A mismatch between reported income and information captured in AIS and tax credit statement may trigger compliance notices or ...

“A critical issue has emerged in the interpretation and implementation of Rule 114E (2), particularly in cases of joint ...

According to a report by Moneycontrol, the mismatch happens because bank statements show the net dividend (after tax is ...

The government has extended the ITR filing deadline for FY 2024-25 to September 15, 2025, benefiting taxpayers not requiring ...

Joint bank accounts have a primary account holder, and the second person is called a secondary account holder. They are ...

Only 17 days left to file ITR for AY 2025-26; 3.67 crore returns filed so far. Non-audit taxpayers have until Sept 15, while audit cases get till Oct 31.

Schedule FA is not about how much tax you pay. It’s about disclosing your foreign assets. Avoid costly mistakes with this ...

A guide to understanding "clubbing of income" in Indian tax law. Learn how and why income from family members is added to a taxpayer's income for tax ...

Over the last couple of years, the tax department has taken a slew of measures to reform the whole process from issuing ITR forms and corresponding offline and online utilities to filing of returns ...

No more leaving your self assessment until the last minute - Making Tax Digital means changes to your record-keeping ...