The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...

There has been a huge increase in the number of income tax notices in India, which has become a cause of concern for ...

If successful, the account status will reflect as ‘Validated’ and ‘EVC enabled’, meaning it can be used for tax refunds and e-verification of returns. Content courtesy Centre for Investment Education ...

The ITR is a declaration of one's income to be used for showing the taxes tat have to be paid during a financial year.

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

If your monthly rent exceeds ₹50,000 and you’ve claimed HRA without deducting Tax Deducted at Source (TDS), the Income Tax Department’s automated system may flag your return.

Federal income tax is a necessary evil, but residents in a few parts of the country don't have to pay state income taxes. Eight U.S. states don't impose any kind of income tax and one only taxes ...

India will scrap a tax of 6% on digital advertisements online, the finance minister said on Tuesday, easing costs for U.S.

Pune found that CIT (A) had denied adjournment requests without proper reasoning and relied heavily on the AO’s assessment. ITAT held that in the interest of justice, the case should be reconsidered, ...

NEW DELHI, March 25 (Reuters) - India will scrap a tax of 6% on digital advertisements online, the finance minister said on Tuesday, easing costs for U.S. tech giants such as Alphabet's Google ...