Day: June 17, 2025
Paid taxes abroad as an Indian resident? Here’s how to claim tax credit | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/paid-taxes-abroad-as-an-indian-resident-here-s-how-to-claim-tax-credit-125061700734_1.html Avoid double taxation on your foreign income. Here’s everything you need to know for smoothly claiming your foreign tax credit while filing in
IBC cases breaching resolution timeline hit 78% in FY25: Ind-Ra report
Clipped from: https://www.business-standard.com/finance/news/ibc-resolution-delays-hit-five-year-high-fy25-ind-ra-125061700784_1.html Ind-Ra notes rising resolution timelines and lowest recovery levels since FY21 under the IBC framework, cautioning this could affect bond market deepening and
*******Which ITR form you should use to file your income tax return depends on your income sources and taxpayer category: Here’s how to pick right – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/which-itr-form-you-should-use-to-file-your-income-tax-return-depends-on-your-income-sources-and-taxpayer-category-heres-how-to-pick-right/articleshow/121530539.cms Salaried employees with no more than one source of income can opt for ITR-1 Choosing the right ITR form is the first and most crucial
*******Filing ITR for FY2024-25? Mistakes in HRA claims, capital gains tax calculation are among 7 errors to avoid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/filing-itr-for-fy2024-25-mistakes-in-hra-claims-capital-gains-tax-calculation-are-among-7-errors-to-avoid/articleshow/121531335.cms Remember to incorporate all income-tax related changes introduced during Budget 2024 while filing your returns next time. At the very onset of the tax
*******Got an income tax notice? Here are common types of tax notices and what to do to avoid penalties – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/got-an-income-tax-notice-here-are-common-types-of-tax-notices-and-what-to-do-to-avoid-penalties/articleshow/121538355.cms Dont make the mistake of ignoring a tax notice, since they come with deadlines and missing them can result in penalties. Filing the
*******ITR filing for AY 2025-26: 7 prominent changes in ITR excel utilities for FY 2024-25, which taxpayers including salaried should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-ay-2025-26-7-prominent-changes-in-itr-excel-utilities-for-fy-2024-25-which-taxpayers-including-salaried-should-know/articleshow/121573221.cms ET OnlineThe tax dept is asking for more information in ITR-1 excel utility about tax deductions claims including HRA, Section 80D, and more
*******Income Tax Payment: Paying income tax using net banking, credit card or debit card? You will be charged for it if you don’t have this bank account – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/paying-income-tax-using-net-banking-credit-card-or-debit-card-you-will-be-charged-for-it-if-you-dont-have-this-bank-account/articleshow/112104890.cms You have to pay charges for paying income tax using net-banking, credit card, debit card, if you don’t have this bank account; compare
*******How to check if Aadhaar is linked with PAN | Steps to link Aadhaar and PAN card via SMS | Aadhaar PAN Card Link : आधार कार्ड पॅन कार्डसह लिंक कसे करावे? ऑनलाइन आणि ऑफलाइन प्रक्रिया जाणून घ्या..
lipped from: https://www.loksatta.com/business/finance/how-to-link-aadhaar-card-with-pan-card-know-the-online-and-offline-process-discover-news-snk-94-5160384/ How to Link Aadhaar with PAN : ज्या व्यक्तींनी १ ऑक्टोबर २०२४ पूर्वी आधार नोंदणी आयडी वापरून त्यांचे पॅन कार्ड मिळवले आहे, त्यांनी
*******Netizens face login, technical errors as ITR filing begins after delays – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/netizens-face-login-technical-errors-as-itr-filing-begins-after-delays-3882127/ Taxpayers filing their income tax returns have faced a host of technical problems on Monday — with netizens flagging login errors and multi-hour delays while
*******HC Rulings on GST Notices Issued to Deceased Individuals
Clipped from: https://www.taxscan.in/top-stories/hc-rulings-on-gst-notices-issued-to-deceased-individuals-1421833 Compilation of High Court rulings on GST demands issued to deceased persons, highlighting legal flaws and heirs’ liability under Section 93. INTRODUCTION In