Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...
As the December 31 deadline for filing income tax returns approaches, taxpayers are often confused about the difference ...
Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR ...
The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been ...
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department ...
Many taxpayers have received SMS and email alerts from the Income Tax Department about the delay in refunds due to discrepancies or mismatches in ITR filings.
Taxpayers receiving emails about undisclosed foreign assets must revise returns using Schedule FA, FSI, and TR in ITR-2/3.
CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...
From Aadhaar digitisation and UPI security upgrades to new income tax slabs and pension reforms, here's a roundup of key ...
Taxpayers are entitled to their refund if the Income Tax Department's CPC fails to process their ITR within the statutory nine-month deadline from the financial year's end. This lapse means the CPC ...