The Bombay High Court has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing updated and ...
The 2024-25 income tax return filing deadline has been extended due to technical issues with claiming the Section 87A rebate.
The Income Tax Department has set December 31 as the final day for disclosing foreign income and assets, as well as for ...
Recent tax updates, including revamped Form 26AS, pre-filled ITRs, flexible returns, expanded TDS/TCS, higher deductions, and ...
File your income tax return by December 31 to avoid penalties, jail term, and higher TDS rates. Be compliant to avoid ...
There are a few income tax deadlines that are set to expire on Dec 31. These include filing of belated return, Vivad Se ...
One must note that prior to issuing a refund, the Income Tax Department must ensure that certain criteria are met. One of the ...
5. Failure to submit investment proofs: To understand the chronology, one must first declare the investments to the employer ...
A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...
To give individual taxpayers more savings under the new tax regime, the government changed the income tax slabs. The ...
The 2024 income tax reforms introduces revised tax slabs, higher deductions, and simplified TDS and capital gains rules, ...
The IRS Direct File program, which lets you prepare and file your federal return for free, is expanding to 24 states for the ...