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itr
Itr News
AADHAAR
26 Jul 2024
Govt To Discontinue Quoting Of Aadhaar Enrolment ID For THESE Docs--But Why?
Finance Minister Nirmala Sitharaman in her Budget 2024 speech has proposed to discontinue the quoting of Aadhaar Enrolment ID in place of Aadhaar number for a few applications. Know why.
Fixed Deposit
26 Jul 2024
Cash Deposit Limit: You Can Only Deposit THIS Much Money In Your Savings A/C
From Cash Deposit, FD to Credit Card Payments and more, know how much money can you deposit in a year.
Budget 2024
25 Jul 2024
New Simplified Income Tax Law To Be Put Out For Stakeholder Consultation Soon
The Revenue Secretary further stated that the efforts of the government will continue to provide a hassle-free, simple, and collaborative approach towards the implementation of taxes.
Income tax return
25 Jul 2024
ITR Deadline Extended To August 31? Here’s What Income Tax Department Said
The tax department has also warned taxpayers about a scam going around concerning income tax refunds.
Income tax return
21 Jul 2024
Watch Out For THESE Technical Glitches Affecting Your ITR Filing: Details He
As the July 31 deadline nears, many taxpayers are asking for an extension because of ongoing technical problems.
Income tax return
21 Jul 2024
ITR Filing 2024: You can now file ITR using WhatsApp—Step-by-Step Guide
The service is designed to make tax filing simpler, particularly for over 2 crore gig workers in India who frequently miss out on refunds because the process can be quite complicated.
ITR filing FY 2023-24
17 Jul 2024
ITR Filers Continue To Face Technical Glitches, Will Deadline Be Extended?
Several online glitches and challenges are being faced by tax filers on the income tax portal.
ITR filing FY 2023-24
16 Jul 2024
ITR Filing 2024: Penalty For Late Filing, PAN Mismatch, Income Misreporting
The due date for filing ITR for FY 2023-24 is July 31, after which there will be penalty for filing ITR. Check it out.
House Rent Allowance
21 Jun 2024
Beware! Claiming False HRA While Filing ITR Could Cost You THIS Much
It’s important to note that you must reside in a rented house to qualify for HRA exemption under Section 10(13A).
Income Tax
14 May 2024
Taxpayers Can Now Check Status Of Their Feedback On Financial Transactions
Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.
New tax regime
23 Mar 2024
New Tax Regime: Consider These Deductions For Optimal Savings
Despite fewer deductions, certain allowances and exemptions remain available under the new tax regime. These are mentioned below.
Income tax deadline
23 Mar 2024
5 Must-Do Financial Tasks Before March 31
Here are the 5 tasks you must complete before March 31, 2024, to avoid penalty.
Income Tax
22 Mar 2024
Should Ultra Rich Pay Higher Tax? Check Why This Topic Is Gaining Momentum
Super tax is levied against people who earn high incomes. The topics of equity and fairness are central to the super tax discussion. Bill Gates has stated that he wants the ultra-rich to pay more taxes.
itr
27 Feb 2024
Got ITR Notice For Transaction Amount Mismatch? Here Is What You Need To Do
Taxpayers are being informed of ITR mismatch through SMS and emails as per details available with Income Tax Department.
Tax-saving instruments
18 Feb 2024
Want To Save Money On Taxed Income? Check THESE 5 Tax-Saving Instrument
These investments may help lower your taxed income. There are various ways for taxpayers to reduce their tax obligations. Tax saving can be broadly categorized into two expenses and investments.
Income tax return
17 Feb 2024
Tax Season Is Here! Know Difference Between Income Tax Return And TDS
Learning about the concepts of TDs vs ITR can help taxpayers understand what they need to do and make sure they follow the rules correctly.
ITR filing AY 2023-24
27 Oct 2023
ITR Filing By Individual taxpayer Increases By 90% To 6.37 Crore In AY 2021-22
In the last nine years, ITR filings has shown a consistent upswing, as per the Income Tax Department's Time Series Data of Direct Taxes and Income Tax Return statistics.
Sukanya Samriddhi Yojana
11 Oct 2023
International Girl Child Day: Invest Rs 177 Daily And Get Rs 30 Lakh
Sukanya Samriddhi fetches a very lucrative rate of interest which makes it a very attractive investment scheme for your girl child.
ITR filing 2023
03 Oct 2023
Over 30 lakh Audit Reports filed on IT Dept’s e-filing portal till Sept 30
The e-filing portal successfully handled the traffic, providing a seamless experience to the taxpayers and tax professionals for filing the audit reports.
ITR filing AY 2023-24
05 Sep 2023
Section 80P Notice: Got Notices For Wrongly Claiming Tax Deductions?
In response to a query raised by tax payer, chartered accountant Nirav Choksi on X (formerly Twitter), the tax department said that "an email communication regarding this will be sent to you shortly".
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