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…

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New TDS rates from October 1, 2024: What are the revised tax deducted at source rates? Check list of changes for these transactions – Times of India

The concept of TDS was introduced with an aim to collect tax from the very source of income. (AI image) New TDS rates from October 1, 2024: The Finance Bill…

Continue ReadingNew TDS rates from October 1, 2024: What are the revised tax deducted at source rates? Check list of changes for these transactions – 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