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 income tax: In today’s time, saving income tax has become a big challenge for employed people. If you are also thinking of saving your tax this year, then you should start preparing from now. If you plan tax saving systematically, you will be able to save more money. When can you withdraw money … Read more
income tax income tax: The Central Government is continuously encouraging people to file income tax. This is the reason why in the last ten years the number of people filing income tax returns has more than doubled to 7.78 crores. income tax Releasing key figures, the Central Board of Direct Taxes (CBDT) said that 7.78 … Read more
Rule Changing in 2024 Rules Changing in 2024: Today is the last day of the year 2023. The entire country is busy preparing for New Year celebrations. But do you know that there are going to be changes in many rules in the new year. Which is going to have a direct impact on your … Read more
What will happen if returns are not filed? According to the rules of the Income Tax Department, two times are fixed for depositing the tax. You can pay tax for the assessment year without penalty till a fixed date which is usually 31st June or July. After this, you can pay tax with some fine … Read more
income tax: The Income Tax Department said that it has sent advisory information to some taxpayers whose details given in their Income Tax Returns (ITR) are not matching with the information received from the reporting unit. The Income Tax Department said in a post on social media platform The department said that this is not … Read more
Income Tax Return: The Income Tax Department has notified Income Tax Return Forms 1 and 4 for the assessment year 2024-25. This form is filled by individuals and entities with total annual income up to Rs 50 lakh. This will allow individuals, other than Hindu Undivided Families (HUFs), companies with income up to Rs 50 … Read more
ITR Record of income tax return Income Tax Return: According to the Income Tax Department report, more than 7.85 crore Income Tax Returns (ITR) have been filed so far. Which has crossed the previous record of Rs 7.78 crore filed in the financial year 2022-23. The tax payer in India has created a record for … Read more
Income Tax Return 2023 Income Tax Return: The last date for filing income tax returns for salaried and employed people was kept as 31st July by the Income Tax Department. After this he is fined for filing his returns. On one hand the whole world is moving towards economic recession. On the other hand, India’s … Read more
Income Tax Return 2023 Income Tax Return: The Income Tax Department had fixed July 31 as the last date for filing income tax returns for employed people. Those who have filed their returns. Their money has started coming back. In this financial year, the department has given refund of Rs 1.50 lakh crore till October … Read more