As per #IncomeTax Act, you will be able to file a revised #ITR at any time during the assessment year or before the completion of the assessment, whichever is earlier.

At the start of each financial year, people start exploring all the available tax-saving opportunities to avail deductions up to Rs 1,50,000 under Section 80C of the #IncomeTax Act.

#Investment #Savings #FinancialPlanning

More than 15.49 lakh #ITRs were filed on December 27, 2021, and this number is likely to increase further as the #due date of December 31, 2021, is approaching, the #incometax department said

Capricorn (Cairn Energy PLC) plans to return up to $700 mn India tax refund proceeds. The company says tax refund to be made in early 2022

#TaxReturn #incometax #CairnEnergy

#IncomeTax Department conducts searches at Sharda Motor & Bharat Seats. I-T searches Sharda Motor & Bharat Seats offices on charges of bogus billing, sources to

#Incometax return filing: How to #calculate relief for salary #arrears and claim it

FM says no #IncomeTax for people earning up to Rs 7.27 lakh per annum under new #tax regime

Three days to go for the #IncomeTax return filing deadline to end. Artificial Intelligence & simpler forms have sparked a rise in do-it-yourself returns filings.

🫰 Gross #DirectTax collections at Rs 17.18 Lk Cr, up 16.77% YoY

🫰Net corporate #IncomeTax up 12.37% YoY

🫰Net personal income #tax grows 27.26% YoY

🫰Refunds amounting Rs 2.48 lk cr issued up to Jan 10, 2024

#DonaldTrump has floated the idea of using #tariffhikes as a way to pay for some #incometax cuts

#Trump, in a meeting with House Republicans in Washington on Thursday, said he is pushing for tariff hikes, as well as an extension of his expiring 2017 tax cuts and a new tax exemption for tipped wages, according to lawmakers in the room

#JustIn | Internal Committee of #IncomeTax department has been formed to oversee comprehensive review of Income-Tax Act.

Committee invites public inputs & suggestions in 4 categories that are simplification of language, litigation reduction and more.