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New ITR form: Here’s everything you need to know
Due to the amendment in Section 1961 of the Income Tax Act, necessary changes have been made in the ITR form
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Changes in I-T rules that you need to know
From April 1, interest on EPF exceeding the limit of Rs 2.5 lakh in any year will be taxable during withdrawal
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Five tax-saving investment options under Section 80C
Under Section 80C, you can claim a maximum deduction of Rs 1,50, 000
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I-T refunds of over Rs 2.62 lakh crore issued in FY21
The refunds issued in 2020-21 marks an increase of almost 43.2%, the I-T department said
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Deadline for filing declaration under Vivad se Vishwas scheme ends
Over 1.28 lakh declarations were filed under the scheme till February 22 involving disputed tax of Rs 98,328 crore
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I-T department issues refunds worth Rs 2.24 lakh crore
New Delhi: The Income Tax department on Wednesday said it has issued refunds worth over Rs 2.24 lakh crore to more than 2.37 crore taxpayers till Ma
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Five Income Tax rules to consider at the beginning of the fiscal year
The new financial year begins on April 1 and it is that time of the year to do your tax planning
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Only a few hours left to file your tax return for assessment year 2020-2021
If you fail to file your tax return by the stroke of midnight, you might have to face IT Department enquiry and later pay penalty and interest on the
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Haven’t filed ITR? Here’s how your cash withdrawals will be taxed
If you are non-ITR filer, and your overall cash withdrawal exceeds Rs 20 lakh, but is less than Rs 1 crore in a given financial year, 2% TDS will be d
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More than 2.24 crore taxpayers have received Rs. 2,13,823 crore in refunds: CBDT
Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
