ITR Filing: Income tax filing for the financial year 2023-24 has started. A large number of people have already filed their income tax returns. However, the good thing is that many provisions for exemption in income tax have been made by the Government of India. Under Section 80C, you are given a tax exemption of … Read more
Subodh Kumar Nandan, Patna income tax: There has been an increase in the number of people filing income tax returns in the country. There are many states in the country which have left other states far behind in filing income tax. However, Bihar has reached 20th position in the country in terms of the number … Read more
ITR Filing Process: Income Tax Department has made the form related to submission of ITR for the financial year 2023-24 available on the e-filing portal. To avoid last-minute hassles, 23 thousand people have filed their returns in the last four days alone. It is necessary for any income taxpayer to file income tax return. If … Read more
Income Tax Returns: The Central Board of Direct Taxes (CBDT) said that it has given the facility to taxpayers to file their ITR for assessment year 2024-25 (relevant to FY 2023-24) from April 1, 2024. However, ITR 3, 5 and 7 forms have not been launched at present. CBDT said that the facility to file … Read more
income tax: Now only two days are left for the end of the financial year 2023-24. You will also be able to file your income tax return from April 1st. The Income Tax Department has also issued an offline form for this. You can also download these forms from the Income Tax website. However, there … Read more
income tax: Now only 12 days are left for the end of the financial year 2023-24. After this, you will have to pay tax on your income. However, women already have a standard deduction of Rs 50,000 in the tax slab. Even after this, if your tax liability is arising and you want to save … Read more
income tax: The last date for depositing advance tax for the financial year 2023-24 is today. If, for some reason, the income tax payer fails to file his tax today, he will have to pay penalty under sections 234B and 243C of Income Tax. Let us tell you that any employed person whose tax liability … Read more