How To Check Income Tax Status Online The last date for filing your income tax returns (ITR) is August 31. An important step after filing the ITR is to check your income tax status to know if it has been accepted and processed. A properly filed and processed income tax return will show ‘ITR processed’ […]

Filing tax returns is mandatory for those having a total annual income of over Rs 2.5 lakh or tax is deducted at source (TDS) from income. It is an annual activity seen as a moral and social duty of every responsible citizen of the country. It is a means to be aware of different investment […]

After submitting the return, individuals are also required to verify their returns. The last day to file income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. The income tax (I-T) department cautions that the income tax payers should not resort to the last minute rush and file their income tax (I-T) […]

The Income Tax Department had recently extended the due date for filing income tax return for AY 2019-20 from July 31 to August 31, 2019, for certain category of taxpayers. However, as even this extended due date is fast approaching, taxpayers – who are yet to file their ITR – seem to be in a […]

Going by the recent changes in the Income Tax rules, all the registered taxpayers will file their income tax returns electronically. Only an individual who is more than 80 years of age and does not have any income from business or profession can file it in paper form. Here are five things that you should […]

Most salaried people think that the Form 16 is all that is needed to file income tax returns. However, according to experts, it is important to ensure that there is no discrepancy in the information that the IT department has in its possession and what you are providing through ITR filing. To do that you […]

About Form 26AS Form 26 AS is an official form that provides the details pertaining to the tax amount that the deductor has deducted. This form also contains information about the details regarding the tax that was deducted at the source and the details of advance tax. You can also find the details about the […]