Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...

Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...

1. Same Provisions, Same Data Requirements: The Income Tax provisions for claiming tax treaty benefits haven’t changed. Non-residents still need to provide the same basic information: their status, ...

With an organised approach, investors can seamlessly navigate tax filings, stay compliant, and avoid unnecessary penalties, ...

If the immovable property is partly financed by Bank/Lender, the TDS will be required to be deducted by the transferee on the ...

Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...

The Finance Minister said in the Lok Sabha that SMS and e-mails were sent to around 19,501 taxpayers, asking them to review ...

ELSS funds could be a good tax-saving avenue for investors opting for the old tax regime and seeking to create wealth over ...

Pune ruled that while Form 67 was filed late, it was available with CPC at the time of processing the return. The tribunal held that filing Form 67 within the due date is a procedural requirement ...

The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...