Tag: ITR

Finance

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.

Finance

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...

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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...

Finance

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,...

Finance

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...

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Received dividend in FY20-21? Know the new rules before...

From FY20-21, dividends distributed by a company are taxable in the hands of the investors while prior to that companies used to deduct...

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Income Tax Return: Taxpayers Should Not Miss this Important...

The due date of issuance of Form 16 has also been extended to July 15 from June 15. All you need to know

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ITR filing deadline for FY21 extended to Sept 30

Along with that the ministry also extended the timeline for a range of compliances due to COVID-19.

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Income Tax Return for AY 2020-21: How to prepare for filing...

In case you are engaged in business or profession, please verify whether you are eligible to opt for presumptive taxation scheme based...

Finance

Here’s step by step guide to verify ITR at your nearest...

With just seven days remaining for you to file your income tax returns (ITR), you must not wait till the last moment. Early and timely...

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From ITR to PAN-Aadhaar linking: Tax-related tasks to complete...

Here’s a list of some of the tasks which need to be performed by taxpayers before March 31

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ITR e-verification: Do this to e-verify your Income Tax...

Aadhaar card is a very useful document and can be used for almost everywhere as photo identity or getting your KYC done. But do you...

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ITR not processed yet? Here's how you can resolve your...

If you are waiting for the income tax refund and not yet received it, there could be an outstanding tax demand from the income tax...

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In case of double taxation, you can get DTAA benefit

There will be no income tax implications in India on the transfer of funds from your NRO account to your brother’s NRO account

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10 income tax changes announced in Budget taxpayers should...

Finance Minister Nirmala Sitharaman did not announce big changes in income tax rules in Budget 2021 But she announced many changes...

Finance

Here's what to do if you haven’t received your tax refund...

The tax department tweeted on 23 December that it has refunded over ₹1,50,863 crore to more than 11.8 million taxpayers between 1...

Finance

COVID-19 relief to taxpayers: TDS, TCS rates reduced by...

To provide more funds at the disposal of the taxpayers in these difficult times, the TDS & TCS rates have been reduced by 25 per cent...

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ITR FY2019-20 deadline extended, but here's why you should...

It is to the taxpayer's benefit that the filing is not left to the last day of the extended period as waiting till the last minute...

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Income Tax Return filing: Tax changes to keep in mind while...

The ITR forms notified carry some significant changes. Taxpayers should bear in mind these changes while filing their ITR for AY 2020-21.

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