Filing income tax returns is an important financial responsibility for salaried employees. As per the Income Tax Act, 1961, ITR filing is mandatory wherein a taxpayer reports his total income in a financial year and … READ FULL STORY
Taxpayers must ensure that they file their income tax returns (ITR) before the deadline, which will enable them to get a tax refund if they have paid excess tax. The tax refund is deposited … READ FULL STORY
The deadline for filing Income Tax Returns (ITR) for financial year 2022-23 is July 31, 2023. Filing the ITR enables the taxpayer to get an income tax refund from the Income Tax Department if … READ FULL STORY
As the deadline to file income tax returns (ITR) for FY 2022-23, which is July 31, 2023, is nearing, most individual taxpayers are busy filing their tax returns online. The ITR filing process has … READ FULL STORY
Everyone has heard about ITR or Income Tax Returns. However, not everyone completely understands what this entails and why it is needed. The Income Tax Act oversees the entire process of ITR filing and … READ FULL STORY
What is an ITR? ITR or income tax return is a form, which all taxpayers in India need to fill and submit to the Income Tax (I-T) Department, to report their income and deductible … READ FULL STORY
Amid fears of the Coronavirus pandemic taking a toll on the country’s economic health, the government, on March 24, 2020, announced a slew of measures, including a tax amnesty programme and extended the deadline … READ FULL STORY
