The Income Tax Department has made it easier for taxpayers to file rectification applications in certain income tax orders.
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
The Income Tax Department has introduced a new online feature on its e-filing portal, allowing taxpayers to directly file rectification requests for specific tax orders with the relevant authority.
Since taxes are generally discharged by such Gift City outbound mutual funds on behalf of its investors, the income is not ...
If your annual income is less than ₹5 lakh and you file a belated ITR now, you will have to pay a late fee of ₹1000. Those with an income of ₹5 lakh or more will have to pay a late fee of up to ₹5000.