ITR Filing 2024: How can you get relief under Section 89(1) for arrear money?

Your tax bill may increase if you receive arrears or additional payments, which would put you…

Income Tax: Make note of these 5 key points if you are a salaried taxpayer

As the deadline of July 31 to file income tax (I-T) returns is approaching fast, taxpayers must…

8 common mistakes to avoid while filing income tax return

Selecting the incorrect form: One of the most common mistakes people make is choosing the incorrect…

Close to 6 lakh IT returns filed within 30 days of portal’s opening: Report

The Income Tax (I-T) Department has received as many as 6 lakh returns in the first…

ITR filing 2024: What is Form 16, when is issue date and why is it crucial?

Income tax return filing: The deadline to file the Income Tax Return (ITR) for the financial…

Don’t let finances hinder your education: A guide to education loans

Nevertheless, despite diligent financial planning, the possibility of encountering a shortfall remains. In such circumstances, an…

Income tax return forms available for FY 2023-24; check details here

The Income Tax Department has now released the e-filing versions of the ITR-1, ITR-2, and ITR-4…

How does a personal loan impact tax filing?

These loans are unsecured, meaning they do not necessitate collateral, resulting in a comparatively higher interest…

I-T Dept implements e-verification to address ITR ‘mismatches’. Details

The Income Tax (I-T) Department has introduced on-screen functionality on the compliance portal of its e-filing…

FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Image used for representative purpose. File | Photo Credit: MURALI KUMAR K Resolving long-pending tax dispute,…