income tax return

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

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
Tax planning before March 31 deadline? Tax saving fixed deposits with high interest rates – check list – The Times of India

Tax planning before March 31 deadline? Tax saving fixed deposits with high interest rates – check list – The Times of India

A Tax Saving FD represents a special term deposit that provides tax advantages under Section 80C. (AI image) It’s that time of the year again when you scramble for last…

Continue ReadingTax planning before March 31 deadline? Tax saving fixed deposits with high interest rates – check list – The Times of India
ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return? – The Times of India

ITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return? – The Times of India

ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman’s big…

Continue ReadingITR filing with latest income tax slabs post Budget 2025: Will taxpayers with income below Rs 12 lakh have to file tax return? – The Times of India
ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns – here are the consequences – Times of India

ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns – here are the consequences – Times of India

If one fails to submit a belated return by December 31, 2024, specific consequences apply. ITR filing deadline: December 31, 2024, marks the final deadline for submitting belated and revised…

Continue ReadingITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns – here are the consequences – Times of India
Salaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here – Times of India

Salaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here – Times of India

The new form will enable employees to provide information about TCS and TDS from other sources. (AI image) TDS for salaried employees: The Central Board of Direct Taxes (CBDT) has…

Continue ReadingSalaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here – Times of India
Received notice to pay additional tax? How a TDS claim rejection can lead to extra payments – Times of India

Received notice to pay additional tax? How a TDS claim rejection can lead to extra payments – Times of India

NEW DELHI: The income tax department will deny tax deducted at source (TDS) credit and flag your income tax return (ITR) if it detects any discrepancies between the TDS information…

Continue ReadingReceived notice to pay additional tax? How a TDS claim rejection can lead to extra payments – Times of India
Missed ITR deadline? Here’s how you can file a belated income tax return after July 31 – check deadline for belated ITR, penalties – Times of India

Missed ITR deadline? Here’s how you can file a belated income tax return after July 31 – check deadline for belated ITR, penalties – Times of India

Income Tax Return (ITR) Filing FY 2023-24: The deadline for filing Income Tax Returns for FY 2023-24 was July 31, 2024. However, if you haven’t been able to file your…

Continue ReadingMissed ITR deadline? Here’s how you can file a belated income tax return after July 31 – check deadline for belated ITR, penalties – Times of India
ITR Filing FY 2023-24: Which is the correct Income Tax Return form for salaried taxpayers – ITR-1 or ITR-2? Find out – Times of India

ITR Filing FY 2023-24: Which is the correct Income Tax Return form for salaried taxpayers – ITR-1 or ITR-2? Find out – Times of India

ITR filing FY 2023-24: The Income Tax Return filing deadline for FY 2023-24 is approaching, and if as a salaried taxpayer you are still wondering about the correct ITR form…

Continue ReadingITR Filing FY 2023-24: Which is the correct Income Tax Return form for salaried taxpayers – ITR-1 or ITR-2? Find out – Times of India
ITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing – Times of India

ITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing – Times of India

Income Tax Return Filing FY 2023-24: For individual taxpayers whose accounts do not need auditing, the last date to file income tax returns (ITRs) for FY 2023–24 (AY 2024–25) is…

Continue ReadingITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing – Times of India
ITR refund status for FY 2023-24: How to check income tax refund status online – here’s a step-by-step guide for incometax.gov.in & NSDL websites – Times of India

ITR refund status for FY 2023-24: How to check income tax refund status online – here’s a step-by-step guide for incometax.gov.in & NSDL websites – Times of India

ITR refund status: It is crucial to file your Income Tax Return (ITR) for FY 2023-24 (Assessment Year 2024-25) by the deadline of July 31, 2024. Failing to file your…

Continue ReadingITR refund status for FY 2023-24: How to check income tax refund status online – here’s a step-by-step guide for incometax.gov.in & NSDL websites – Times of India