Rules for Compensation of Loss for Taxpayers while Filing Tax Returns

Income tax The rules allow losses from business and capital assets to be adjusted against gains…

Filing your Income Tax Return? Here’s how to verify it

Tax filing does not end with filing and submitting income tax return (ITR). The last step…

Annual Information Statement: Dos and Don’ts that a Taxpayer Must Follow

Income Tax Department has recently released a new Annual Information Statement (AIS) on its portal which…

Taxpayers can now access new IT Annual Information Statement on e-filing portal

The Income Tax (IT) department today said taxpayers can now access the new Annual Information Statement…

Taxability depends on your residential status

I have a UK passport and some investments in India are mainly through mutual funds. I…

Annual information statement could make tax filing easier

tax payment It is set to become easier as taxpayers can view tax information on their…

Taxpayers can report errors through Annual Information Statement

Taxpayers can send their feedback in case of errors to the Income Tax Department online As…

Taxpayers can send feedback on Annual Information Statement online: IT Department

New Delhi : Taxpayers can send online feedback to Income Tax Department regarding any wrong entry…

Switching to the new tax regime? You can still claim deduction on home loan interest

From the beginning of this assessment year, taxpayers will have the option to choose between the…

CBDT issues over Rs 80,000 crore refunds to taxpayers between April 1 and September 27

Income Tax Department has issued over ₹The Central Board of Direct Taxes (CBDT) on Friday said…