An error was made while his ITR was being prepared, resulting in Rs 9.6 lakh being…
Tag: income tax return
He moved to the US for a job and forgot to file his India ITR; taxman imposed Rs 8.29 lakh penalty, but ITAT Jaipur cancelled it for this reason
The tax department imposed a penalty of Rs 8.29 lakh, alleging misreporting of income. (Image for…
Real estate businessman lost Rs 34.21 lakh in F&O trading; taxman called it speculative, but ITAT Delhi allowed Rs 25.09 lakh as business loss: Here’s why
The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from…
He got Rs 30 lakh salary but missed ITR filing after changing jobs due to delayed Form 16; Income Tax department imposed Rs 3.74 lakh penalty, how taxpayer won relief from ITAT
Although the Form 16 was not available to him, Aggarwal’s Form 26AS contained the details of…
ITR filing: How to track your tax refund status online; here’s a quick step-by-step guide
The tax-filing portal will show whether the refund is under processing, issued, or adjusted against an…
Cybercriminals widen net as assessees rush to meet I-T return filing deadline
BENGALURU: Cybercriminals are exploiting the income-tax return (ITR) filing season by sending fake income tax department…
ITR deadline nears: Here’s how to report house property income in tax returns |
Here’s how to report your house property in ITR Whether you own a self-occupied house or…
ITR filing: Sold shares, property or crypto this year? Here’s what you must know before filing your income tax return
The first step in capital gains taxation is to identify the asset sold and determine whether…
Supreme Court lays down ITR norms for fixing accident damages | India News
NEW DELHI: Pointing out that a salaried person has a fixed income while the earnings of…
ITR filing: How to claim HRA exemption when filing income tax return – top points to keep in mind
Taxpayers should retain rent receipts, lease agreements, proof of rent payments, and other supporting documents. (AI…