Stay updated with breaking news from Pit Returns. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers. ITR-2 is filed by people having income from residential property).
The Congress party has received a fresh notice of Rs 1,700 crore from the Income Tax department for discrepancies in tax returns for previous years. The fresh notice was received earlier this week.
Here are the key numbers from the Interim Budget 2024 presented by Finance Mininster Nirmala Sitharaman.
India Business News: The tax department has seen a significant increase in the number of taxpayers, thanks to rising compliance and the use of technology. The total number
New tax rules 2023: One of the significant announcements regarding personal taxation was the declaration of the New Income Tax Regime as the default tax regime.