Clipped from: https://www.financialexpress.com/money/income-tax-dept-cracks-down-on-fake-itr-refunds-bogus-deductions-exemptions-under-scanner-3914191/ To identify such irregularities, the tax department has leveraged technology tools, including data analytics, third-party sources, conduct intelligence and advanced artificial intelligence tools.
Category: Income Tax
*40,000 taxpayers withdrew Rs 1,045-crore bogus ITR claims after income tax crackdown intensifies – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/action-against-tax-evaders-40000-taxpayers-withdraw-rs-1045-crore-bogus-itr-claims-after-income-tax-crackdown-3914716/ The Income Tax Department has initiated a major action against individuals who obtained tax refunds through false tax deductions and exemptions across the country. The
*Income Tax crackdown: Employees of MNCs, PSUs and govt depts under scrutiny for fake deduction claims – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/employees-of-mncs-psus-and-govt-depts-under-scrutiny-for-fake-deduction-claims-inflated-refunds-3914816/ In a major nationwide crackdown, the Income Tax Department has turned its attention to employees of multinational companies (MNCs), public sector undertakings (PSUs), and even
***ITR Filing 2025: Filed the wrong ITR form? You could lose your refund and face… – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-2025-filed-the-wrong-itr-form-you-could-lose-your-refund-and-face-3912526/ If your capital gains exceed ₹1.25 lakh, filing ITR-1 will make your return invalid. If your capital gains exceed ₹1.25 lakh, filing ITR-1
*******How to download AIS, TIS for ITR filing FY 2024-25 (AY 2025-26) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-download-ais-tis-for-itr-filing-fy-2024-25-ay-2025-26/articleshow/122440627.cms How to download AIS Before submitting your Income Tax Return (ITR), you should have a thorough understanding of your financial activities as reported
1-Changing details on e-filing portal? Here’s how to e-verify them easily | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/changing-details-on-e-filing-portal-here-s-how-to-e-verify-them-easily-125071400791_1.html Have you updated your mobile, email or bank details on the income tax portal? Complete e-verification quickly to avoid delays in refunds and
Cost Inflation Index–what it is –Courtesy ET
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-is-cost-inflation-index-for-ltcg-tax-calculation-under-income-tax-rules/articleshow/122392522.cms Cost inflation index is a tool that helps measure the rise in cost due to inflation. What is cost inflation index? With each passing
*******ITR filing last date for FY 2024-25 is not same for all: Check due dates for salaried individuals, professionals, companies, proprietorship firms, other taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-last-date-for-fy-2024-25-is-not-same-for-all-check-due-dates-for-salaried-individuals-professionals-companies-proprietorship-firms-other-taxpayers/articleshow/122434862.cms The Income Tax Department extended the last date to file income tax returns (ITR) from July 31, 2025, to September 15, 2025, for
*******ITR verification process methods: 5 ways to e-Verify your Income Tax Return – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-verification-process-methods-5-ways-to-e-verify-your-income-tax-return/articleshow/122436556.cms Whether filing an Income Tax Return (ITR) or responding to tax notices, it is recommended to verify the process online for a seamless
*******Making these common mistakes with ITR-2 and ITR-3 while using excel based utilities? Here’s how you can fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/doing-these-common-mistakes-with-itr-2-and-itr-3-while-using-excel-based-utilities-heres-how-you-can-fix-it/articleshow/122389389.cms Follow these four solutions to prevent corruption and other tax calculation mistakes with ITR-2 and ITR-3 excel based ITR filing utilities Now that
*******Doing these common mistakes with ITR-2 and ITR-3 while using excel based utilities? Here’s how you can fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/doing-these-common-mistakes-with-itr-2-and-itr-3-while-using-excel-based-utilities-heres-how-you-can-fix-it/articleshow/122389389.cms Follow these four solutions to prevent corruption and other tax calculation mistakes with ITR-2 and ITR-3 excel based ITR filing utilities Now that
*******मृत व्यक्तीचाही भरायचा असतो Income Tax Return, जाणून घ्या तुमच्या नंतर ही जबाबदारी कोणाची | Maharashtra Times
Clipped from: https://marathi.indiatimes.com/business/business-news/itr-filing-2025-after-death-how-to-file-deceased-income-tax-return-full-process-in-marathi/articleshow/122399785.cms ITR Filing for the Deceased Person: एखाद्या व्यक्तीच्या मृत्यूनंतरही त्याच्या वतीने आयकर रिटर्न भरणे आवश्यक आहे आणि ही कायदेशीर वारसाची जबाबदारी आहे. रिटर्न
Tax refunds account for 17.6% of FY25 gross collections, payout time drops | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/tax-refunds-form-17-6-percent-of-fy25-gross-collections-125071300441_1.html Tax refunds in FY25 accounted for 17.6% of gross collections, a sharp rise from FY14. The average time to process refunds dropped to
1*****ITR Filing 2025: Filed the wrong ITR form? You could lose your refund and face… – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-2025-filed-the-wrong-itr-form-you-could-lose-your-refund-and-face-3912526/ Many individuals, unaware of the correct ITR form for their income sources, inadvertently submit ITR-1 despite having capital gains, foreign income, or professional
Income Tax Return Filling 2025 Online; घरबसल्या स्वतःच फाइल करा स्वतःचा इन्कम टॅक्स; एकदम सोपी आहे पद्धत, फक्त पाचच मिनिटं काढा! | Maharashtra Times
Clipped from: https://marathi.indiatimes.com/business/business-news/file-income-tax-return-in-minutes-from-home-use-this-simple-method-takes-just-five-minutes/articleshow/122385674.cms ITR Filing 2025 Tips: आयकर विभागाने यावेळी आयकर रिटर्न भरण्याची शेवटची तारीख 31 जुलै वरून 15 सप्टेंबरपर्यंत वाढवली आहे. तुम्ही घरबसल्या ऑनलाइन आयटीआर
ITR Filling FY 2024-25(AY 2025-26): ITR filing 2025 last date, documents required, Steps to file Income Tax Return online at home | ITR eFiling in India
Clipped from: https://indianexpress.com/article/business/itr-filling-fy-2024-25-how-to-file-itr-online-step-by-step-guide-10105486/ Income Tax Returns Filing FY 2024-25(AY 2025-26): Usually, the due date for filing ITR is July 31. However, this year, the last date
Learn with Us | Income Tax Department
Clipped from: https://www.incometax.gov.in/iec/foportal/scanning-documents Best Practices for Scanning and Uploading of Attachments Taxpayers may kindly note that whenever any document is uploaded to the e-Filing website in
Learn with Us | Income Tax Department
Clipped from: https://www.incometax.gov.in/iec/foportal/help/all-topics/co-browser-faqs Co-Browser FAQs 1. What is Co-Browsing and how does it help Taxpayer service?Co-browsing, also known as collaborative browsing, allows the Helpdesk agents to
*****NRI income tax 2025: Exemption limits, forms: Income Tax rule changes for NRIs this year | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/exemption-limits-forms-income-tax-rule-changes-for-nris-this-year-125070801070_1.html They must report Indian assets if income crosses Rs 1 cr as threshold for capital gains has increased, say experts Non-resident Indians (NRIs)
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