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
ITR Filing: The Income Tax Department has issued the form for filing income tax return for assessment year 2024-25 (AY25) i.e. financial year 2023-24 (FY24). Returns have been filed so far by a large number of people. The Income Tax Department has made the process of filing returns quite simple. In such a situation, if … 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: The financial year 2024-25 is starting from today. People will also start filing their income tax returns from April 1. Earlier, the Indian Finance Ministry has made a big disclosure regarding the lies being spread on social media. The Ministry has written on the social media platform X that there is no change … Read more
income tax: If you are claiming HRA and are availing exemption in the name of house rent while paying income tax, then file the return carefully. The Income Tax Department is also investigating this thoroughly. According to a report, the Income Tax Department has detected fraud related to use of illegal PAN cards by individuals … Read more
ITR Filing: Income Tax Department will start paying taxes for the financial year 2023-24 i.e. assessment year 2024-25 from April 1. You can pay your income tax online as well as offline. The department has issued forms ITR-1 and ITR-4 for depositing income tax offline. It can be downloaded from the Income Tax Department portal. … 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 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