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How to check your I-T refund status
Tax experts say that currently refunds are taking 7 to 15 days. The taxpayer should keep checking the status of refund from time to time.
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Don’t click ‘here’ for refunds!
Many people get conned in the name of income tax refund. How is this fraud happening? How can you save yourself from this fraud? Also how can you get
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Filing not enough, need to verify ITR too
You have 30 days from the date of filing the return to verify the return or file ITR-V. In these 30 days, the return has to be verified.
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Covid, job loss reflects in IT payers nos
There has been a sharp decline in the number of taxpayers in the country from FY 2020
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I-T notices sent to 1 lakh for income mismatch
Notices have been sent to over 1 lakh tax assessees for income mismatch and with income over Rs 50 lakh
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ITR filers rising, but 37% drop in taxpayers
For the financial year 2019-20, a total of 6.47 crore income tax returns were filed out of which 2.90 crore had zero tax liability
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Face Rs 10 lakh fine for hiding this!
The department says that hiding some information while filing income tax return may result in a fine of up to Rs 10 lakh
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Hiding this income may entail 200% fine
If you have not yet filed ITR, then understand some things very well. Some changes have been made in the return of assessment year 2023-24. One of the
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ITR must be filed for deceased too
The legal heirs of a deceased person, who has received any income, must file income tax returns on his behalf
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How is your foreign income taxed?
Residential status is important in the matter of income tax. Before imposing tax on a person, his residential status is seen. The number of days a per
