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I-T dept to step up prosecution against TDS defaulters

Concerned over latest shortfall in TDS revenue collections, the Income Tax department has decided to enhance prosecution action against large defaulters with the help of its specialised electronic......

6 common mistakes to avoid while filing income tax returns

With the online tax filing and automation of the tax process the number of mistakes made by taxpayers during filing of taxes have been reduced, but considering the importance of the information, a......

Taxpayers, here's some good news for you

You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho. Illustration: Dominic Xavier/Rediff.com In a major relief to......

E-filing of I-T returns: Taxpayers to get digital signatures

In order to weed out the hassle of sending by post a hard copy of e-filed return, the Income Tax department has decided to bring in the facility of electronic signatures for taxpayers to endorse......

I-T dept to set up new data centre to check tax evasion

To fasten the process of identifying tax evaders, the Income Tax department has decided to set up a major data centre of such classified information on the lines of the existing two such......

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