The case involved a taxpayer with income exceeding Rs 20 crore and TDS claims of over Rs 4.8 crore. However, the Central ...
Taxpayers get an extension until September 15th to file income tax returns for the financial year 2024-25, specifically for those not requiring audits. Accurate filing requires cross-checking income ...
A Mumbai taxpayer successfully challenged a Rs 1 crore tax demand at ITAT Mumbai after Form 26AS failed to reflect TDS credit ...
As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...
If last-minute filing led to errors in your income tax return, don’t panic—there’s still a way to make corrections.
Another important aspect of filing ITR is to pick the correct ITR form. ITR-1 (Sahaj) is for salaried taxpayers with income up to Rs 50 lakh.
Delays in tax refunds are avoidable with proper documentation and timely compliance. Many taxpayers have taken to social media to express frustration over delayed income tax refunds. Despite the ...
ITR filing deadline: With just around 30 hours remaining to file the income tax return (ITR) for AY 2025-26, the citizens are trying to make full use of the time and submit their ITR in due time to ...
Filing taxes and declaring the correct income is not just a compliance formality — it is the cornerstone of financial transparency and smooth personal as well as business financial management. With ...
As the deadline for filing the Income Tax returns (ITR) for FY- 2024-25 nears, citizens are rushing to login onto the portal. Many users on Saturday, however, reported trouble in logging in and filing ...
Want to pull in an extra income? Here's how to turn your cash into an income machine. A $100,000 investment in ASX dividend shares can yield about $5,000 annually, offering steady passive income ...
It is now a known fact that income tax refunds are quick and fast, thanks to the use of technology by the tax department. It usually takes 4-5 weeks for the refunds to be credited to the account of ...