Category: Income Tax

https://www.business-standard.com/finance/personal-finance/i-t-dept-has-taken-many-initiatives-to-ensure-ease-of-compliance-official-123070800042_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/i-t-dept-has-taken-many-initiatives-to-ensure-ease-of-compliance-official-123070800042_1.html Principal Chief Commissioner of Income Tax, Andhra Pradesh and Telangana, Mita Madhusmita was addressing a press conference on the ‘Issue of Suspicious

https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-e-verification/article67052720.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-e-verification/article67052720.ece Verification of return is an essential step to complete the ITR filing process  Balaji and Rohit catch up after a long while.

https://www.financialexpress.com/money/income-tax/income-tax-return-revision-time-limit-can-you-revise-itr-for-ay-2022-23-now/3156435/ Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-revision-time-limit-can-you-revise-itr-for-ay-2022-23-now/3156435/ Income Tax Return revision time limit and rules 2023: An updated return can be filed within 24 months from the end of

https://www.business-standard.com/finance/personal-finance/report-crypto-earnings-accurately-to-avoid-mismatch-during-verification-123070400597_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/report-crypto-earnings-accurately-to-avoid-mismatch-during-verification-123070400597_1.html New tax forms also require accurate reporting of income from intraday trading and retirement benefit accounts Every year some changes are made

https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-2-online-with-salary-capital-gains-and-other-incomes-for-fy-2022-23/articleshow/101457726.cms Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-2-online-with-salary-capital-gains-and-other-incomes-for-fy-2022-23/articleshow/101457726.cms Synopsis Read below to find out how income tax return form ITR-2 can be filed online for people with salary, capital gains

https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Synopsis If someone has more than two house properties and the additional properties are vacant, then the provisions of deemed rental will

https://taxguru.in/income-tax/capital-gains-exemptions-section-1037-54-54b-54d.html Clipped from: https://taxguru.in/income-tax/capital-gains-exemptions-section-1037-54-54b-54d.html Introduction: Since we receive greater income due to capital gains, we must pay more tax during that year. The income tax department

https://www.thehindubusinessline.com/todays-paper/tp-economy/finance-ministry-guidelines-explain-what-is-included-for-tax-levy-in-remittances-sent-abroad/article67028741.ece Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/finance-ministry-guidelines-explain-what-is-included-for-tax-levy-in-remittances-sent-abroad/article67028741.ece Tax collected at source (TCS) applicable under the Liberalised Remittance Scheme (LRS) triggered apprehensions. Finance Ministry guidelines aim to offer clarity Education

https://taxguru.in/income-tax/understanding-presumptive-taxation-benefits-india.html Clipped from: https://taxguru.in/income-tax/understanding-presumptive-taxation-benefits-india.html Introduction: In simple words, presumptive means likely but not certain, so while computing presumptive taxation, the government does not expect certain amounts,

https://taxguru.in/income-tax/presumptive-taxation-scheme-faqs.html Clipped from: https://taxguru.in/income-tax/presumptive-taxation-scheme-faqs.html The presumptive taxation scheme, governed by various sections of the Income-tax Act, provides a simplified method for calculating income for eligible taxpayers.

https://taxguru.in/income-tax/faqs-on-filing-the-return-of-income.html Clipped from: https://taxguru.in/income-tax/faqs-on-filing-the-return-of-income.html Article explains benefits of filing your return of income and why fulfilling our duty as a taxpayer is crucial. Filing income tax

https://taxguru.in/income-tax/mandatory-e-filing-appeals-itat-important-update.html Clipped from: https://taxguru.in/income-tax/mandatory-e-filing-appeals-itat-important-update.html Supreme Court of India has recently issued an order requiring all revenue appeals before the Income Tax Appellate Tribunal (ITAT) to be

https://taxguru.in/income-tax/pan-aadhaar-number-linking.html Clipped from: https://taxguru.in/income-tax/pan-aadhaar-number-linking.html As per CBDT circular F. No. 370142/14/22-TPL dated on 30th March 2022, every person who has been allotted a PAN as on 1st