Salaried individuals with an income of up to Rs 12.75 lakh will have no tax liability after accounting for a Rs 75,000 ...
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Newspoint on MSNIncome Tax: If you deposit this much cash in your bank account in a year, you may come under the radar of the Income Tax Department..Nowadays, most people have savings accounts. They transact money through it. Many times you also deposit cash in the bank.
The Income Tax (IT) department went into overdrive before the end of the financial year with a spate of tax demand orders ...
The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...
It's almost Tax Day, and if you still haven't received your refund, here's how to check your refund status in Pennsylvania.
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...
Under the income tax law, a tenant who is living in a property and paying a rent of Rs 50,000 for it, he must deduct TDS of 2 ...
Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.
Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...
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