By: AdminJune 28, 2024Categories: Income Tax|Income Tax News4 Min Read July 31 – the due date for filing income tax returns for the financial year 2023-24 – is now just…
Income Tax Dept releases Excel Utility of ITR-5 for AY 2024-25 for filing
By: AdminJune 12, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department issued an Update dated June 10, 2024, stating that the Excel utility for ITR-5 for AY…
Income Tax Dept Releases Utility, updated JSON Schema and Utility for MAC for Filing ITR-5 for AY 2024-25
By: AdminMay 31, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department released the Utility, updated JSON Schema and Utility for MAC for filing Income-tax Return (ITR 5)…
Modi Govt reshaped Budget in last decade: Nirmala Sitharaman
By: AdminMay 28, 2024Categories: Income Tax News|News4 Min Read Finance Minister Nirmala Sitharaman on Monday said the Modi government has reshaped the Union budget in the last 10 years from…
Dividend Tax Shift Drives 60-65% Surge in Personal Income Tax Over Four Years
By: AdminMay 28, 2024Categories: Income Tax News|News4 Min Read According to a recent report, taxes paid on dividend income have been responsible for 60-65% of the surge in personal income…
High Court gives relief to Pepsico India over Rs 2,800 crore tax demand
By: AdminMay 22, 2024Categories: Income Tax|Income Tax News4 Min Read The Delhi High Court has dismissed an appeal by the tax authorities against Pepsico India in a case related to…
Businessman Loses ₹1 Crore to ‘I-T Return’ Fraudsters
By: AdminMay 22, 2024Categories: Income Tax|Income Tax News4 Min Read A businessman from South Kolkata, who has paid over Rs 1 crore in taxes since 2020, was shocked to receive…
Tea-seller Faces Rs 49 Crore Tax Penalty Due to Fraud by Longtime Customers
By: AdminMay 22, 2024Categories: Income Tax|Income Tax News4 Min Read A tea-seller from Patan, Khemraj Dave, received a notice from the Income Tax (I-T) department, demanding a penalty of Rs…
Piles of cash worth Rs 60 crore, hidden under bed and mattress, recovered in Income Tax raids in Agra
By: AdminMay 21, 2024Categories: Income Tax|Income Tax News4 Min Read Nearly Rs 60 crore cash was recovered from a premises linked to a shoe trader in Uttar Pradesh’s Agra in…
Simplifying Income Tax Filing and Effective Tips for Tax Saving
Income tax filing can be a daunting task for many individuals, but with the right knowledge and strategies, you can navigate the process smoothly and even save money on your…