Made a Mistake While Filing ITR? Here’s What You Can Do

If a taxpayer makes a mistake in the income tax return (ITR)…
Tax Exemption

How You can Rectify a Mistake Made While Paying Your Income Tax

Sometimes, errors occur even though we take the utmost care to avoid…
Tax

Tax implications of tendering shares in a buy-back of a listed company

A company can buy-back its shares from the existing shareholders to reduce…

Interest Subvention Scheme for MSME Extended Up to March 2021

The Ministry of Micro, Small and Medium Enterprises (MSMEs), Government of India…
Tax

What is your capital gains tax? How do you report in the ITR?

The gains on the sale of a capital asset are taxable as…
Tax

Scrip-wise details only for LTCG grandfathered up to 31 January 2018

Investors and traders need not provide scrip-wise details of capital gains or…
Tax Exemption

All ITR forms for FY 2019-20 available on e-filing portal

With ITR-6 being released on 22nd September 2020, the government has released…

Tax Query: What is my income tax liability from intraday trading in shares?

I carry on trading in equity shares on the stock exchange on…

5% TCS on Foreign Fund Transfers to Apply From October

Individuals are allowed to remit up to $250,000 abroad each year as…

Post Offices and Banks Can Now Check the Status of Your ITR Filing

From now on, taxpayers can no longer remain non-compliant as banks and…