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Income Tax

Late filing fees Rs 5000! File ITR by This date- Here is how to file ITR

TaxClue Team -
The central Government has extended the due date for filing Income Tax Returns. However, if you still fail to file the returns then you...
Income Tax

Income Tax (CBDT) Due Date Further Extended on 29.08.2021

CS Lalit Rajput -
The Board of Direct Taxes (Income Tax Department) vide circular No. 16/2021 dated 29.08.2021, in the exercise of its power under section 119 of...
Income Tax

How you can File ITR if earning freelancing income with a regular job?

Pradeep Sharma -
Besides a regular job, freelancing can be a good source of additional income. It helps you to maximize savings and ease your journey towards...
Income Tax

How to rectify mismatch in details of Form 26AS and Form 16

Vikas Sharma -
The last date of ITR filing for FY 2020-21 is 30th September 2021, and the salaried individuals may have received Form 16 from their...
Income Tax

Income Tax (CBDT) Due Date Further Extended on 03.08.2021

CS Lalit Rajput -
The Board of Direct Taxes (Income Tax Department) vide circular No. 15/2021 dated 03.08.2021, in the exercise of its power under section 119 of...
Income Tax

Penalties and Prosecutions Under Income tax Act, 1961

TaxClue Team -
Penalties and Prosecutions Default in complying with provisions of or with conditions prescribed under the Income-tax Act would attract certain penalties and in critical cases...
Income Tax

5 key things to remember while filing income tax return for FY-2020-2021

TaxClue Team -
Last month, the income tax department launched a new e-filing portal (www.incometax.gov.in) as part of project CPC 2.0. This new portal aims to provide...
Articles

10 important things individual taxpayers must know before filing ITR Income Tax Return filing

TaxClue Team -
For individuals , the income tax return (ITR) filing deadline for Financial Year (FY) 2020-21 (The assessment Year 2021-22) has been extended from 31...
Income Tax

File your ITR online without Form 16

Vikas Sharma -
What is Form 16? Form 16 is a TDS certificate furnished by the employer to the employee. It contains the details of the TDS...
Articles

All You Need to Know About Tax on Gifts in India

TaxClue Team -
Giving and receiving gifts is an integral part of India’s cultural heritage. While in most cases, the value of such presents is nominal, but...
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