New Discard Feature on Income Tax Website to be introduced from AY2023-24

The Income Tax (I-T) department has introduced a new ‘Discard ITR’ feature…

New Feature Introduced by I-T Department, Allows Taxpayers to File Now and Pay Later

Big news for taxpayers! The income tax department recently introduced a ‘Pay…

How to Claim Income Tax Refund? Important Rules for Claiming Income Tax Refund

As the deadline for filing income tax returns (ITR) approaches on July…

Mismatch in Form 16, 26AS and AIS: My TDS details are not matching in Form 16, 26AS and AIS. What should I do at the time of filing an ITR?

The deadline for filing your Income Tax Return (ITR) is approaching, and…

Income tax alert: Last date to pay your first instalment of advance tax. Check details

The income tax department has issued a reminder to all taxpayers to…

Online ITR 1 and ITR 4 forms for FY 2022-23 (AY 2023-24) are now available on the income tax e-filing portal

Following the release of the Excel utility for ITR 1 and 4…

10 income tax rule changes that kicked in from 1st April 2023

Starting on April 1, the new financial year: FY 2023-24, will commence.…

Finance Act 2023 updated: Income tax and GST amendments discussed

On Monday, Lok Sabha endorsed the changes to Finance Bill 2023 proposed…

No LTCG benefits on debt mutual funds from April 1, 2023

Let’s talk about some breaking news in the world of finance! Amendment…

ITR Mismatch: Income tax department picks up 68k cases for e-verification and to take action against 33,000 taxpayers

The income tax department has detected approximately 68,000 cases where income was…