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CBDT has begun the process of automatically extinguishing tax demand notices of up to Rs. 1 lakh per the assessee, which is equivalent to a waiver in layman's words.

Wavier of Income Tax Demand; How to know if it is waived?

The Income Tax Department has issued the Income Tax Act 1961 as amended by the Finance Act 2024.

Download complete Income Tax Act as amended by Finance Act, 2024

ITR filing due date is 31st July 2024. Taxpayers are facing many issues on the income tax portal while filing ITR. Various technical issues are faced by individuals with their income tax and Aadhaar services.

ITR Filing Season: What issues Taxpayers are facing on the IT Portal?

Expenses and salaries have risen and people reach their limit of Section 80C very rapidly. That is why increasing the limit of Section 80C is primary expectation of taxpayers prior to the annual budget 2024.

Budget 2024: Will Deduction of Section 80C under Old Tax Regime be increased by Government?

The Income Tax Department has released a manual on changes on the Income Tax Portal and Common issues while filing ITR.

Recent changes on IT portal and Common issues while filing ITR

Donors had to forego tax deduction benefits for donations made to several temple trusts and an education-based NGO due to not getting Form 10BE or fake claims by other people.

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Wavier of Income Tax Demand; How to know if it is waived?

Download complete Income Tax Act as amended by Finance Act, 2024

ITR Filing Season: What issues Taxpayers are facing on the IT Portal?

Budget 2024: Will Deduction of Section 80C under Old Tax Regime be increased by Government?

Recent changes on IT portal and Common issues while filing ITR

ITR Filing FY 23-24: Missing Form 10BE! Why Donors are forgoing the Benefits of Tax Deductions?