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BM Finance Fundas: Missed I-T returns filing deadline of July 31?

Apart from the belated return, December 31, 2023, is also the last date to file the revised ITR for FY 2022-23 (AY 2023-24). A revised ITR is filed to correct mistakes in the original ITR. A revised ITR is filed under Section 139(5) of the Income-tax Act. ....

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Latest Changes In Income Tax Rules, Including Cash Deposits. Read Here

These significant changes in the income tax rules came into effect on July 1 this year ....

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Deadline For Filing Returns Approaching. Read How To File Income Tax Returns, Here

Income tax is levied on the basis of a slab system. This means, different tax rates are prescribed for different ranges of income. ....

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Taxpayers Base And Income Tax Returns Rising: Direct Taxes Board Chair

The number of income tax returns has increased in FY22 over the previous fiscal,Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday. ....

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