Claiming HRA exemption but tax not deducted? Income Tax Department sending notices – penalties explained – The Times of India

Tax officials are requesting verification of claims submitted in previous Income Tax Returns (ITR). (AI image) Income tax payers claiming House Rent Allowance (HRA) exemptions should take note. The Income…

Continue ReadingClaiming HRA exemption but tax not deducted? Income Tax Department sending notices – penalties explained – The Times of India

Income Tax Return Filing: Which salaried employees need to submit investment proofs to cut tax outgo? – Times of India

The Income Tax Act, 1961's old tax regime provides various tax exemptions and deductions. (AI image) Income Tax Filing FY 2024-25: Employers are currently requesting salaried employees to provide documentation…

Continue ReadingIncome Tax Return Filing: Which salaried employees need to submit investment proofs to cut tax outgo? – Times of India