Tag results for: income tax refund above 1 lakh
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....
ITR: CBDT provided a significant update for millions of taxpayers
This information will make you pleased if you also file an ITR each year. According to a statement from the Central Board of Direct Taxes (CBDT), the processing period...
Big news for taxpayers : Income tax refund will not be deposited into such bank accounts
Income tax refund is highly anticipated by taxpayers. The financial year 2022–2023's income tax return filing deadline was July 31. This time, millions of taxpayers around the nation submitted their...
You may now file ITR using a phone, PhonePe has introduced this fantastic feature
The deadline for submitting income taxes is approaching. You can now complete income tax returns (ITR) from a mobile device as well. The financial technology and digital payment platform...
Have you provided wrong income information on your ITR? Finance Minister made new announcement
In an effort to avoid paying income tax. Some persons provide inaccurate information to the Income Tax Department regarding their income and source of income. The examination of the...
ITR filing for fiscal years 2022–2023: Rules changed! It will be a loss if ITR is not filed by July 31
If you haven't already, file your ITR by July 31. There are various benefits to submitting your ITR on time. Belated returns must be filed if you fail to...