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…

New ITR forms notified for AY 2023-24: Key changes in new ITR forms

On February 10, 2023, the CBDT released Notification No. 04/2023, introducing revised…

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…

GST Portal: Advisory on the Sequential Return Filing under GST

Centre issued Notification No. 18/2022, dated 28th September 2022, to amend the…

The Central Board of Direct Taxes (CBDT) invites stakeholder comments up to December 15, 2022

The Central Board of Direct Taxes (CBDT) has gone ahead with a…

Filed your taxes but received a notice? Here’s what to do

With the deadline for filing Income Tax Returns (ITR) over on the…

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…