If you are a salaried individual, it's beneficial to wait a little before filing your returns as updated AIS and 26AS would be uploaded on the site
Doing additional work and earning is good for financial position but it also needs to be disclosed as income in the ITR
Income tax for the year you're earning, needs to be paid in the next financial year, while advance tax needs to be paid during the earning financial y
When changing jobs in a financial year, employees should share salary details from the previous company to the new company using Form 12B
No special drive to review mismatched HRA cases, says Income Tax department
At present, the information mismatches relating to Financial Years 2021-22 and 2022-23 have been displayed on the Compliance portal
The Income Tax Department introduces various tools and features from time to time to make the process of ITR filing convenient for taxpayers. Recently
The Income Tax Department has notified ITR forms 1 and 4, which are filed by individuals and entities with annual total income of up to Rs 50 lakh, fo
The government is focusing not only on large companies but also on individuals, ranging from jobholders to small business owners
As many as 89 per cent of individuals and 88 per cent of firms say that there has been a big reduction in waiting time to get an income tax refund b