Tax Exemption

High-value transaction that can invite income tax notice for you

The income tax department tracks all your high-value transactions through various sources.…

Five changes in income tax rules from 1st April

Budget 2021 was announced in Feb 2021 by the Finance Minister. Some…
Budget 2021 Expectations

Relief for Senior Citizens to File Income Tax Returns

The Union Budget presented on 1st February 2021, focused on the simplification…

Union Budget 2021-22: Personal Tax Amendments

The Union Budget 2021-22 was presented on the 1st of February 2021…

Union Budget 2021 Highlights

The Union Budget 2021-22 was presented by the Hon’ble Finance Minister Nirmala…
Tax Exemption

Made a mistake while filing return? File a Revised Return

In the last-minute rush to file the return near the deadline, there…
Tax Exemption

Ways To Check Your Income Tax Refund Status

The Central Board of Direct Taxes has issued refunds worth Rs 1,73,139…

What Can You Submit to Your HR and Avoid Higher TDS Deduction?

The mid of January is when most employers ask their employees to…

Missing ITR deadline will lead to double penalty, Finance Ministry

The income tax department received numerous requisitions to extend the last date…

ITR Filing Done So Far for AY 2020-21 & the Need for Extension in Deadline

The due date to file income tax returns (no tax audit cases)…