The last date for filing ITR for the financial year 2023-24 is December 31, 2024, for individual taxpayers who are not ...

Taxpayers have to file income tax returns (ITR filing) once a year. For this, a deadline is fixed by the Income Tax Department. If taxpayers do not file returns within the deadline, then they have to ...

Two influential conservative groups are urging Iowa lawmakers to cut state and local taxes. Iowans for Tax Relief president ...

"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.

Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...

Non-compliance can lead to penalties of up to ₹10 lakh if foreign assets exceed ₹20 lakh (excluding immovable property).

Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead ...

Advance tax is also called as 'pay as you earn' tax which provisions to deposit advance tax in installments rather than at ...

Taxpayers must pay the third advance tax instalment by December 15, 2024, to avoid penalties. Those with tax liabilities over ...

ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer ...

A belated return refers to the income tax return that is filed after the deadline, that is July 31 of a given assessment year ...