SEBI Chairperson Madhabi Puri Buch and Husband Call Allegations ‘False and Malicious’

13 Sep 2024

In response to recent allegations, SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch have categorically denied all claims against them, describing them as "false, incorrect, malicious, and motivated." The couple released a detailed six-page joint statement on Friday, addressing the allegations surrounding their Income Tax Returns. SEBI Chairperson...

Record-Breaking ITRs Filed; Direct Tax Collections Surge 24% to Rs 8.1 Lakh Crore

12 Aug 2024

Gross direct tax collections by the government for the current financial year (2024-25) have soared by 24% compared to the same period last year, reaching Rs 8.13 lakh crore, according to data released by the Central Board of Direct Taxes (CBDT) on Monday. The previous year's figure stood at Rs...

Income Tax ITR Filing 2024 : Step-By-Step Guide To Register Online For E-Filing

04 Jul 2024

Filing your Income Tax Return (ITR) in India is not only a legal obligation but also provides several benefits for taxpayers. Here are some key advantages: Claiming Tax Refunds: If you've paid more tax than required (through TDS or advance tax), filing an ITR allows you to claim a refund....

ITR 2023-2024: Scared Of Errors? Tips For Filing Income Tax Returns

24 Jun 2024

As more taxpayers opt for electronic filing of Income Tax Returns (ITR), attention to detail becomes crucial to avoid errors and delays. Understanding the complexities arising from changes in taxation policies and schemes, here are essential tips for smooth e-filing: Selecting the Right ITR Form: Choose the correct ITR form...

ITR Filing 2024: Steer Clear Of These Mistakes When Filing Your Income Tax Return

14 Jun 2024

As the July 31 deadline for tax filing approaches, salaried taxpayers should take care when submitting their Income Tax Returns (ITR) to ensure smooth processing and avoid potential issues. While many individuals file their ITR independently, others seek assistance from professionals. Regardless of the approach, minor mistakes can lead to...

What Are The Alternatives To Form 16 For Filing Income Tax Returns?

12 Jun 2024

As the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025 approaches on July 31, 2024, salaried employees eagerly await Form 16 from their employers. However, if you find yourself without this essential document, fret not. There are various alternatives and supplementary documents to help you...

Income Tax Return Filing: 60 Days Left! Explore Tax Filing Options

03 Jun 2024

With the July 31 deadline for filing income tax returns (ITR) for the fiscal year 2023-24 approaching, taxpayers are gearing up to organize the necessary documents. Many documents are accessible online, including the income tax return filing forms on the income tax e-filing portal. It's crucial for taxpayers to select...

Salaried Individuals Advised to Delay Income Tax Return e-Filing; Here’s Reason

30 May 2024

The process for e-filing Income Tax Returns (ITR) for the financial year 2023-24 (assessment year 2024-25) has commenced on the Income Tax portal. The commonly used ITR forms were made available starting April 1 to facilitate early filing. However, salaried individuals are advised to wait until June 15 to file...