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
Taxpayers Can Now Check If Their Feedback On Financial Transactions Is Acted Upon Or Not: Income Tax Dept Launches New Functionality In AIS
Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.
May 14, 2024, 11:15 AM IST
New Tax Regime: Consider These Deductions For Optimal Savings
Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.
Mar 23, 2024, 14:03 PM IST
5 Must-Do Financial Tasks Before March 31
Here are the 5 tasks you must complete before March 31, 2024, to avoid penalty.
Mar 23, 2024, 12:24 PM IST
Explainer: Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum
Let's delve deep into whether the rich pay super tax and the reason why it sparks debate.
Mar 22, 2024, 15:19 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
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
International Girl Child Day 2023: Invest Rs 177 Daily And Get Rs 30 Lakh In Sukanya Samriddhi Yojana
Sukanya Samriddhi fetches a very lucrative rate of interest which makes it a very attractive investment scheme for your girl child.
Oct 11, 2023, 12:39 PM IST
Over 30 lakh Audit Reports filed on Income Tax Department’s e-filing portal till September 30
The e-filing portal successfully handled the traffic, providing a seamless experience to the taxpayers and tax professionals for filing the audit reports.
Oct 03, 2023, 08:51 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
