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ITR Filing By Individual taxpayers Increases By 90% To 6.37 Crore In AY 2021-22

In the last nine years, ITR filings has shown a consistent upswing, as per the Income Tax Departments Time Series Data of Direct Taxes and Income Tax Return statistics. ....

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Section 80P Notice: Got Notices For Wrongly Claiming Tax Deductions? Income Tax Department Says THIS

In response to a query raised by tax payer, chartered accountant Nirav Choksi on X (formerly Twitter), the tax department said that an email communication regarding this will be sent to you shortly. ....

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ITR Refund Still Not Credited Into Your Bank Account? It Could Be Due To One SMALL MISTAKE

Incase youve completed your ITR submission but have yet to verified it, there are three concerns that should be cause of your concern, check them out. ....

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ITR Filing Last Date: What If You File Your Tax Return After July 31? Check The Consequences

Filing ITR can be done both online and offline. Not filing ITR or late filing can attract penalty up to Rs 5,000. Check the details. ....

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ITR Filing Last Date: I-T Department Considering Extension Of Income Tax Filing Deadline? Belated Return Option Available Till This Date

People on social media are pointing to heavy rainfall in various parts of the country and technical problems with the ITR portal as the reasons for their inability to meet the July 31 deadline. ....

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