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Don’t miss the latest developments in business and finance.
Legal heir bound by law to file deceased's tax return for year of death
Failure to do so can result in penalties for the legal heir
ITR 2021-22: These high-value transactions must be declared in your return
Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to fines, penalties or even jail term
Compare Form 16 with 26AS before filing income-tax return: Experts
Report any discrepancy between the two documents to the employer immediately and get it rectified
Last-minute filers can expedite tax return processing with Jhatpat scheme
Check if you are eligible: Only those filing via ITR 1 and 4 can opt for it
In pictures: All updates on Income Tax deadlines, exemptions, GST fine
Here are the eight major announcements by the govt in the recent past
I-T dept to appoint 7,600 more TPRs for assisting small taxpayers
A TRP, as per official rates, can charge a maximum of Rs 250 for filing one ITR