Beware! Claiming False HRA While Filing ITR Could Cost You THIS Much: Check Here
It’s important to note that you must reside in a rented house to qualify for HRA exemption under Section 10(13A).
Jun 21, 2024, 15:31 PM IST
Got Notice For Mismatch Of Transaction Amount Shown In ITR? Income Tax Department Offers Solution For Taxpayers
Taxpayers are being informed of ITR mismatch through SMS and emails as per details available with Income Tax Department.
Feb 27, 2024, 09:40 AM IST
Want To Save Money On Taxed Income? Check THESE 5 Tax-Saving Instrument
These investments may help lower your taxed income. Check top tax-saving instruments here.
Feb 18, 2024, 10:40 AM IST
Tax Season Is Here! Know Difference Between Income Tax (ITR) Return And TDS
Learning about the concepts of TDs vs ITR can help taxpayers understand what they need to do and make sure they follow the rules correctly.
Feb 17, 2024, 09:59 AM IST
Year-End Financial Checklist: 6 Must-Do Tasks Before December 31, 2023
Those who were not able to file their income tax return (ITR) on July 31, 2023 can now submit belated ITRs until December 31, 2023, with associated penalties.
Dec 29, 2023, 12:03 PM IST
Tax Season Is Here! What Is Discard Return? How To Avail It? Check Here
The "Discard" option comes as a solution for individuals who may have inadvertently submitted incorrect information while filing their ITRs.
Dec 29, 2023, 11:33 AM IST
What Is Income Tax Dept's ‘Discard ITR’ Facility? Explained In 8 Key Points
Income Tax Dept's ‘Discard ITR’ Facility can be availed only from AY 2023-24 onwards for the respective ITR.
Dec 07, 2023, 09:07 AM IST
ITR Filing By Individual taxpayers Increases By 90% To 6.37 Crore In AY 2021-22
In the last nine years, ITR filings has shown a consistent upswing, as per the Income Tax Department's Time Series Data of Direct Taxes and Income Tax Return statistics.
Oct 27, 2023, 08:53 AM IST
Section 80P Notice: Got Notices For Wrongly Claiming Tax Deductions? Income Tax Department Says THIS
In response to a query raised by tax payer, chartered accountant Nirav Choksi on X (formerly Twitter), the tax department said that "an email communication regarding this will be sent to you shortly".
Sep 05, 2023, 08:35 AM IST
ITR Refund Still Not Credited Into Your Bank Account? It Could Be Due To One SMALL MISTAKE
Incase you've completed your ITR submission but have yet to verified it, there are three concerns that should be cause of your concern, check them out.
Aug 23, 2023, 15:05 PM IST
5 Income Tax Rules Regarding ITR Refund You Should Know
Filed ITR FY 2022-23 and eligible for Income Tax Refund? Check these important points
Aug 16, 2023, 12:11 PM IST
ITR Filing Last Date: I-T Department Considering Extension Of Income Tax Filing Deadline? Belated Return Option Available Till This Date
People on social media are pointing to heavy rainfall in various parts of the country and technical problems with the ITR portal as the reasons for their inability to meet the July 31 deadline.
Aug 01, 2023, 10:38 AM IST
ITR Filing Last Date: What If You File Your Tax Return After July 31? Check The Consequences
Filing ITR can be done both online and offline. Not filing ITR or late filing can attract penalty up to Rs 5,000. Check the details.
Aug 01, 2023, 10:17 AM IST
ITR Filing FY 2022-23: Last Day To File ITR Today, Salaried People Using ITR-1 SAHAJ Should Keep These 9 Documents Handy
Before Filing Your ITR You must keep these 9 Checklist of documents or information for filing ITR-1 SAHAJ.
Jul 31, 2023, 10:01 AM IST
ITR Filing FY 2022-23: Last Day To File ITR Today, 5 Last Minute Mistakes You Should Avoid
Since today is the last day to file your ITR, you must be mindful that you don't comit any last minute error.
Jul 31, 2023, 09:21 AM IST
ITR Filing Deadline Ends In 3 Days: Several Bank Home Loan Customers Unable To Get Interest Certificate
All home loan borrowers are required to submit home loan certificates to avail tax deductions to claim tax benefits on the home loan principal and home loan interest repayment under sections 80C and 24 of the Income-tax Act, 1961, respectively
Jul 28, 2023, 08:55 AM IST
ATTENTION! Major Changes Coming Into Effect From August That Will Directly Impact Your Finances
The ITR must be submitted by July 31 by law. As of now, there is no plan by the administration to extend the ITR deadline.
Jul 27, 2023, 14:18 PM IST
