The last date for filing Income Tax Return (ITR Last Date) for the assessment year 2023-24 is 31 July. This time the work of filing returns is going on in full swing. So far, about 2.50 crore ITRs (ITR) have been filed. Even now a large number of income taxpayers have not filed returns. Many people feel that the…
Income Tax Return: The department has issued a big update for those filing income tax returns. The Income Tax Department said that taxpayers are facing difficulties in accessing the e-filing portal. At the same time, software company Infosys is taking proactive steps to deal with irregular movement on the portal. So that there will be…
ITR Filing: The last date for filing Income Tax Return (ITR) is approaching. Filing income tax return as early as possible can save you from many problems. There are many things to keep in mind while filing returns. For this you also need necessary documents. Under section 234A of the provisions of the Income Tax…
The deadline for filing TDS: In view of the current situation caused by the second wave of Coronavirus, the Income Tax Department has extended the last date of filing of tax deduction at source (TDS Filing Deadline) from 31 May 2021 to 30 June 2021. Earlier, the Central Board of Direct Taxes (CBDT) extended the last…
80C Rules: Whenever it comes to saving tax, the 80C rule of the Income Tax Act 1961 is discussed the most. Under this rule, any person can take a discount of up to Rs 1.5 lakh. Only those who choose the old tax system will get the benefit of this rule. Taxpayers adopting the new tax regime cannot…
The focus of the tax reforms has been on reduction in tax rates and on simplification of direct tax laws. Prime Minister Narendra Modi has launched the platform for “Transparent Taxation – Honoring the Honest” via video conferencing on the 13th of August 2020. Faceless assessment, faceless appeal, taxpayer charter are the three major pillars of the…
