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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...
High income tax will be charged if the age is below 60 in the old tax regime
There are now two different tax systems in place in the nation. The old tax system is one, while the new tax system is the other. People are free...
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...
Important news for ITR filers, there will be issues if you don’t complete this
The fiscal year 2022–23 will soon come to a close, and the new fiscal year will begin on April 1. You will soon need to file an ITR in...
The ITR form had five changes done in secret be cautious when paying taxes
In Budget 2023 Finance Minister Nirmala Sitharaman announced a number of announcements. In addition, the Finance Minister made a significant announcement on income tax with these announcements. Finance Minister Nirmala S....