Income Tax
Filing your income tax return incorrectly or missing deadlines can lead to penalties ranging from Rs 5,000 to 200% of the tax amount. Understanding …
Income Tax
If you've paid excess tax through TDS or advance tax, you're entitled to a refund. Here's a complete guide on how to claim your …
Income Tax
Losing access to your registered mobile number can lock you out of the Income Tax e-filing portal. Here's a step-by-step guide to regain access …
Income Tax
Your AIS statement can look alarming, but most entries — deposits, withdrawals, purchases, transfers — are not taxable income by themselves. Here is what …
Income Tax
Foreign investors who purchased Indian shares but earned no income are receiving Income Tax reassessment notices due to deemed dividend rules and capital gains …
Income Tax
Tax experts reveal that inadvertent mistakes in filing returns and reporting income—rather than deliberate evasion—are the primary drivers of disputes between taxpayers and the …
Income Tax
The Income Tax Department is sending SMS reminders to taxpayers about filing returns early. Here's what these alerts mean and why filing sooner rather …
Income Tax
The Income Tax Department reports a significant early surge in return filings for Assessment Year 2026-27, reflecting improved compliance and digital adoption among Indian …
Income Tax
The government has notified new Income Tax Rules 2026, introducing stricter compliance measures for taxpayers. Here's what you need to know about the updated …