Income Tax Department website revamp: Site offers links for new ITR forms, e-pay tax, e-verification, e-PAN, payment status and many other tasksThe Income Tax Department has launched a revamped e-filing portal to support the transition to the new Income Tax Act, 2025. Taxpayers can ...
Did you make a mistake in filing ITR in a hurry on September 16? Here's how to correct itTaxpayers who filed Income Tax Returns with errors have options. If the ITR isn't e-verified, it can be discarded and refiled. After e-veri...
New record of over 7.28 cr income-tax returns filed: Tax deptA record 7.28 crore income tax returns were submitted by July 31 for the assessment year 2024-25, exceeding last year’s total. Most filings...
Made mistake in income tax challan? Now you can rectify these errors online through the e-filing portal, here's howITR tax mistake: Now you can make corrections in the income tax challan online if you satisfy certain conditions. This challan correction f...
ITR filing for FY2023-24: Latest full list of authorised banks for tax payments available at e-Pay Tax serviceTaxpayers are offered wide range of modes for payment, including Net Banking, Debit card, Pay at Bank Counter. List of banks for tax paymen...
Long weekend cancelled for income tax department; it will work on March 29 to 31st to facilitate taxpayersIncome tax department: March 29, 2024 is Good Friday, a holiday and March 30 is a Saturday. Further March 31 is a sunday. In light of the f...
How to correct income tax challan mistake online on e-filing portalNow it is possible to correct mistakes made in tax payment challan online via the e-filing ITR portal. This new feature was recently introd...
How to pay income tax online via e-filing portal, offline at bankVarious types of income taxes like advance tax, self-assessment tax others can be paid on the e-filing income tax return (ITR) portal by us...
Is AIS not showing income tax paid while filing ITR? This is where you need to checkAnnual Information Statement (AIS) is an important document because many tax filers reconcile their own data with AIS. However do note that...
How to pay the penalty before filing a belated income tax return (ITR)Missed the ITR deadline of July 31, 2023 and have a net taxable income above Rs 5 lakh for FY 2022-23 (AY 2023-24)? Pay Rs 5,000 as penalty...
I-T dept says record 6.77 cr ITRs filed for AY 2023-24 till July 31The income tax department on Monday stated that a record 6.77 crore income tax returns for the assessment year (AY)2023-24 were filed till ...
Is your advance tax, self-assessment tax details missing from ITR forms? Here’s what you can doAdvance tax, Self-assessment tax, refund, others will not be available in Form 26AS from this year AY 2023-24 (FY 2022-23. Nonetheless, one...
How to correct mistakes made at the time of paying income taxIt is important to ensure that correct details are selected or filled in the tax challan at the time of depositing your income tax. It may ...
Will banks be open on ITR filing last day, July 31?For salaried taxpayers, the deadline to submit an ITR (AY 2022-23) is July 31, 2022. This year's deadline comes on a Sunday, a day off from...
How to correct mistakes made at the time of paying income taxWhile depositing self-assessment tax or advance tax during the year, you may have selected the wrong assessment year which could lead to a ...
How to get errors in your Form 26AS correctedAn incorrect entry especially with regards to PAN or an amount in the Form 26AS may lead to unnecessary delays in filing the ITR.
How to pay taxes online and offlineYou are required to calculate your tax liability on income earned in the previous FY and deposit any balance tax payable as self-assessment...