Income tax department launches ‘e-Filing lite’ for taxpayers

The income tax department has launched a new and lighter version of…

ITR filing becomes tougher for ELSS investors in FY 2018-19

Filing income tax return has become a tedious task, especially for salaried…

FM all set to make India a sustainable economy in the next 5 years

FM Nirmala Sitharaman through her first-ever maiden Budget in July 2019 has…

IT department updates the income tax return forms 2 and 5 again

The income tax department has recently made further changes to the income…

Is the extra Rs 1.5 lakh deduction for home loan announced in Budget 2019 useful?

Mr Ravi wanted to purchase a house property worth Rs 45 lakh…

FinMin: Task force for direct tax code is all set to submit report by July 31

Finance Minister, Nirmala Sitharaman, said that the work on direct tax code…

Due date to file income tax returns extended to 31 August 2019

The income tax department has extended the due date for filing income…

How to fill income from other sources in new ITR-1 form

The Income Tax Department has recently amended the ITR forms applicable for…

CBDT introduced new changes to Form 16 for FY 2018-19

The tax-filing season is here and it is time for you to…

Key Changes to ITR-1 & ITR-2 for FY 2018-19

The new Income Tax Return (ITR) forms for AY 2019-20 have been…