Articles

Section 139(5) of the Income Tax Act allows taxpayers to revise their ITR and make necessary corrections by filing a revised return, but within the allowed time period.

Made a Mistake in Your ITR? Here is How to Revise Your ITR

under Section 54, you can get tax exemption on LTCG arising from selling a residential house, if you reinvest the capital gains in purchasing or constructing another residential house within the specified time period.

Section 54: Exemption on Long-Term Capital Gains from Sale of Residential Property

Judgement

The court held that the show cause notice dated was issued within the given time period of three months before the order dated was passed.

Three Months Means Calendar Months, Not 90 Days: High Court in matter of Tata Play

PNB has lowered its FD interest rates for certain time periods on deposits less than Rs 3 crore. PNB follows other banks that recently cut rates, including Yes Bank, Canara Bank and others.

PNB Reduces FD Interest Rates for Select Tenures: Check Details

News

The time period for claiming old income tax refunds has been reduced as an outcome of significant changes made by the Income Tax Department to its refund claim processes.

Income Tax Department reduces time to apply for Old Tax Refunds: Know More

GST Taxpayers need to file GST Returns every month. Taxpayers who are Registered as Input Service Distributor, they all need to file their Tax Returns within time period given.

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Made a Mistake in Your ITR? Here is How to Revise Your ITR

Section 54: Exemption on Long-Term Capital Gains from Sale of Residential Property

Three Months Means Calendar Months, Not 90 Days: High Court in matter of Tata Play

PNB Reduces FD Interest Rates for Select Tenures: Check Details

Income Tax Department reduces time to apply for Old Tax Refunds: Know More

GSTR-6 Due Date: Last Date to File Return; Taxpayers Should Not Miss