Here’s a look at some of the changes in tax rules that will be effective from April 1
Income tax deadline to seek tax exemption via ELSS today: All you need to know
Since the financial markets are closed for three days, mutual fund houses will not be able to process the transactions during these days.
As the deadline for making tax-saving investments for the financial year 2023-24 fast approaches, taxpayers must exercise caution and due diligence to avoid mistakes.
If the gift of shares is received from a relative, there is no tax implication for recipient
As the financial year draws to a close on March 31, taxpayers are exploring avenues to optimise their financial strategies and minimise tax liabilities under the new tax regime. Here’s a comparative list of deductions under the old and new tax regimes to help you make the right choices.
For salaried individuals who switched jobs during the fiscal year (between April 1, 2023, and March 31, 2024), submitting Form 12B to their new employer becomes imperative.
Income tax e-filing: Inoperative PAN? Still possible to file an income tax return without Aadhaar OTP verification
By making payment of additional income tax and interest, taxpayers can file updated tax return for any of the assessment years: 2021-22, 2022-23 and 2023-24.
The Central Board of Direct Taxes (CBDT) in a circular dated March 15 said that the said monetary limits will not be applicable for filing appeals in cases where prosecution has been filed by the department in the relevant case.
© 2018 CA Chandan Agarwal. All rights reserved.