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
When compared to pre-Covid times the income tax returns filed have not reached half of that number
A facility has been provided for the taxpayer to submit online comments if they believe the information is incorrect
Launched on June 7, the new portal had reported glitches and difficulties in the functioning in the initial period
Make a list of all the investments, insurance premiums and loan EMIs you have paid between April 1, 2020 and March 31, 2021 before you start filing.
ITR: If your gross total income does not exceed the basic exemption limit, you won't be liable to pay penalty for late filing.
In this video, Money9's Priyanka Sambhav lists the six types of income that many taxpayers forget to mention while filing returns.
CBDT has made it clear that for filing ITR, PAN and Aadhaar linkage is mandatory, unless specifically exempted
The new ITR forms need a taxpayer's break-up of interest income received from sources like savings account, fixed deposits, etc.
There is a wide difference between the number of start-ups recognised by the DPIIT and the start-ups granted deduction under section 80-IAC of I-T Act