Income Tax Articles

Sugar Manufacturing Co-operatives may now get their old IT demands dropped by filing applications u/s 154 and 155(19)

Posted by Vivek Jalan 05 August 2023 2283 Views

The recent amendments in the Income Tax Act have provided much-needed relief to co-operative sugar factories operating in India by allowing deductions for sugarcane purchases made at or below the government-approved price. T

Be Cautious of Fake Income Tax Refund Messages: Protect Yourself from Scammers

Posted by Rashmi 05 August 2023 1114 Views

As the Income Tax Return filing deadline for non-audit cases for the assessment year 2023-24 has passed, many taxpayers have begun receiving their refunds after their returns have been processed by the tax department.

Demystifying the Record-Breaking Surge in Income Tax Returns

Posted by Rashmi 02 August 2023 14688 Views

Record-Breaking Surge in Income Tax Returns: A Comprehensive Guide to Checking and Understanding Your ITR Status Online

Your Complete Guide to Filing Belated Income Tax Returns: Important Dates, Penalties and Benefits

Posted by Rashmi 01 August 2023 4852 Views

When you file a belated income tax return, you need to pay a late filing fee and penal interest on any taxes you owe. Here's what you need to know about filing a belated income tax return in simple English.

TDS Correction: How to revise TDS return

Posted by Aisha 31 July 2023 12933 Views

TDS returns are quarterly statements that every deductor is required to submit. These returns contain information about the tax deducted at source, the PAN numbers of the deductees, particulars of the tax collected, and details of the tax paid to the government, along with the TDS challan or receipt numbers.

Last Date 31st July 2023 To File ITR

Posted by Mitali 31 July 2023 5559 Views

Income Tax Return (ITR) is a form used to declare an individual's or entity's income and taxes paid or owed to the government during a financial year.

File Income Tax Return Even if PAN is Inoperative - A Guide

Posted by Rashmi 31 July 2023 7230 Views

According to the Income Tax Department, if you forgot to link your PAN with Aadhaar by June 30, 2023, you can still file your income tax return. The last date to file ITR for individuals not requiring audit for FY 2022-23 (AY 2023-24) is July 31, 2023.