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ITR Filling: Do this tax related work before 31st December, if you miss the deadline then you will be fined..Taxpayers have to file income tax returns (ITR filing) once a year. For this, a deadline is fixed by the Income Tax ...
As the end of the year approaches, taxpayers across India are reminded of the impending deadline for Income Tax Return (ITR) ...
Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...
Non-compliance can lead to penalties of up to ₹10 lakh if foreign assets exceed ₹20 lakh (excluding immovable property).
The new tax regime (NTR) lets you compute your income tax at a lower rate slab, but it renders you ineligible to claim most ...
The Bombay High Court has asked the Central Board of Direct Taxes (CBDT) to extend the deadline for filing revised and ...
Also, taxpayers who have noticed errors in their original income tax returns can revise the same by December 31.
Advance tax is also called as 'pay as you earn' tax which provisions to deposit advance tax in installments rather than at ...
The total number of individuals reporting zero taxable income in their ITRs is 4.90 crore in Assessment Year 2023-24, up from ...
Under the campaign, the taxation body will flag the mismatches in the ITR and AIS between fiscal 2022 and fiscal 2024.
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