The new one-page Income Tax Return (ITR) form will require you to disclose cash payments. Read on to know more.
The Income Tax (IT) department can question the authenticity of rent receipts used for tax purposes. Read on to know more.
You might have to shell out quite a bit if you file your tax returns late. Learn More.
Haven’t disclosed a part of your income while filing tax returns in the past? Now is the right time to make full use of the Income Declaration Scheme.
Filing your tax return is good but it doesn’t end there. You need to complete these steps as well.
Did you know that you can generate an electronic verification code (EVC) for e-verification of your Income Tax return (ITR) by visiting your bank ATM? Read on to know all about it.
There’s no need to panic if you’ve made an error while filing your Income Tax Return (ITR), provided you filed it within the deadline (which was 5th August 2016). It is now possible to make changes to your ITR if there were errors in your previously submitted one.
Have a question about filing your Income Tax return? Here are answers to some of the most common ones. Read on.
There are some incomes that are easy to miss when filing your IT return. Income in the form of interest is one of these. We’re going to highlight a few investments that give us interest but which people often forget to include when filing their IT return.
The truth is that no one likes to pay taxes. But since there is no escaping from tax payment, it is important to file your taxes and returns to avoid penalties and tax notices. Here are 8 common tax defaults that can land you in trouble.