Due to the impact of the second wave of the coronavirus pandemic, CBDT said it had received representations from various stakeholders for relaxation o
Under Section 269ST, a blanket restriction has been placed on the recipient on acceptance of cash for an amount of Rs 2 lakh and above
Individuals receiving income from sources other than business or profession can file ITR 2. Also, those individuals who cannot file ITR 1, will be eli
Due to the amendment in Section 1961 of the Income Tax Act, necessary changes have been made in the ITR form
From April 1, interest on EPF exceeding the limit of Rs 2.5 lakh in any year will be taxable during withdrawal
Under Section 80C, you can claim a maximum deduction of Rs 1,50, 000
The refunds issued in 2020-21 marks an increase of almost 43.2%, the I-T department said
Over 1.28 lakh declarations were filed under the scheme till February 22 involving disputed tax of Rs 98,328 crore
New Delhi: The Income Tax department on Wednesday said it has issued refunds worth over Rs 2.24 lakh crore to more than 2.37 crore taxpayers till Ma
The new financial year begins on April 1 and it is that time of the year to do your tax planning