CBDT has extended the tax audit report due date to 7th October 2022.

On the last date of filing, taxpayers faced a lot of difficulty…

Income taxpayers cannot join Atal Pension Yojana (APY) scheme from 1st October 2022

The Finance Ministry amended the Atal Pension Yojana (APY) scheme to provide…

Issuance of bonus/ right shares by public company and loan settlement by banks will not attract TDS: CBDT

Section 194R was introduced with effect from 1st July 2022 to deduct…

Spending less on your credit card could improve your credit score.

Want to improve your credit score? Spending less on your credit card…

1.97 crore taxpayers have received their refunds. What about you?

More than 1.97 crore taxpayers received refunds of over Rs. 1.14 lakh…

Turnover calculation for option traders to determine tax audit u/s 44AB

Finally, some good news for options traders as the Institute of Chartered…

6 reasons why you should file your income tax return (ITR) on time even if your yearly income is less than Rs. 2.5 lakh

Income Tax Return (ITR) filing deadline is just around the corner, i.e.…

A Checklist to Assist You in Tax Return Preparation

The last day to file Income Tax Returns (ITR) is approaching faster…

You Are Likely to Miss Including These Interest Income in Your Income Tax Return

We are just a few days away from 31st July 2022- the…

ITR-U e-filing enabled AY 2020-21 and AY 2021-22

What is ITR-U? Taxpayers will now be able to update their returns…