The cash deposits prompted the department to examine whether the senior citizen had any income that…
Tag: Income Tax Return filing
Indian working in Kuwait sent home over a crore in remittances but filed no ITR; taxman treated Rs 3.63 crore as unexplained, ITAT deletes Rs 5.52 lakh and orders fresh check of Rs 2.50 crore
The absence of an original ITR became a key issue. An Indian working in Kuwait and…
Income tax refund: How soon after filing ITR can you expect your refund to be issued?
The Income Tax Department begins processing refunds only after a taxpayer completes e-verification of the return.…
ITR filing: How to pay zero tax under new and old tax regime – know all about Section 87A rebate
Under the new income tax regime, individuals with total income up to Rs 12 lakh can…
Income Tax Return: Is Form 16 mandatory for ITR filing & what to do if the employer has not issued it?
For salaried taxpayers, Form 16 is one of the most important documents for ITR filing. (AI…