Here’s how you can pre-validate your bank account before filing ITR

The income tax filing season has started, and the last date to…

GST Amnesty scheme now available for non-filers of GSTR-9

The CBIC has notified the much-anticipated GSTR-9 amnesty scheme. The Central Tax…

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…

Tax moves to make before the year 2022 ends

Before donning your party hat and starting the countdown at midnight of…

Annual Information System (AIS): Why the need to check it every quarter

On November 1, 2021, the income tax (I-T) department introduced a new…

You may be under the radar of the Income Tax department for paying cash in hospitals

To prevent tax evasion, Income Tax officials have kept an eye on…

What are revised, belated, and updated Income Tax Returns?

The deadline to file your Income Tax Return (ITR) for AY 2022-23…

ITR Verification time limit reduced from 120 days to 30 days

The time limit for verification of electronically filed Income Tax returns is…

Why filing a belated return is not a good choice?

Around 3.7 crore ITR returns for FY 2021-22 have been filed till…

Mistakes to avoid when filing ITR

The last day to file Income Tax Return (ITR) without penalty is…