Tag results for: capital gain distribution
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...
Keep these forms in mind while ITR filling, mistake will be heavy
Every person whose income is taxable is required to file an ITR. People who file income tax returns must do so in accordance with the various income tax slabs....
Reduce income tax using these strategies, you’ll have to do this work
Additionally, income tax is due on income. However, there are some ways to avoid paying this tax. Certain investment kinds are eligible for tax deductions under the Income Tax...