Income tax alert: Govt allows non-resident taxpayers to manually file Form 10F till March 31 for claiming TDS benefit
The Central Board of Direct Taxes (CBDT) had in July made it mandatory for non-resident taxpayers to file Form 10F electronically to claim benefit of lower Tax Deducted at Source (TDS).
Dec 16, 2022, 08:46 AM IST
TDS on salary: CBDT issues IMPORTANT circular on salary income, check details
The circular basically explains the obligation of employers with regard to the deduction of tax at source from salaries under section 192 of the Income-tax Act, 1961 for Financial Year 2022-23.
Dec 13, 2022, 12:53 PM IST
Know how to take personal loan even if you don't have an ITR file
Continue reading to find out how to apply for a loan without submitting an ITR now.
Dec 06, 2022, 10:34 AM IST
Do minors have to file Income Tax returns? Check what ITR norms says
According to section 64(1A) of the Income Tax Act of 1961, unless specific restrictions or circumstances apply, all income generating or accruing to a minor child shall be clubbed in computing the parent's total income.
Nov 20, 2022, 18:33 PM IST
What is common ITR form that CBDT has proposed? 5 key points tax payers should know
The CBDT has proposed to make changes in the current ITRs that are in the form of designated forms wherein the taxpayer is mandatorily required to go through all the schedules, irrespective of the fact whether that particular schedule is applicable or not.
Nov 09, 2022, 11:17 AM IST
CBDT extends deadline for filing TDS for non-salary transactions till November 30
Form 26Q is used for quarterly filing of TDS returns on payments other than salary.
Oct 28, 2022, 14:41 PM IST
ITR Filing 2022-23: Finance Ministry extends ITR filing deadline till November 7
The Central Board of Direct Taxes (CBDT) said in a notification that the ITR filing due date has been extended as it had last month extended the deadline for filing audit reports.
Oct 26, 2022, 20:34 PM IST
International Girl Child Day 2022: Invest Rs 411 per day in Sukanya Samriddhi Yojana and get nearly Rs 66 lakh upon maturity for your girl child, check payment calculation here
Sukanya Samriddhi Yojana Benefits: Account can be opened with a minimum of Rs 250 and Maximum Rs 1,50,000 in a financial year. Subsequent deposit in multiple of Rs 50. Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year.
Oct 11, 2022, 11:15 AM IST
Sukanya Samriddhi Yojana: Invest Rs 411 per day and get nearly Rs 66 lakh upon maturity, check payment calculation here
Account can be opened with a minimum of Rs 250 and Maximum Rs 1,50,000 in a financial year. Subsequent deposit in multiple of Rs 50. Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year.
Sep 28, 2022, 12:15 PM IST
ITR filing 2022: Missed filing your tax return? Check rules that allow you to file ITR without penalty even after last date
The due date for filing ITR for FY 20221-22 was July 31, which has already lapsed. The common perception is that there would be a penalty for filing any ITR now?
Sep 19, 2022, 10:00 AM IST
ITR filing 2021-22: THIS income tax RULE allows filing ITR without any penalty even after last date
According to tax experts, you won’t be charged any penalty for filing ITR after 31st July in case your total income in a financial year is not above 2.5 lakhs under 234 F section of Income tax act.
Sep 09, 2022, 17:18 PM IST
ITR Filing FY 2021-22: I-T Dept gives big relief to taxpayers to claim THIS credit, here is everything you need to know
The Central Board of Direct Taxes (CBDT) has amended tax Rules providing relief to taxpayers in claiming Foreign Tax Credit (FTC).
Aug 20, 2022, 12:32 PM IST
Income Tax refund money not credited into your account? One SMALL MISTAKE can ruin your chances
If you have filed your ITR but you have not verified it, there could be three things you would be worried about. Read on.
Aug 12, 2022, 14:57 PM IST
ITR Filing 2021-22: 30-Day e-verification window for Income tax return still open; Verify your ITR online with these steps
E-verification of an ITR is necessary to complete the return filing process. There is a provision of a Rs 5000 penalty for those who fail to complete the process.
Aug 10, 2022, 13:25 PM IST
ITR Filing FY 2021-22: Check out 6 modes to e-verify your ITR
The ITR that you would have filed is for Assessment year 2022-2023 or Financial year is for the income earned between 1 April 2021 to 31 March 2022.
Aug 09, 2022, 09:22 AM IST
ITR Filing FY 2021-22: How to check tax Refund, Demand Status online, step by step guide
The Income Tax department had on August 1 tweeted that about 5.83 crore ITRs for AY 22-23 were filed till 31st July, 2022.
Aug 08, 2022, 10:18 AM IST
ITR Filing FY 2021-22: Here's how to check income tax return (ITR) refund status online
After 10 days of filing an ITR, taxpayers in India can check the status of their ITR refund.
Aug 06, 2022, 12:39 PM IST
ITR Filing 2021-22: Missed filing crypto gains in ITR? Here’s what you can do
According to Section 234F of the I-T legislation, taxpayers would be subject to a Rs 5,000 penalty if they fail to file their returns by July 31.
Aug 05, 2022, 10:16 AM IST
ITR filing FY 2021-22 deadline ends: Step-by-step guide on filing Belated ITR, late fine and everything else you MUST know
If you have not filed ITR within the deadline that ended on July 31, it doesn’t mean that the options are closed for you. Continue reading to know more about how to file ITR even after the due date, how much the late fine will have to pay, and many more rules and regulations of the government regarding Belated ITR.
Aug 04, 2022, 12:15 PM IST
Filed ITR FY 2021-22? Here are 5 income tax rules on ITR refund you MUST know
Income Tax Department allows taxpayers to claim for the extra tax paid by them. Here is the list of 5 income tax rules regarding ITR refunds that you need to know.
Aug 03, 2022, 12:48 PM IST
