With just days left until the March 15 deadline, the Income Tax Department has reminded taxpayers to settle their final ...

No Penalty Under Section 271AAC Would Be Imposed When the Income under Section 68 to 69D Has Been Included in The Return and Return Has Been Filed within timeframe allowed Under Section 139 (1) or ...

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...

Form 16 is a certificate issued by an employer to employees, which contains details of the employee's salary and the tax deducted at source (TDS) during the financial year.

Private sector lender Tamilnad Mercantile Bank Ltd on Tuesday (March 11) said it has received a Notice of Demand under ...

This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...

The AO initially assessed total additions amounting to ₹5.10 crores under sections such as 40a(ia) for non-deduction of TDS, unexplained cash credits under Section 68, and income from other sources.

Taxpayers can reduce tax liabilities by claiming House Rent Allowance (HRA) exemptions. Salaried individuals can claim HRA ...

With these additions, a total of 30 banks are now available for online tax payments through the e-Filing portal.

The Mumbai ITAT has quashed the reopening of assessment proceedings against the Assessee/ Appellant i.e., Shah Rukh Khan for ...

India received financial information from over 108 countries regarding foreign accounts and income in the form of interest ...