16 and Form 26AS, disclose necessary details, claim proper deductions, and verify your return promptly. Seek expert advice for accurate tax planning.
Income Tax Department of India requires that Income Tax Return (ITR) forms submitted. It includes details on the person’s income and the taxes that must be paid on it during the year. Data submitted with the ITR must pertain to a certain fiscal year that runs from April 1 through March 31 of the following year.
Get answers to FAQs on Income-tax Returns for Assessment Year 2023-24. Learn about income period, taxpayers’ eligibility, due dates, ITR forms, crypto trading, revised returns, AIS, and more. Stay informed for a hassle-free tax filing experience.
Facing issues with ITR filing? Explore FAQs on ITR-2 Capital Gain Schedule for FY 2022-23. Learn how to report securities & mutual funds sale, find total sale value, and compute Short-Term Capital Gain Tax. Get insights on reporting long-term capital gains, dealing with losses, and resolving errors. For expert guidance.
Learn the method to calculate the Net Annual Value (NAV) of a house property for income tax purposes. Understand the steps to compute the Gross Annual Value (GAV), deductions for rental income, and major points to consider when dealing with let-out house properties.
In the case of Gulu Hassanand Raney vs. Asst. Director of I.T. Bangalore-CPC (ITAT Mumbai), the Income Tax Appellate Tribunal (ITAT) dismissed the appeal regarding the extension of the due date for filing the income tax return. The appeal raised questions about whether the extended due date for tax audit cases could be applied to an assessee liable for audit under a different law. Read the full order and analysis here.
Understand the different types of Income Tax Return (ITR) forms and their applicability based on income sources. Learn about the limits and heads of income associated with each form. Gain insights into filing requirements and make informed decisions for tax compliance.
Stay updated with the critical deadlines in July 2023. Learn about the income tax return (ITR) filing, EPFO pension contribution, TDS submission, and PAN-Aadhaar linking. Ensure compliance to avoid penalties.