The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...
One option taxpayers have is challenging demand notice before tax appellate authorities, using the Bombay High Court's ruling ...
The proposed DOGE refund check would be issued per household, rather than to each individual taxpayer, including those ...
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Income Tax: If you deposit this much cash in your bank account in a year, you may come under the radar of the Income Tax Department..Nowadays, most people have savings accounts. They transact money through it. Many times you also deposit cash in the bank.
Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the ...
Salaried individuals with an income of up to Rs 12.75 lakh will have no tax liability after accounting for a Rs 75,000 ...
The Income Tax (IT) department went into overdrive before the end of the financial year with a spate of tax demand orders ...
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...
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