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Get ready to face the truth of doctors and chartered accountants whom general public trust blindfolded. These two professionals are responsible for their trust and accuracy but this time income tax department has proved them wrong.
In a statement released by the Central Board of Direct Taxes (CBDT), it was revealed that there has been a growth of 80 percent in the number of income tax return (ITR) filers in the past 4 years.
SAG Infotech Navratri offer comes up with various exciting discounts on taxation and payroll software. There is 5 software on offer with interesting discounts.
The recent data formulated by the Income Tax (I-T) department indicates a 40 percent increase in e-filing of I-T returns. The current count of e-return filing stands at 4.37 crore as opposed to the 3.10 crore returns for the financial year 17-18 (Assessment Year 16-17).
The government is now ready to tighten up the scrutiny of all the taxpayers as according to one of the officials. the tax department will now compare multiple tax data of an individual to ascertain any tax leakage.
The process of income tax returns is not just limited to submitting the return online. A taxpayer also needs to verify the income tax return after it has been filed. Today, we will discuss the process and online and offline options for verifying an ITR. Make sure to file your returns on time to avoid […]
There are so many confusing terms in the tax world such as financial year and assessment year, gross total income and total income which we have heard so many times while filing income tax return (ITR).
If you have already filed your income tax return (ITR) for the year and want to check the status for the same, here’s a way to do the same online.
For every eligible taxpayer, filing the ITR would be a yearly obligation in India. It’s a legal obligation that guarantees correct reporting of income and financial activities to the government; it’s not merely a formality. The Income Tax Department uses an automated system to carefully review the submitted returns in order to speed up this […]
