income tax portal

Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry is not contemplating extension of the July 31 deadline. About 5.83 crore income tax returns were filed as on…

Check important dates for the month of June 2023 Income Tax Dates: Having knowledge of the important dates pertaining to taxation is essential for taxpayers in order to prevent penalties.Income Tax Dates June, 2023: Having knowledge of the…

Section 142(1) empowers tax authorities to issue a notice seeking more clarification or further detailsAs per the guidelines, tax officers will have to send a notice under section 143(2) of the I-T Act by June 30 to the assessee regarding…

The PAN must be linked with the e-Filing facility of the Income Tax Department.Pre-validation will make it possible for the Income Tax Department to deposit any tax refund in your bank account. Income Tax Return Filing: People…

The Income Tax Act allows tax deductions for certain types of investments.Tax saving tips which can help you to save tax on your income.Income tax is one of the major sources of revenue for the government. It helps the government fund…

It's important to note that tax calculators should be used as a general guide only. The tax calculator does not purport to give correct tax calculation in all circumstances.In February 2023, the Income Tax department released a ‘tax…

​Income Tax Return​ is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax department. It also allows carry-forward of loss and…

The Income Tax Department has launched a mobile app, namely, ‘AIS for Taxpayer’ to facilitate taxpayers to view their information as available in the Annual Information Statement (AIS) / Taxpayer Information Summary (TIS).What is the Annual…

The last date for filing the Income Tax Return (ITR) in the current financial year of 2021-2022 is July 31. This means two weeks are left for taxpayers to pay the amount, and missing the deadline can lead to them paying a late fee of up to…

Taxpayers are facing issues in accessing the new Income Tax Department e-filing portal. Know the reason behind and what Infosys said. Taxpayers are facing difficulties or issues…