Income Tax SFT return filing 2023: In view of difficulties faced by filers due to heavy traffic on the reporting portal, the Income Tax Department has given a couple of days more for filing of SFT ...
Covers the latest cash withdrawal, deposit, and loan limits. Takeaway: exceeding thresholds can trigger TDS, penalties, and blocked ...
This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...
Large cash payments for property, gold, or cars are restricted. Daily expenses like groceries can be paid in cash. The Income ...
New Delhi: The Reserve Bank of India’s (RBI) sudden move to withdraw Rs 2,000 bank notes has created confusion amongst a few with regard to its tax implications. Even though the Rs 2,000 notes that ...
There are ways to save tax and get a refund from the I-T Department in case your employer has deducted higher taxes. The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing ...