Tag results for: tax income tax return
Taxpayers receive notice from Income Tax Department for filling out ITR
You have to be aware of this news if you file income tax returns as well. The Income Tax Department is sending notices to certain taxpayers. According to the...
Eight crore people filed income tax returns last year, shattering the previous record!
8.18 crore income tax returns have been filed through December 31 of the current assessment year, according to information released by the Central Board of Direct Taxes on Monday....
You can save upto Rs 50,000 in tax by the help of Old Tax Regime!
In the budget, Finance Minister Nirmala Sitaran offered taxpayers the choice of a new tax system. This gave those in employment two choices for submitting tax returns. You will...
The ITR form released by the CBDT 3 months earlier! know the details
If you file an Income Tax Return each year, you will find this news to be beneficial. Information regarding ITR forms ITR-1 and ITR-4 for the fiscal year 2023–24...
New facility started for the taxpayers by the Income Tax Department
For the convenience of taxpayers, the Income Tax Department is introducing additional facilities if you also pay income tax annually. The Income Tax Department has been "disposing" returns lately....
Can I utilise HRA to reduce my taxes for more than one home? Know the rules here
In Mumbai, Sachin Patel resides in a rental home. His folks are tenants in yet another Ahmedabad home. He is covering the cost of both homes' rent. He possesses...