Tag: income tax return

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

If the employee don't disclose such asset in their schedule FA it could lead to a penalty of Rs.10 lakh ...

When one shows this income as business income they cannot offer this income under 44AD, as 44AD does not allow ...

Thus, a person could earn around 770000 under new tax regime and could end up paying only Rs.20800 in tax ...

Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt ...

Hence, if you don't have any TDS claim or don't have share transaction you can file the Income tax return ...

However, to provide relief to the senior citizens (whose age is 75 years or more) and to reduce the compliance ...

However, when the assessee were trying to download ITR V later it was showing a watermark on the verification form ...

As announced in during the presentation of Budget, 2023, the new regime of tax under section 115BAC shall be the ...

CBDT has issued FAQ related to filing of Income tax return on e-filing portal which will assist taxpayer in filing ...

As evident from above, the taxpayer is required to answer questions which apply to him and fill the schedules linked ...

In consequence to extension of due date for various reports of audit in the case of assessee's referred in clause ...

Considering the above exclusion we can say that if a person is showing his income and using the purpose code ...

Income Tax return for FY 2021-22 were announced, however till date only ITR 1, 2 and 4 were available for ...