Income Tax Return Filing

The Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' as taxpayers face issues in accessing the e-filing portal.

Form 26AS is a consolidated annual tax statement that shows the details of taxes

The due date for filing income tax return without late fee is July 31, 2022 (unless extended by the government).

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

The cost inflation index is used by a taxpayer to compute gains arising out of the sale of capital assets after adjusting for inflation

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.

The Income Tax department has notified a new form for filing updated I-T returns in which taxpayers will have to give the exact reason for filing it

The Income Tax department has notified forms for filing I-T returns for 2021-22 fiscal, which also seek details of income from overseas retirement benefit accounts from taxpayers.

Income Tax Filing Date: If you miss the deadline, the IT department may impose a penalty.

Income tax returns (ITR) filing is a must for everyone, even if your tax liability is zero and your income is well below the taxable limit provided by the government. There was no change to the tax structure in the latest Union Budget, carrying forward from last year the rates and the income tax slab limits.

Filing your Income Tax can often be a confusing process for most people. This process which most people hire a Chartered Accountant can be done by yourself from the comfort of your home.

Income tax department on Wednesday said that more than 4.50 crore ITRs have been processed so far out of the total 6.26 crore ITRs filed for 2020-21

A taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said

Around six crore income tax returns have been filed on the new e-filing portal in eight months since its launch on June 7, 2021

Government will provide a one-time window to correct omissions in income tax returns, which can be filed within two years

The Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' as taxpayers face issues in accessing the e-filing portal.

Form 26AS is a consolidated annual tax statement that shows the details of taxes

The due date for filing income tax return without late fee is July 31, 2022 (unless extended by the government).

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

The cost inflation index is used by a taxpayer to compute gains arising out of the sale of capital assets after adjusting for inflation

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.

The Income Tax department has notified a new form for filing updated I-T returns in which taxpayers will have to give the exact reason for filing it

The Income Tax department has notified forms for filing I-T returns for 2021-22 fiscal, which also seek details of income from overseas retirement benefit accounts from taxpayers.

Income Tax Filing Date: If you miss the deadline, the IT department may impose a penalty.

Income tax returns (ITR) filing is a must for everyone, even if your tax liability is zero and your income is well below the taxable limit provided by the government. There was no change to the tax structure in the latest Union Budget, carrying forward from last year the rates and the income tax slab limits.

Filing your Income Tax can often be a confusing process for most people. This process which most people hire a Chartered Accountant can be done by yourself from the comfort of your home.

Income tax department on Wednesday said that more than 4.50 crore ITRs have been processed so far out of the total 6.26 crore ITRs filed for 2020-21

A taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said

Around six crore income tax returns have been filed on the new e-filing portal in eight months since its launch on June 7, 2021

Government will provide a one-time window to correct omissions in income tax returns, which can be filed within two years