Income-Tax

Missed Filing Income Tax Returns By July 31? Pay Upto Rs 10,000 Penalty & More (Check Full Details) The last for filing an income tax return (ITR) was 31 July for any common citizen, who does not have to get their accounts audited. …

July 31st Is The Last Date For Filing Income Tax Returns For These Tax Payers (Check Full Details) As we all know, July 31, 2022, is the last date to file an income tax return for the financial year 2021-22. However, there are…

No, Income Tax Portal Was Not Hacked! Govt Orders Infosys To Remove All Glitches As New IT Portal Completes 1 Year According to the department, users are facing issues with the search option on the e-filing portal and after many users…

Pay Upto Rs 5000 Penalty If Income Tax Not Filed By March 31; Double TDS, And No Interest On Refund! As we all know, the last date for filing your income tax return (ITR) for the financial year 2020-21 (AY 2021-22) was March 31. …

Crackdown Begins On Crypto Investors In India: Heavy Penalty, 30% Tax & Interest To Be Imposed The Income Tax Department is looking into high-value crypto transactions of 700 investors and could serve them notices for non-payment of…

At present, the Goods and Services Tax regime is a four-tier structure, with tax rates of 5%, 2%, 18% and 28%. In a recent development, sources cited on Sunday that in the upcoming GST Council meeting, the members could discuss raising…

Sneaky 'Dhannaseths' like these cleverly disguise themselves in order to draw attention away from their fortunes. In Kanpur, Uttar Pradesh, the income tax department has made some bizarre discoveries. Roadside Vendors Secretly…

In order to ease the process of income tax filing for taxpayers, India Post will now be allowing ITR filing at post office CSC counters. The newly created, much touted income tax portal launched on June 7, 2021, has received backlash…

The Income Tax Department of India has exempted the ‘Patanajli Research Foundation Trust’ from paying taxes for five years The Ayurvedic FMCG giant, Patanjali Group has registered a massive turnover volume of Rs 30,000 crore, which has…

The Income Tax department has informed that it is constantly working together with Infosys to resolve the existing issues on the IT portal. The new, much-promoted income tax portal launched on June 7, 2021, with the Bengaluru-based IT…