TDS credit

Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it

by
Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it

The Income Tax Department has issued a reminder that the final installment of advance tax for the financial year 2024-25 must be settled by March 15, 2025. This means that only three days, including today, remain until the payment is completed. It is mandatory to settle all outstanding advance tax obligations by the specified date. … Read more

ITR filing: Rise in defective ITR notices noted this year. Check details, steps to address problem

by
ITR filing: Rise in defective ITR notices noted this year. Check details, steps to address problem

Defective ITR: If your income tax return is found defective, the Income Tax Department will notify you of the defect through a notice issued under section 139(9) of the Income Tax Act. This notice will be sent to your registered email address or by post. You can access and view the notice by logging into the … Read more