Tag: Income Tax
Here's how you can fix your bank account details to get...
Step by step instructions to change bank account subtleties to get income tax refund after filing ITR
Senior citizens can avoid paying 10% TDS on FD interest,...
Exception from filing ITR is accessible to just such senior residents who have pay just from interest on benefits and fixed deposits.
Get a duplicate PAN card made sitting at home in just Rs...
If the first PAN card is lost or harmed, one can get a copy PAN card from the IT division and use it instead of the first. See the...
The Finance Ministry extended the deadlines for e-filing...
The deadlines were extended by CBDT after taxpayers and other stakeholders raised complains about facing difficulties in electronic...
File income tax return even if income is below exemption...
ITR Filing: For a variety of reasons, it is advisable to file a tax return, even when your taxable income is lower than this threshold....
Why you must file your returns now and not wait till September...
You are supposed to clear your tax liability by the end of the financial year, or else the dues attract penal interest.
Income Tax Return for FY21: Extra Fee to be Refunded. Do...
Income Tax Return FY21: The tax department further assured that if anyone has submitted income tax return with incorrect interest...
Tax filing deadline extended. That doesn’t mean relief...
Like last year, the government has provided relief under Section 234A to taxpayers whose self-assessment tax is up to ₹1 lakh. Interest...
Got a message on high value transaction from tax department?...
As per the Income Tax Act, 1961, interest income received from fixed deposits and savings bank account is chargeable and required...
Salaried employee working from home? Check Income Tax rules...
Income Tax Return (ITR) filing for salaried employees during work from home 2021: The Income Tax filing season has started.
Income tax: 5 sources beyond PF, PPF, NPS that are tax...
While ITR filing, the taxpayer is advised to use income tax calculator properly as there are some sources of income other than PF,...
Last date for issuing Form 16 extended till July 31: Here’s...
New deadline for employers to issue Form 16 to employees is July 31, 2021 and the individual taxpayer can file the Income Tax Return...
5 major sources of income that are tax free in India
While the Income Tax department has laid out all the specific rules pertaining to ITR as per the Income Tax Act, there are a few types...
6 Key Benefits of New Income Tax e-Filing Portal Know Details
The e-filing portal is used by the taxpayers to file their individual or business category income ITRs
Interest on tax refund not received? This may be the reason
If ITR has been furnished by the assessee on or before the due date, the interest shall be payable from April 1 of the Assessment...
Getting emails and messages for not filing income-tax returns...
Did a high-value purchase in 2019-20? Or invested large sums in mutual funds? If you haven’t filed income-tax returns for income earned...
10 High-Value Financial Transactions that can bring you...
All capital gains, dividends and interest earned will be reported to the tax department
Bought something expensive? Now, wait for IT Department's...
The SMS and email alerts sent by the tax department to such taxpayers ask them to verify the transactions under e-campaign tab of...
ITR forms for 2020-21 give taxpayers option to choose new...
The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on...
