Income Tax Returns

Avoid Rs 10 lakh income tax penalty! Why it’s important to report foreign income, assets in ITR by December 31, 2024 – check details – Times of India

Avoid Rs 10 lakh income tax penalty! Why it’s important to report foreign income, assets in ITR by December 31, 2024 – check details – Times of India

Many taxpayers remain uncertain about the mandatory reporting requirements for foreign assets and income. (AI image) Income Tax Returns: The enactment of the Black Money law has introduced severe penalties…

Continue ReadingAvoid Rs 10 lakh income tax penalty! Why it’s important to report foreign income, assets in ITR by December 31, 2024 – check details – Times of India
Filed your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified – Times of India

Filed your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified – Times of India

Over 7.28 crore income tax returns (ITR) were filed by July 31, 2024 and approximately 5 crore of these ITRs were filed by July 26, 2024, indicating that 2.28 crore…

Continue ReadingFiled your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified – Times of India
ITR filing FY 2023-24 deadline extension: Will Income Tax Department extend the July 31, 2024 deadline for filing tax returns? – Times of India

ITR filing FY 2023-24 deadline extension: Will Income Tax Department extend the July 31, 2024 deadline for filing tax returns? – Times of India

ITR Filing FY 2023-24 deadline extension: The Income Tax Department has advised taxpayers to file their income tax returns for the financial year 2023-24 before the July 31, 2024 deadline.According…

Continue ReadingITR filing FY 2023-24 deadline extension: Will Income Tax Department extend the July 31, 2024 deadline for filing tax returns? – Times of India
ITR filing FY 2023-24: 49% taxpayers yet to file income tax return; difficulties with ITR website cited as top reason: Survey – Times of India

ITR filing FY 2023-24: 49% taxpayers yet to file income tax return; difficulties with ITR website cited as top reason: Survey – Times of India

With the Income Tax Returns (ITR) filing deadline approaching, numerous troubled netizens have reported encountering glitches on the tax-filing portal and facing significant difficulties during the procedure. A latest survey…

Continue ReadingITR filing FY 2023-24: 49% taxpayers yet to file income tax return; difficulties with ITR website cited as top reason: Survey – Times of India
ITR Filing FY 2023-24: What is Form 16 and how you can download it to file your income tax return – Times of India

ITR Filing FY 2023-24: What is Form 16 and how you can download it to file your income tax return – Times of India

ITR Filing FY 2023-24: As a salaried taxpayer, Form 16 is crucial when filing your income tax return. So, what is Form 16 and why is it important? Form 16…

Continue ReadingITR Filing FY 2023-24: What is Form 16 and how you can download it to file your income tax return – Times of India