ITR portal glitches, Income tax notice management; other issues plague e-filing ITR portal; Experts urge FM to look into this ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.

First of all, you need to click this link on Income Tax India portal to access the tax calculator. For financial year 2024-25, the entry of the year is already pre-filled. Now you need to enter ...

Navigating the NRI taxation and double taxation avoidance treaties can be daunting. Here is a guide to maximizing tax ...

File revised returns only after glitches in ITR utilities are sorted out, say tax experts Many small income tax-payers ... the official e-filing portal, the HTML utilities will be updated ...

ITAT Ahmedabad held that non-compliance to notices issued u/s. 250 by CIT (A) resulted into delayed appellate proceedings. Accordingly, cost of Rs. 5,000 imposed on the assessee for lack of diligence.