annual information statement

As the deadline for the income tax filing for the financial year 2022-23 (assessment year 2023-24) approaches on July 31, many salaried individuals look for an easy option to get their ITR filed in a hassle-free way. The Income…

RBI has given time until September to deposit Rs 2,000 notes.The Income-tax Law has defined the concept of a Statement of Financial Transaction or reportable account to keep an eye on high-value transactions carried out by the…

The last date to file the income tax return is July 31. The Income Tax Department has launched a new statement for taxpayers named Annual Information Statement (AIS). The last day to file an Income Tax Return (ITR) for the current…

NEW DELHI: With an eye on detecting cash transactions, the income tax department has set its sights on hospitals (as several are not collecting PANfrom patients), banquet halls and certain professionals. Besides, smaller towns such as…

NEW DELHI: Ahead of the income tax return filing deadline, it may help to check your Annual Information Statement (AIS) on the tax portaland flag any irregularities in it. The government is promising to help in rectifying the problem that…

The Income Tax Department on November 1 launched a new feature known as the Annual Information Statement (AIS), which is a detailed statement of all financial transactions carried out by a taxpayer in a financial year (FY). In other words,…

NEW DELHI: The finance ministry on Sunday said over three crore income tax returns have been filed for the financial year 2020-21 so far and advised taxpayers who are yet to file their return to do so at the earliest. The number of ITRs…

Image Source : PIXABAY Taxpayers can now access new I-T Annual Info Statement on e-filing…

The income tax department on Monday rolled out a new annual information statement (AIS) on its portal that provides a comprehensive view of taxpayer information and an option to submit feedback.The new AIS includes additional information…