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You may already be past due if your employer hasn't received the documentation you need to claim deductions and exemptions in accordance with certain provisions of the Income Tax Act.

It's already March: here are the Last-Minute Income Tax Saving Tips

Direct Tax collections up to 10th March, 2023 show that gross collections are at Rs. 16.68 lakh crore which is 22.58% higher than the gross collections for the corresponding period of last year.

Direct Tax Collections up 16.8% to Rs.13.73 lakh crore till 10th March 2023

As per Clause 26 of Article 366 of Constitution, tribal population of Arunachal Pradesh living in territories listed in 6th Schedule is exempt from Income Tax Act of 1961.

Arunachal Tribals need to obtain Exemption Certificate from Income Tax Department: Deputy CM

Bombay High Court asked Income Tax Department not to take any action on penalty notices issued against Anil Ambani, chairman of Reliance (ADA) Group, in connection with income tax proceedings filed against him till March 17.

Bombay HC grants interim relief to Anil Ambani in Tax Evasion

Income Tax Department has issued an update on Form 26AS and Annual information statement stating that from Assessment Year 2023-24 onwards, Form 26AS display only TDS/TCS data. Other taxes like advance tax, Self-assessment tax, refund etc., would be available in the AIS.

Form 26AS and Annual Information Statement (AIS) important update

The Income Tax Department has issued a reminder to all the taxpayers regarding paying the advance tax. The department ask taxpayer to pay 4th installment of advance tax on or before 15th March 2023.

Pay 4th Installment of Advance Tax Before this Date; Know Here

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