With just few hours left for the July 31 deadline to end, the scramble to file Income Tax Returns (ITR) for the financial year 2023-24 has hit a fever pitch. An extension is not in sight, leaving taxpayers and chartered accountants grappling with income tax portal glitches. Many took to X to share their last-day … Read more
Income Tax filing: The Income Tax (I-T) Department has issued a fresh notice on extension of deadline of ITR returns. The I-T department recently addressed misinformation circulating on social media platforms regarding the extension of the deadline for filing Income Tax Returns (ITR). It is to be noted that the deadline for the ITR filing … Read more
It appears to be the season of tax notices. Recently, Indian tax authorities have been actively collaborating with various government agencies to obtain financial information about individuals, and are closely monitoring high-value transactions. Income Tax Notice Spree How much tax do I have to pay? Calculate now Predictably, this has led to a surge in … Read more
The deadline to file income tax returns for FY2024 or AY2024-25 is July 31. All taxpayers should file their returns by this date either by online or offline mode. The online mode of filing returns through the e-filing portal is preferred as it doesn’t involve standing in long queues. It is a seamless and secure … Read more