5 Benefits Of Filing Income Tax Returns
It’s income tax filing season. If you’re planning to give it a miss, here are 5 benefits of filing income tax returns that should help you change your mind.
Category Archives: Income Tax Department
High-Value Cash Transactions That Could Trigger Income Tax Scrutiny
Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the financial system and prevent illicit activities, they are not intended to discourage legitimate transactions. Understanding which transactions might draw scrutiny can help taxpayers avoid unnecessary notices or penalties.
Quick Read: What Happens If You Fail to File ITR On Time
If you missed the July 31st deadline for income tax return filing, here’s what you need to know. Long story short – you snooze, you lose.
Union Budget 2021: Highlights
Missed out on the budget? Catch up on all the highlights and what they mean for you here.
How To Pre-Validate Your Bank Account For Claiming Tax Refund
Starting this year, there is a slight tweak in the process of claiming your tax refund. Let’s find out more.
Haven’t Filed Your Income Tax Returns Yet? Here’s Why You Should!
The last date for filing Income Tax returns has been extended to 31st of August. Read on to know why it is important to file your income tax returns (ITR) on time.
Must Know: Important Documents Required For Filing ITR In 2019
Here’s the list of documents that you need to keep handy while filing ITR for FY 2018-19. Take a look.
Missed The Deadline For Tax-saving Proofs Submission? Here’s What You Can Do
Did the last date for tax-saving proof submission whoosh past without you noticing? Relax. There is still a way out.
How To Check Income Tax Refund Status Online
Didn’t receive your ITR refund yet? Don’t fret! Here’s a step-by-step guide to help you track the status of your refund online. Read on.
Everything You Need To Know About The New ITR Forms
Don’t let the new ITR forms confuse you. Here’s all you need to know about them.