Income Tax News ; Missed Something On Your ITR? Here’s How to Correct It After Filing ; Finance Minister Nirmala Sitharaman Calls For Effective GST Implementation - Details ; Defective ITR Notice: Here's What It Means And How to Respond? Check Here ; How To Track Your Income Tax Return Status Online: A Step-by-Step Guide
The Income Tax Return Filing is the process of recording the total income earned by a taxpayer during the fiscal year. An ITR (Income Tax Return) filing is crucial for nation-building, claiming TDS refunds, making loan applications, and carrying forward losses. Nowadays, India is setting new records for direct and indirect tax collection. In FY 2023-24, the target tax collection has crossed 80% of the total budget estimates. ITR filing is a mandatory return declared to record the income, expenses, tax deductions, investments, taxes, etc., of th ...
Usually, Income Tax Returns in India need to be filed before 31st July for individuals and non-audit cases, and 31st October for audit cases of the relevant assessment year. The provision of belated returns is observed as the last chance to file income tax return voluntarily, which is- three months before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier, and anything a ...
Check the progress of your tax return · Your notice of assessment · Tax receipt · Why you may receive a tax bill
The IRS is falling behind in processing millions of income tax returns, potentially delaying refunds for many Americans. According to the Taxpayer Advocate Service, an independent arm of...
A Guide to Filing Your Global Income Tax we'll discuss the essential aspects of filing global income tax, providing valuable insights and guidance to help you navigate through the process...
Check the Status of Your MA Income Tax Refund Find out how to get the latest information about your Massachusetts personal income tax refund with MassTaxConnect.
The blog has information regarding the Income tax slabs for the financial year 2021-22 & File income Tax Returns before the Due date. It mentions a few important dates for ITR filing.
the delayed filing season began Feb. 12. IRS grapples with challenging tax season December’s stimulus legislation had included an “income look back” rule that allowed taxpayers to use...
Foreign Tax Credit Foreign Tax Credit allows Korean residents to offset the tax paid or payable on foreign source income in a foreign country against their global income tax amount in the...