Category: Income Tax

Clipped from: https://www.thehindubusinessline.com/todays-paper/cbdt-adds-4-criteria-for-mandatory-itr-filing/article65346448.ece New Indian ITR-5 Income tax Form with Indian currency and PAN or Permanent Account Number on isolated background. | Photo Credit: lakshmiprasad S

Clipped from: https://www.financialexpress.com/money/what-are-the-tax-implications-of-investments-in-global-securities-find-out/2500598/ The dividend income earned by an individual gets added to overall income, and the investor receives foreign credit to the extent of tax

Clipped from: https://www.business-standard.com/article/economy-policy/govt-seeks-to-grow-tax-base-makes-filing-must-for-tds-tcs-above-rs-25-000-122042201270_1.html In the case of senior citizens, the aggregate of Rs 50,000 apply; rule came into force on April 21 Tax experts say this

Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-four-key-income-tax-changes-from-fy22-23/2499628/ Taxpayers can now file an updated ITR within two years of the assessment year by paying additional tax Currently, we are in the

Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-optimiser-nps-perks-can-cut-sinhas-tax-by-rs-83000/articleshow/90894487.cms Synopsis Sudhir Kaushik of Taxspanner.com tells readers how they can optimise their tax by rejigging their income and investments. Pune-based professional Abinash Sinha

Clipped from: https://www.financialexpress.com/money/income-tax/work-from-home-can-you-buy-a-house-in-hometown-on-loan-and-claim-tax-deductions/2496830/ Taking advantage of work from home, many employees – especially those staying on rent in metro cities – may have shifted to their

Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-you-can-disclose-capital-gains-from-mutual-funds-and-shares-in-itr-4/2496942/ ITR-4 can be filed by individuals with income up to Rs 50 lakh from business or profession and have opted for presumptive taxation

Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-know-the-major-changes-in-itr-forms-before-you-start-filing-return-for-ay-2022-23/2493846/ The process of Income Tax Return (ITR) filing for the Assessment Year (AY) 2022-23 has been initiated with timely notification of ITR Forms

Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-know-the-major-changes-in-itr-forms-before-you-start-filing-return-for-ay-2022-23/2493846/ The process of Income Tax Return (ITR) filing for the Assessment Year (AY) 2022-23 has been initiated with timely notification of ITR Forms

Clipped from: https://www.deccanherald.com/business/know-how-to-save-tax-on-long-term-capital-gains-1095232.html The tax on capital gains arising from the transfer of a long-term capital asset, being land or building or both, can be reduced

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/finmin-notifies-e-dispute-resolution-scheme/article65297682.ece The notifications seek to implement this year’s Budget announcements Assessees with taxable income up to Rs. 50 lakh and disputed income of Rs.