ITR Filing Rules
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Business
Fake Deductions and Rent Receipts in ITR Can Result in Heavy Fines
When claiming tax exemptions and deductions on an income tax return (ITR), one should use extreme caution. During the processing…
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Business
How Much Penalty Will be Levied for Updated, Belated or Revised ITR?
The cut-off date for submitting the original Income Tax Return or ITR was July 31, but there’s no need to…
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Business
ITR Filing Deadline is Over, Now It’s Time to File Revised Returns, Here’re the Steps
The deadline to file Income Tax Return or ITR has ended on July 31st. Now it’s time to focus on…
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Business
Alert! Your ITR Won’t Be Processed if Not E-verified, Here the Steps to Do It
ITR filing is the process through which a taxpayer honestly discloses every income source, asset, loss, expense, liability and accurate…
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Business
Everything You Need To Know About ITR Filing 2023 Updates and Deadline
The income tax return deadline has finally arrived after weeks of advertising and awareness raising to encourage individuals to complete…
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Business
Important Tax Reminder: Failure to Mention The Income In ITR Could Result In Rs 10 Lakh Penalty
The deadline for filing income taxes for fiscal year 2023-24 is July 31st. Those who fail to file their income…
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Business
Avoid These Common Mistakes While Filing Your Income Tax Return
The Income Tax Department’s deadline for filing income tax returns is July 31st. The department announced that the 1 crore…
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Business
ITR Filing: Do You Need to File ITR With Zero Tax Liability?
ITR filing last date for the financial year 2022-23 and assessment year 2023-24 is July 31, 2023. Every earning individual…
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Business
ITR Filing: How Much Deduction Can You Get for Stamp Duty and Property Registration?
Have you purchased a property in Financial Year 2022-23? If then, you can surely claim deductions to reduce your taxable…
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Business
All Types of ITR Forms 2023 and How to Choose One For Yourself?
ITR or Income Tax Return is mandatory to file by an individual whose taxable income exceeds ₹5 lacks in a…
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Business
ITR Filing: How to Choose a Tax Regime for Yourself
Currently, in India, there exist two tax regimes: the new tax regime and the old tax regime. The new tax…
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Business
Taxpayers! No Need to Wait for Form 16, File ITR This Way
The due date for submitting the Income Tax Return (ITR) for the fiscal year 2022-23 (assessment year 2023-24) is July…
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Business
ITR Filing for FY 2023-24: Common Mistakes People Always Do
Now that the e-filing portal has been enabled taxpayers can now begin filing Income Tax Return or ITR for the…
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Business
Income Tax Department is Issuing Tax Evasion Notices, Here’s All You Want to Know
It has been more than a month since the new financial year 2023-24 has begun. While the taxpayers are busy…
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Business
ITR Filing AY 2023-24: Excel Utilities Enabled for ITR-1, ITR-4
ITR or Income Tax Filing process for the financial year 2022-23 is ongoing and IT Department has made available Excel…
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Business
ITR Filing Last Date: How to File ITR, How to Verify ITR, How to Download ITR
Make yourself understand one thing deadlines set by the Government for any kind of essential task are highly important to…
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Education
ITR Filing for Senior Citizens: Tax Benefits, Exemption Limit and More
Senior Citizens are not automatically relieved from filing ITR or income tax returns. They will have to file ITR if…
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Business
Attention Taxpayers!! Because Of These Reasons, You May Receive An Income Tax Notice
You should react to the income tax notification as soon as possible and supply all required documentation. Filing income tax…
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