Government issues guidelines to clarify TCS applicable on foreign remittances

The Ministry of Finance issued comprehensive guidelines on June 30, 2023, to…

Reporting Tax on Gains from Equity Mutual Funds in ITR for AY 2023-24

The deadline to submit the Income Tax Return (ITR) for Assessment Year…

Mismatch in Form 16, 26AS and AIS: My TDS details are not matching in Form 16, 26AS and AIS. What should I do at the time of filing an ITR?

The deadline for filing your Income Tax Return (ITR) is approaching, and…

Here’s why you should file your ITR even when you do not have tax liability

The last date to file Income Tax Return (ITR) for the financial…

Preparations to do before filing your Income Tax Return (ITR)

The due date for filing ITR (Income Tax Return) is 31 July…

Online ITR 1 and ITR 4 forms for FY 2022-23 (AY 2023-24) are now available on the income tax e-filing portal

Following the release of the Excel utility for ITR 1 and 4…

Income Tax Department releases offline ITR 2 form for eligible users

The income tax department released ITR 2 offline form for filing Income…

TDS is not applicable to the Mahila Samman Savings Scheme interest amount

The CBDT notified that Tax Deducted at Source (TDS) would apply to…

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…

IT Department Releases ITR-1, ITR-4 Offline Forms

The income tax (IT) department has released the offline ITR-1 and ITR-4…