Income Tax Dept. Launches Revamped Website For Tax Filing; Finally Gives Support For Mobile Browsing - Trak.in trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
Nitin Gupta, Chairman, Central Board of Direct Taxes (CBDT), has launched a revamped national Income Tax Department website at the ‘Chintan Shivir, an event organised by the Directorate of Income Tax (Systems) at Udaipur, Rajasthan on August 26, 2023. This new Income tax department website is mobile friendly and live right now.
Once the Employees Provident Fund deduction has been deducted from an employee s salary, an employer must deposit the same in the EPF account within the prescribed time limit. However, there have been instances where an employer has failed to deposit the same on time. If the deposit is not made by the employer, it is ultimately a loss for an employee.
Certain category of businessmen and professionals are mandated by the Income tax law to get an income tax audit conducted by a chartered accountant. The last date for income tax audit is September 30, 2023 for FY 2022-23 (AY 2023-24). And the last date for ITR filing along with audit report is October 31, 2023.
If you have an net taxable income below Rs 5 lakh, then you are eligible for income tax rebate u/s 87A which will essentially make your tax liability nil. Nonetheless you should file ITR because every person whose income is above the basic exemption limit is mandated to do so.