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These High-Value Transactions Can Invite Income Tax Notice, Check Details

Certain cash transactions beyond the specified limit should be reported to the tax authorities

It departmentIncome tax departmentSavings bankCheck detailsIncome tax returnsBank accountCurrent accountIncome taxAnnual information returnPit returnsHigh value cash transactionsIncome tax noticeIncome tax noticesCash transaction

ITR for AY 2022-23: Five things to keep in mind while filing your income tax returns

ITR filing AY 2022-23: Taxpayers should assemble all earnings and investment-related documents before filing their income tax returns.

Income tax departmentItr filingFy 2022 23Fy 2021 22Income tax returnsPit returnsThings to keep in mindAssessment yearJuly 31

Deadline For Filing Returns Approaching Read How To File Income Tax Returns, Here

Income tax is levied on the basis of a slab system. This means, different tax rates are prescribed for different ranges of income.

Income tax departmentPreparation softwareBank account numberHow to file income taxRead here as deadline approachingIncome tax slabs for financial yearAssessment yearCentral governmentTax deductedTax slab ratesNew tax regimeOld tax regimePermanent account numberIncome tax returnReturn preparation softwareSubmit return

Taxpayers Base And Income Tax Returns Rising: Direct Taxes Board Chair

The number of income tax returns has increased in FY22 over the previous fiscal,Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday.

Sangeeta singhNarendra modiTaxpayers base and income tax returns risingDirect taxes board chairCentral boardDirect taxes chair sangeeta singhPrime minister narendra modiPrincipal chief commissionersUpdated returnsPit returnsIt returns filingTaxpayers base

ITR filing: Government notifies form for filing updated income tax returns

ITR filing: Government notifies form for filing updated income tax returns - The new form (ITR-U) will be available to taxpayers for filing updated income tax returns for 2019-20 and 2020-21 fiscals.

Nirmala sitharamanShailesh kumarSandeep sehgalNangia coIt departmentIncome tax departmentIncome taxPartner tax sandeep sehgalDigital signature certificateElectronic verification codeMinister nirmala sitharamanAssessment yearMonetary policyIndian tradeIncome tax returnsItr u

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