Tag results for: 80tta limit
Income Tax big update! must file your income tax return by this date or else
You must file an income tax return if you work or operate a business. The Income Tax Department states that individuals having an annual income of Rs 3 lakh...
Income Tax payers should be aware! Department is going to check it
The procedure for submitting taxes has begun. Additionally, it has frequently been seen that persons receive notices from the Income Tax Department at the same time. The IT Department...
Keep this in mind while depositing 2000 rupees note in bank to avoid receiving an Income tax notice
Before putting any 2000 rupee notes in the bank, you should surely read this news if you have any as well. Before September 30, 2023, the RBI has requested...
Don’t lie on your ITR about your income, otherwise you may get into trouble!
Fines are enforced by the Income Tax Act (ITR) for a variety of mistakes made by taxpayers. The Income Tax Department also applies penalties for underreporting and misreporting income...