Everyone (with some exceptions) whose estimated tax liability is Rs 10,000 or more in a financial year must pay advance tax. Illustration: Uttam Ghosh/Rediff.com The final deadline for paying the......
The Income-Tax (I-T) department has issued around 8,000 notices to salaried employees, self-employed individuals, and companies who made significant donations to charitable trusts. Illustration:......
Several changes were made to the new income-tax regime in Budget 2023. Illustration: Dominic Xavier/Rediff.com The old income-tax regime was not tinkered with and is still available. Should......
The Income-Tax (I-T) Department nowadays provides pre-filled forms to make the filing of income-tax return (ITR) easier. Illustration: Uttam Ghosh/Rediff.com Nonetheless, you must have a number of......
As these forms are quite elaborate, their early notification will give assessees more time to get the documentation and paperwork ready, and hence make complete disclosures while filing their......