Income Tax Dept acknowledges errors in ITR notices sent to taxpayers. Stay informed and learn how to respond if affected.

What Happens If You Don’t File ITR: Missed filing ITR? Learn about penalties, notices, and consequences. Stay compliant and avoid future tax problems.

Easily file your ITR online with expert assistance. Fast, secure, and government-compliant tax filing services for individuals & businesses.

Know the penalty for late ITR filing. Avoid interest, fines, and legal issues. File your Income Tax Return on time and stay compliant.

Explore the Income Tax Bill 2025—lower tax rates, increased deductions, and anti-tax evasion measures for a simplified and efficient tax system in India.

What is turnover of a company? Understand its definition, calculation methods, and how it reflects a business’s financial health and performance.

Understand cost to company (CTC) and how salary components like basic pay, allowances, bonuses, and deductions impact total employee compensation.

Get a clear capital gain definition Income Tax Act and understand how gains from asset transfers are classified, taxed, and managed under Indian tax laws.

Learn what is ITR return, its significance in tax compliance, and the correct method to file your income tax return to avoid penalties and ensure accuracy.

Find out how to save tax on capital gain on sale of shares with legal exemptions, reinvestment options, and smart tax-saving strategies for investors.

In today’s digital age, taxpayers must be vigilant about communications from the Income Tax Department (ITD). It’s not uncommon to receive notifications via SMS, phone calls,

ITR When a taxpayer engages in securities investments, they incur tax liabilities on the income generated from these transactions. The classification of this income as either Business Income

In the intricate world of income tax, expenditures serve as vital clues to an individual’s lifestyle and spending habits. From family celebrations to international travels and fine dining experiences, these expenses reflect how one utilizes their income.

Click on the “Back” option to return to the e-Campaign – Non-filing of return screen.

To complete the response, click on “Information Confirmation” to submit feedback against the provided information.

When the Income Tax Department (ITD) identifies transactions during a financial year that don’t align with a taxpayer’s typical profile, they present these discrepancies for the taxpayer’s review.

In the intricate realm of income tax compliance, taxpayers may encounter queries for non-filing of returns if they skip submitting their Income Tax Return (ITR) for a specific Assessment Year (AY).

When you access the Compliance Portal, you’ll find a section dedicated to Information Summaries. Here, you can delve into the details of transactions flagged by the ITD.

Taxpayers dealing with significant cash deposits must adhere to the rules outlined in Section 114B. For transactions involving Rs. 50,000 or more,

In the realm of income tax regulations, understanding the intricacies of capital gains tax is essential for taxpayers. When selling immovable property, capital gains tax,

Tax Liability for House Property: Navigating income tax verification and taxation related to house property can be complex, but essential for taxpayers to ensure compliance with regulations.